U.S. demand for Class 8 vocational trucks and day cab tractors that has tracked with expectations combined with a lift from higher prices helped boost Allison Transmission profit in Q1 2025.
May 6, 2025Allison Transmission News Updates
Vocational Demand, Price Hikes Boost Allison Q1 Profit
Class 8 Vocational Demand Powers Allison Q4 Profit, Revenue
Allison Transmission's profit and revenue rose in the fourth quarter of 2024 on the back of increased Class 8 vocational North American on-highway demand, the company said Feb. 11.
February 12, 2025Allison Q3 Profit Surges 26.6% on Vocational Truck Demand
Allison Transmission’s profit in the third quarter jumped 26.6% on the back of demand for Class 8 vocational trucks in North America, with executives saying it shows no sign of slowing down.
November 4, 2024Unprecedented Vocational Truck Demand Drives Allison Profits
Record demand for Class 8 vocational trucks propelled profits and revenue at Allison Transmission Holdings higher in the second quarter of 2024.
July 29, 2024Labor Deal Signing Bonuses Dampen Record Allison Sales
Signing bonuses linked to a labor contract ratified by United Auto Workers members in January hurt profits at Allison Transmission Holdings in the first quarter of 2024.
April 26, 2024Allison Q4 Profit Rises 21% on Vocational Strength
Allison Transmission Holdings Inc. profits increased 21% year-over-year in the fourth quarter of 2023 behind North American Class 8 vocational truck market strength.
February 15, 2024Allison Transmission Employees Ratify Four-Year Labor Deal
Around 1,500 unionized employees at Allison Transmission Holdings on Jan. 16 ratified a revised four-year labor agreement, the United Auto Workers union Local 933 said Jan. 17.
January 17, 2024Allison Transmission Workers to Vote Jan. 16 on Labor Deal
Some 1,500 unionized employees at Allison Transmission Holdings are set to vote Jan. 16 on ratifying a revised labor agreement, the United Auto Workers union Local 933 said.
January 12, 2024Allison Transmission Workers Reject Labor Deal, Stay on Job
Some 1,500 Allison Transmission Holdings employees rejected a deal the company struck with union negotiators, but will remain on the job while talks continue, the company said Dec. 1.
December 6, 2023Allison Transmission Third-Quarter Profit Rises 14%
Allison Transmission Holdings posted net income of $158 million in the third quarter of 2023, an increase of 14% from $139 million in the same period in 2022, the company said Oct. 25.
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