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Allison, two others partner on new transmissions

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Indianapolis-based Allison Transmission Inc. has partnered with two other auto suppliers to develop and produce a new line of high-efficiency transmissions, the companies announced Thursday morning.

The "next-generation" transmissions developed by Allison, Dana Holding Corp. and Fallbrook Technologies Inc. will be expected to increase fuel efficiency, reduce emissions and improve overall vehicle performance.

The agreement calls for Fallbrook's NuVinci CVP technology to be licensed to Allison and Dana. The technology enables designers to reduce complexity of transmissions, superchargers, and other powertrain systems, allowing engines to operate at more efficient speeds.

As part of the deal, Allison acquired an undisclosed, non-controlling equity stake in privately owned Fallbrook., which is headquartered in San Diego, Calif.

During a Thursday morning teleconference, Allison CEO Lawrence Dewey declined to discuss the company’s total investment in the NuVinci CVP technology or the potential financial impact of the agreement.

“As we get to stages where it makes sense, we’ll be disclosing that,” Dewey said.

Through its licensing agreement, Allison will have the exclusive right to use the CVP technology in primary drivetrain transmissions for customers producing commercial, military, off-road and other vehicles and equipment.

Maumee, Ohio-based Dana Holding Corp.'s separate but related agreement with Fallbrook will allow it to engineer and produce NuVinci transmission parts.

Allison and Dana also signed a letter of intent to set up a partnership in which Dana would produce parts for Allison’s NuVinci transmissions.

Allison shares fell 12 cents in early trading Thursday, to $19.30 each. The stock has risen 10 percent since the beginning of September.

Dana's shares fell 11 cents, to $13.81.

 

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  1. Now if he'd just stay there...

  2. Daniel - what about the many US citizens who do NOT follow what the Bible teaches? The Hindus, Jews, Muslims and others who are all American citizens entitled to all rights as Americans?? This issue has NOTHING to do with "What the Bible says..." Keep all Churches separate from State! Pence's ongoing idiocy continues to make Indiana look like a backwards, homophobic state in the eyes of our nation. Can't we move on to bigger issues - like educating our kids?

  3. 1. IBJ should link to the referenced report. We are in the age of electronic media...not sharing information is lazy. Here is a link http://www.in.gov/gov/files/Blue_Ribbon_Panel_Report_July_9_2014.pdf 2. The article should provide more clarity about the make-up of this panel. The commenters are making this item out to be partisan, it does not appear the panel is partisan. Here is a list of the panel which appears to be balanced with different SME to add different perspectives http://www.in.gov/activecalendar/EventList.aspx?view=EventDetails&eventidn=138116?formation_id=189603 3. It suggests a by-pass, I do not see where this report suggests another "loop". 4. Henry, based on your kneejerk reaction, we would be better off if you moved to another state unless your post was meant as sarcasm in which case I say Well Done. 5. The article and report actually indicates need to improve rail and port infrastructure in direct contradiction to Shayla commentary. Specifically, recommendation is to consider passenger rail projects... 6. People have a voice with their elected officials. These are suggestions and do not represent "crony capitalism", etc. The report needs to be analyzed and the legislature can decide on priorities and spending. Don't like it, then vote in a new legislature but quit artificially creating issues where there are none! People need to sift through the politics and provide constructive criticism to the process rather than making uninformed comments in a public forum based on misinformation. IBJ should work harder to correct the record in these forums when blatant errors or misrepresentations are made.

  4. Joe ... Marriage is defined in the Bible ... it is mentioned in the Bible often. Marriage is not mentioned once in the US or Indiana Constitution ...

  5. Daniel - Educate me please: what does the Bible have to do with laws? If the government wasn't in the business of marriage to begin with, then it wouldn't have to "define" marriage at all. Marriage could be left as a personal, religious, or otherwise unregulated action, with no ties to taxes, legal status, etc. Then people could marry whomever they want, and all this silliness would go away. Remember to vote Libertarian in November.

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