IBJNews

Allison, two others partner on new transmissions

Back to TopCommentsE-mailPrintBookmark and Share

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.

 

ADVERTISEMENT

Post a comment to this story

COMMENTS POLICY
We reserve the right to remove any post that we feel is obscene, profane, vulgar, racist, sexually explicit, abusive, or hateful.
 
You are legally responsible for what you post and your anonymity is not guaranteed.
 
Posts that insult, defame, threaten, harass or abuse other readers or people mentioned in IBJ editorial content are also subject to removal. Please respect the privacy of individuals and refrain from posting personal information.
 
No solicitations, spamming or advertisements are allowed. Readers may post links to other informational websites that are relevant to the topic at hand, but please do not link to objectionable material.
 
We may remove messages that are unrelated to the topic, encourage illegal activity, use all capital letters or are unreadable.
 

Messages that are flagged by readers as objectionable will be reviewed and may or may not be removed. Please do not flag a post simply because you disagree with it.

Sponsored by
ADVERTISEMENT

facebook - twitter on Facebook & Twitter

Follow on TwitterFollow IBJ on Facebook:
Follow on TwitterFollow IBJ's Tweets on these topics:
 
Subscribe to IBJ
  1. President Obama has referred to the ACA as "Obamacare" any number of times; one thing it is not, if you don't qualify for a subsidy, is "affordable".

  2. One important correction, Indiana does not have an ag-gag law, it was soundly defeated, or at least changed. It was stripped of everything to do with undercover pictures and video on farms. There is NO WAY on earth that ag gag laws will survive a constitutional challenge. None. Period. Also, the reason they are trying to keep you out, isn't so we don't show the blatant abuse like slamming pigs heads into the ground, it's show we don't show you the legal stuf... the anal electroctions, the cutting off of genitals without anesthesia, the tail docking, the cutting off of beaks, the baby male chicks getting thrown alive into a grinder, the deplorable conditions, downed animals, animals sitting in their own excrement, the throat slitting, the bolt guns. It is all deplorable behavior that doesn't belong in a civilized society. The meat, dairy and egg industries are running scared right now, which is why they are trying to pass these ridiculous laws. What a losing battle.

  3. Eating there years ago the food was decent, nothing to write home about. Weird thing was Javier tried to pass off the story the way he ended up in Indy was he took a bus he thought was going to Minneapolis. This seems to be the same story from the founder of Acapulco Joe's. Stopped going as I never really did trust him after that or the quality of what being served.

  4. Indianapolis...the city of cricket, chains, crime and call centers!

  5. "In real life, a farmer wants his livestock as happy and health as possible. Such treatment give the best financial return." I have to disagree. What's in the farmer's best interest is to raise as many animals as possible as quickly as possible as cheaply as possible. There is a reason grass-fed beef is more expensive than corn-fed beef: it costs more to raise. Since consumers often want more food for lower prices, the incentive is for farmers to maximize their production while minimizing their costs. Obviously, having very sick or dead animals does not help the farmer, however, so there is a line somewhere. Where that line is drawn is the question.

ADVERTISEMENT