Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowAllison Transmission Holdings Inc. has moved deeper into the hybrid vehicle market by adding products for a broader array of trucks and buses.
The company on March 6 publicly unveiled a hybrid propulsion system for medium- and heavy-duty vehicles, production for which will begin later this year.
Previously, buses were the only hybrid vehicles the Indianapolis manufacturer supplied to.
Hybrid buses are a relatively small market for the company, and they took a hit last year.
Allison reported its sales of hybrid propulsion systems for transit buses dropped 14 percent in 2012, to $115 million. That was about 5 percent of total revenue of $2.1 billion.
The company primarily focuses on automatic transmissions for commercial and military vehicles that have traditional internal-combustion engines.
Please enable JavaScript to view this content.