Allison Transmission Holdings Inc.

INDIANAPOLIS, March 10, 2026 /PRNewswire/ -- Allison Transmission Holdings, Inc. (NYSE: ALSN), a global leader in high-performance mobility and work solutions, announced a significant expansion in its long-standing partnership with Daimler Truck North America LLC (DTNA). The collaboration introduces two advanced fully automatic transmission offerings for DTNA's industry-leading Freightliner M2 106 Plus medium-duty truck.

The Allison 3414 Regional Haul Series™ (RHS) transmission paired with the Cummins X10 diesel engine in M2 106 Plus trucks will enter production in January 2027. Additionally, the Allison 9-Speed transmission paired with the Cummins B6.7 Octane engine in M2 106 Plus trucks will enter production in July 2026.

"When paired with the new Cummins X10 in an M2 106 Plus, the Allison 3414 RHS gives customers a lighter automatic option that helps the Freightliner M2 106 Plus meet the needs of medium duty tractor applications," said Aaron Scates, vice president, Vocational and Medium Duty Market Development at Daimler Truck North America. "The Allison 9-Speed, paired with the Cummins B6.7 Octane, offers smooth, predictable shifting for customers choosing a gasoline configuration. Together, these transmissions broaden the range of powertrain options available to customers as they tailor the M2 106 Plus to their needs."

The optimized powertrain pairing of the Allison 3414 RHS transmission with the Cummins X10 engine delivers proven performance and efficiency in medium duty tractor applications. The 3414 RHS is engineered to enhance vehicle handling and maneuverability and provides 25% faster acceleration when compared to competitive automated manual transmissions (AMTs). The fully automatic transmission has a torque capacity and gear ratio optimization that make it ideally suited for a diverse range of operating conditions in demanding duty cycles.

The Allison 9-Speed transmission paired with the Cummins Octane engine is designed to help fleets address the evolving efficiency requirements as well as offer a balance between torque delivery and fuel-saving capability for commercial truck applications.

"The expansion of our partnership with DTNA underscores a shared commitment to delivering powertrain solutions that best address our customers' needs," said Rohan Barua, Vice President, North America Sales, Global Channel and Aftermarket. "By integrating our 3414 RHS and 9-speed transmissions into the Freightliner M2 106 Plus platform, we are providing purpose-built technology designed to enhance productivity, efficiency and long-term value."

About Allison Transmission

Allison Transmission Holdings, Inc. (NYSE: ALSN) ("Allison") is a global leader in high-performance mobility and work solutions built for the needs of the modern industrial world. Enhanced by a track record of strategic acquisitions, Allison operates through two business units: Allison Transmission and Allison Off-Highway Drive & Motion Systems. Headquartered in Indianapolis, Indiana, USA, the Company manufactures solutions which offer industry-leading value propositions across vital sectors such as infrastructure, mining, energy, agriculture, construction, transportation and national security. For over 110 years, Allison has been recognized as a reliable partner of choice, keeping essential industries moving anytime, in over 150 countries around the world. For more information, visit https://allisontransmission.com

About Daimler Truck North America

Daimler Truck North America LLC (DTNA), headquartered in Portland, Oregon, is the largest manufacturer of heavy-duty trucks in North America and a leading provider of innovative products, services, and technologies for the commercial transportation industry. DTNA designs, engineers, manufactures, and markets medium- and heavy-duty trucks, school buses, vehicle chassis and related technologies and components under the Freightliner, Western Star, Thomas Built Buses, Freightliner Custom Chassis Corp and Detroit brands. As a subsidiary of Daimler Truck AG, one of the world's leading commercial vehicle manufacturers, DTNA is dedicated to delivering exceptional value and support to its customers - helping them keep the world moving.

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SOURCE Allison Transmission, Inc.

INDIANAPOLIS, Feb. 26, 2026 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN), a global leader in high-performance mobility and work solutions built for the needs of the modern industrial world, announced today that its Board of Directors has approved an increase in the Company's quarterly dividend from $0.27 to $0.29 per share on the Company's common stock and has declared a cash dividend of $0.29 per share on the Company's common stock for the first quarter of 2026. Payment will be made on March 20, to stockholders of record at the close of business on March 9.

"For the seventh consecutive year, Allison's Board of Directors has approved an increase to the quarterly dividend, demonstrating once again our continued commitment to prudent balance sheet management and capital allocation," said Scott Mell, Chief Financial Officer and Treasurer at Allison. "Our ability to consistently return capital to shareholders, while simultaneously investing across our businesses to support long-term growth and deleveraging through accelerated debt repayments, is supported by Allison's strong financial performance and well-defined approach to capital structure management."

The payment of any future dividends will be at the discretion of the Board of Directors and will be dependent upon Allison's financial position, results of operations, available cash, cash flow, capital requirements and other factors deemed relevant by the Board of Directors.

The Company also announced that its 2026 annual meeting of stockholders will be held on May 6. The record date for the meeting will be March 9.

About Allison Transmission

Allison Transmission (NYSE: ALSN) is a global leader in high-performance mobility and work solutions built for the needs of the modern industrial world. Allison operates through two business units: Allison Transmission and Allison Off-Highway Drive & Motion Systems. Headquartered in Indianapolis, Indiana, USA, the Company manufactures solutions which offer industry-leading value propositions across vital sectors such as infrastructure, mining, energy, agriculture, construction, transportation and national security. For over 110 years, Allison has been recognized as a reliable partner of choice, keeping essential industries moving anytime, in over 150 countries around the world. For more information, visit https://allisontransmission.com. 

Forward-Looking Statements

This press release contains forward-looking statements. The words "believe," "expect," "anticipate," "intend," "estimate" and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. You should not place undue reliance on these forward-looking statements. Although forward-looking statements reflect management's good faith beliefs, reliance should not be placed on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from anticipated future results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements speak only as of the date the statements are made. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise. These forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to: the significant costs we are expected to incur in connection with the integration of the Off-Highway Drive & Motion Systems business (the "Acquired Off-Highway Business") of Dana Incorporated ("Dana"); our ability to successfully integrate the Acquired Off-Highway Business and its operations in the expected time frame; our ability to realize all of the anticipated benefits from the integration of the Acquired Off-Highway Business and its operations and to effectively manage our expanded operations; our participation in markets that are competitive; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments, competitive threats and changing customer needs, including with respect to electric hybrid and fully electric commercial vehicles; increases in cost, disruption of supply or shortage of labor, freight, raw materials, energy or components used to manufacture or transport our products or those of our customers or suppliers, including as a result of geopolitical risks, natural disasters, extreme weather events, wars and public health crises such as pandemics; global economic volatility; general economic and industry conditions, including the risk of prolonged inflation and recession; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers or suppliers; the highly cyclical industries in which certain of our end users operate; uncertainty in the global regulatory and business environments in which we operate; the concentration of our net sales in our top five customers and the loss of any one of these; cybersecurity risks to our operational systems, security systems or infrastructure owned by us or our third-party vendors and suppliers; the failure of markets outside North America to increase adoption of fully automatic transmissions; the success of our research and development efforts, the outcome of which is uncertain; U.S. and foreign defense spending; risks associated with our international operations, including acts of war and increased trade protectionism and tariffs; the discovery of defects in our products, resulting in delays in new model launches, recall campaigns and/or increased warranty costs and reduction in future sales or damage to our brand and reputation; our ability to identify, consummate and effectively integrate acquisitions and collaborations; and risks related to our indebtedness.

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SOURCE Allison Transmission Holdings Inc.