TCV features Allison transmissions in Turkish 12 meter bus segment

ISTANBUL, Turkey – TCV, Turkey's domestically-owned bus manufacturer, has selected the Allison T310R transmission for its new KARAT full low-floor, CNG-fuelled, 12-meter bus. The first 24 KARAT buses were delivered to Istanbul Buses Corporation and highlighted during an exclusive ceremony. Istanbul Metropolitan Municipality’s president, Mr. Kadir Topbaş, attended the event and reaffirmed Istanbul’s effort to meet stringent environmental standards. Allison Transmission is already known in the Turkish public transportation sector for midi bus applications, and this delivery signifies the company’s entrance into the full-size 12-meter bus market in Turkey. The Turkish designed TCV KARAT has aroused significant interest from local authorities and private bus fleets due to its environmental credentials. A 206 kW compressed natural gas (CNG) engine from MAN is combined with an Allison T310R fully automatic transmission. This powertrain is quiet and efficient. The Allison automatic perfectly complements the MAN gas engine, since it multiplies torque through the transmission while smoothly transferring power to the wheels and delivering excellent performance even at low engine speed. An Allison integral retarder provides additional braking, significantly improving vehicle service brake life.

“The KARAT by TCV combines a comfortable and safe travelling experience for the passengers with a durable, solid and reliable vehicle structure. With several powertrain configurations, we offer fleets a choice; this approach combined with good availability of affordable spare parts and simple maintenance requirements supports our focus on reduced fuel consumption and lower operational costs. A CNG engine option makes the KARAT an environmentally-friendly bus. By collaborating with Allison Transmission, we aim to meet the expectations of our customers in the best possible way” says Timuçin Bayraktar, General Manager at TCV. “Allison transmissions help to reduce maintenance costs and fuel consumption while delivering a safe and comfortable drive” continues Mr. Bayraktar.

“For several years, Allison transmissions have operated successfully in midi buses and coaches around the country. With this delivery, Allison now enters the 12 m city bus segment in Turkey. We are focused on providing the best combination of cost, quality, reliability, service and overall value to both municipalities and private bus operators” says Taner Gider, Country Manager for Allison Transmission in Turkey.

About Allison Transmission

Allison Transmission is the world’s largest manufacturer of fully-automatic transmissions for medium- and heavy-duty commercial vehicles, medium- and heavy-tactical U.S. military vehicles and hybrid-propulsion systems for transit buses. Allison transmissions are used in a variety of applications including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (primarily school and transit), motor homes, off-highway vehicles and equipment (primarily energy and mining) and military vehicles (wheeled and tracked). Founded in 1915, the Allison business is headquartered in Indianapolis, Indiana, U.S.A. and employs approximately 2,800 people. Allison has manufacturing facilities and customization centers located in China, The Netherlands, Brazil, India and Hungary, with a global presence, serving customers in North America, Europe, Asia, Australia, South America and Africa. Allison also has more than 1,500 independent distributor and dealer locations worldwide. More information about Allison is available at www.allisontransmission.com.

This press release may contain forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as "may," "will," "should," "expect," "plans," "project," "anticipate," "believe," "estimate," "predict," “intend,” “forecast,” “could,” "potential," "continue" or the negative of these terms or other similar terms or phrases. Forward-looking statements are not guarantees of future performance and involve known and unknown risks. Factors which may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made include, but are not limited to: risks related to our substantial indebtedness; our participation in markets that are competitive; general economic and industry conditions; our ability to prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs; the failure of markets outside North America to increase adoption of fully-automatic transmissions; 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; the concentration of our net sales in our top five customers and the loss of any one of these; risks associated with our international operations; brand and reputational risks; our intention to pay dividends; and labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers. Although we believe the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. All information is as of the date of this press release, and we undertake no obligation to update any forward-looking statement to conform the statement to actual results or changes in expectations.

Press Enquiries Deniz Uçar Allison Transmission Europe B.V. PRide Communications Marketing Communications Tel: +90 216 572 00 60 Baanhoek 188 Cell: +90 532 568 06 09 3361 GN Sliedrecht - Niederlande Contact: Deniz Uçar Contact: Miranda Jansen deniz.ucar@pride-pr.com miranda.jansen@allisontransmission.com

Apr 02, 2013

About Allison Transmission

Allison Transmission (NYSE: ALSN) is the world’s largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles and is a leader in hybrid-propulsion systems for city buses. Allison transmissions are used in a variety of applications including refuse, construction, fire, distribution, bus, motorhomes, defense and energy. Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA and employs approximately 2,600 people worldwide. With a market presence in more than 80 countries, Allison has regional headquarters in the Netherlands, China and Brazil with manufacturing facilities in the U.S., Hungary and India. Allison also has approximately 1,400 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.