ISTANBUL, Turkey – As part of Allison Transmission’s effort to further expand its position in the Turkish Public Transport market, Allison hosted 15 representatives from Anadolu Isuzu, TCV, Otokar, FSM Demirbas and private bus fleets at its ACE Center in Szentgotthárd, Hungary. Attendees were able to visit the Allison European manufacturing site and learn about production and assembly processes and the company’s history and values. Visitors were also able to get first-hand experience with a variety of Allison-equipped vehicles at the facility’s Drive Track. Among the demonstration vehicles were Temsa MD9LE and 12-meter Kravtex buses equipped with Allison T280R fully-automatic transmissions and trucks from Scania, Renault, Iveco and Mercedes.
“We have always known that Allison transmissions are very high-quality products. However, visiting the manufacturing facility and ACE Center in Szentgotthárd has become a unique experience for us. It was really very beneficial, and getting to know Allison so closely has become a great advantage for us,” said Istanbul Transit Bus Operators Association's (İSTOD) President Zakir Uzun, who test drove Allison-equipped vehicles during the visit.
Allison Transmission’s Hungary Manufacturing Facility produces Allison transmissions for bus and truck OEMs throughout Europe, as well as other markets. A wide variety of demo vehicles, incorporating varied brands and applications, including city buses and construction and distribution trucks can be tested at the Allison Customer Experience (ACE) Center and Demonstration and Drive Track, adjacent to the manufacturing facility.
“At the ACE Center in Hungary, our guests learn about Allison's manufacturing processes, history, products and technology. We can spend time together addressing questions and providing them the opportunity to directly experience the value of an Allison fully-automatic transmission from behind the steering wheel of different vehicles in various driving conditions,” said Taner Gider, Allison Transmission Country Manager for 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 approximately 1,400 independent distributor and dealer locations worldwide. More information about Allison is available at www.allisontransmission.com.
This press release contains forward-looking statements. All statements other than statements of historical fact contained in this press release are forward-looking statements, including all statements regarding future financial results. 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; uncertainty in the global regulatory and business environments in which we operate; our participation in markets that are competitive; the highly cyclical industries in which certain of our end users operate; the failure of markets outside North America to increase adoption of fully-automatic transmissions; the concentration of our net sales in our top five customers and the loss of any one of these; future reductions or changes in government subsidies for hybrid vehicles and other external factors impacting demand; U.S. defense spending; general economic and industry conditions; 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 prepare for, respond to and successfully achieve our objectives relating to technological and market developments and changing customer needs; risks associated with our international operations; labor strikes, work stoppages or similar labor disputes, which could significantly disrupt our operations or those of our principal customers; our intention to pay dividends and repurchase shares of our common stock; and other risks and uncertainties associated with our business described in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. 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.
SOURCE Allison Transmission Holdings Inc.