HÄRRYDA, Sweden – June 2016 – After purchasing its first Allison-equipped truck just six months ago, haulage contractor Flygfrakt has already bought an additional three vehicles with fully automatic Allison transmissions.
Flygfrakt is located near the second biggest airport in Sweden, but only 50 percent of the goods they deliver are air cargo. The rest can be anything that can be transported, picked up or delivered to addressees in southern Sweden. Flygfrakt initially purchased an Allison-equipped truck, a Volvo FL, after their representatives visited Allison’s manufacturing facility and Allison Customer Experience center in Hungary.
"The factory visit inspired confidence, but for me personally, the test drive was even more impressive," said Jimmy Edvardsson, operating manager and co-owner of Flygfrakt. "It was my first time to test drive an Allison-equipped truck, and I immediately realized it could apply to our distribution trucks that drive shorter distances in cities with many start-stops.”
Ten of Flygfrakt's fleet of 70 vehicles are used in local city traffic with many start-stops. After visiting Allison, Edvardsson spoke with Borås Bil lastvagnar, their local Volvo dealer, who has extensive experience with Allison-equipped trucks and the demands of a distribution business. Thus far, four of Flygfrakt's 10 trucks have been replaced by new Volvo FL trucks with Allison 3000 Series™ transmissions.
"It's very important that our trucks now can easily follow the traffic flow and accelerate after red light stops just as fast as the rest of the traffic,” said Edvardsson. “Good warranty coverage and low maintenance costs are other important benefits with the Allison Automatics. The drivers are very happy with the trucks and appreciate the smooth acceleration without power losses during gear shifts."
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.
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.