Leading manufacturer of fully automatic transmissions will also display H9610 model, offer incentives for construction fleet investments.
INDIANAPOLIS – Allison Transmission Holdings Inc. (NYSE: ALSN) will participate in CONEXPO-CON/AGG, the leading showcase for new products and technologies in the construction industry, being held this week in Las Vegas (March 4-8). Allison, the world’s largest manufacturer of fully automatic transmissions for medium- and heavy-duty vehicles, will discuss the features and benefits of its latest electronic controls technology for on- and off-highway vehicles in Booth 85430, South Hall 4 of the Las Vegas Convention Center.“Allison’s CEC3 upgrade is all about maximizing productivity and cutting fuel costs by adapting the vehicles to actual working conditions,” said Chris Vargo, director of global off-highway marketing, sales and service for Allison Transmission. “And we are also making life easier for drivers – with a more convenient, time-saving oil level sensor, and of course, the control and handling of a fully automatic transmission.”
The new generation of Allison’s Commercial Electronic Controls (CEC3) features a remote oil sensor diagnostic that allows drivers to check oil levels from the cab, as well as two new pre-programmed shift schedules that provide owners with greater flexibility to optimize performance and fuel efficiency based on vehicle weight and terrain.
The CEC3 system is being integrated into select models by OEMs, and owners should see features being released in new vehicles throughout 2014. For on-highway construction models, Allison’s 5th Generation electronic controls are also designed to get the most from every drop of fuel: 5th Gen controls automatically adjust shift schedules, acceleration limits and engine load based on weight, grade and other factors, while reducing downtime with advanced diagnostic and prognostic displays.
“Our controls – CEC3 and 5th Gen – are designed to keep trucks working harder and smarter,” Vargo added.
While CEC3 represents Allison’s latest innovation aimed at off-highway mining and construction trucks, it will not dominate the company’s exhibition. That honor will undoubtedly belong to the H9610 model, on display to the public for the first time. The 4,000lb (1814kg) automatic transmission is used in 100-ton mining trucks. Booth visitors will have an up-close look at the Allison transmission that allows superior performance from these behemoth earth-movers.
“At Allison, we are proud to manufacture superior transmissions for nearly every possible vocation, from hybrid buses carrying urban commuters, to construction trucks hauling tons of dirt and overburden,” said Vargo. “The H9610 demonstrates our continued commitment to the mining and construction industry – to engineering performance for heavy-duty trucks that work in some of the toughest conditions imaginable.”
Trucks with Allison automatic transmissions will also be exhibited by Mack, Navistar, Hitachi Construction, Kenworth and others.
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.