Guests had the unique opportunity to learn about Allison products through informative demonstrations and personal driving experiences.
Szentgotthárd, HUNGARY – Current and prospective customers joined representatives from the Municipality of Szentgotthárd, local businesses and key suppliers at the newly completed Allison Customer Experience (ACE) Center and Drive Track. On June 5, 2012, Allison management accompanied the distinguished guests to the 15-acre (6-hectare) campus, to take part in the opening ceremony.
Joel Andersson, Manager of Ragn-Sells’ 1,400 vehicle fleet from Sweden, was no stranger to Allison products. “I have always known that Allison transmissions are very high quality products,” he said. “After visiting the new factory and the ACE Center in Szentgotthárd, I understand why. I was very impressed.” His comments underscored the importance of visiting a facility of this caliber, which can be a meaningful part of the buying decision.
“Opening the ACE Center and Drive Track adjacent to our European transmission manufacturing facility gives guests an opportunity to meet our people and learn about Allison - our company, our products and technology - while personally experiencing the features of our fully automatic transmissions,” stated Lawrence Love, Allison Transmission’s Executive Director of International Marketing. “Szentgotthárd is a centralized location, where both on- and off-highway vehicles can now be driven and demonstrated, allowing customers from around the world to evaluate the benefits of an Allison automatic in varying conditions and right from the driver’s seat.”
“Allison Transmission is a global company, and through its investment, industry here is flourishing,” said Gábor Huszár, the Mayor of Szentgotthárd. “Every effort is made to provide the highest level of service, and we happily anticipate hosting new visitors from all over the world.”
Allison also operates a demonstration and drive center at its headquarters in the United States, where thousands have chosen to test drive a wide assortment of vehicles from an inventory that typically includes construction dump trucks, concrete mixers, distribution vehicles, heavy-haulers, fire trucks and buses.
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.