Allison Transmission announces xFE models with technology to further increase fuel economy for buses
INDIANAPOLIS – April 30, 2015 – Allison Transmission Holdings Inc. (NYSE: ALSN) today announced a new series of bus models that incorporate the latest advances in fuel economy technology. Referred to as xFE, designating extra fuel economy, the fully automatic bus transmissions have demonstrated improvements up to 7 percent in addition to the company’s FuelSense® features.
“Other than our hybrid products, these new xFE models represent the very best fuel economy technology we offer,” said Lawrence Love, executive director of global marketing for Allison Transmission. “Our goal with the new xFE portfolio is to achieve the best fuel economy from an automatic transmission in a bus.”
Models with xFE are new transmissions with the same space claim and ratings as current models, but incorporate optimized gear ratios coupled with the FuelSense® Max package. They have been designed to enable 1st range lock up, deliver significantly more lock up operation and operate at lower engine speeds in higher ranges to further improve fuel economy.
“The new gear ratios work to achieve enhanced fuel economy in start-stop dense, low average speed duty cycles,” said Love. “Transit and city buses are the ideal candidates for this technology and that’s why we’re launching in those applications.”
While individual fleet results will depend heavily on the duty cycle, testing at customer fleets on four continents and in cities ranging from St. Louis to Seoul and Beijing to Rio de Janeiro, the xFE units have delivered fuel economy improvements of up to 7 percent when compared to baseline models. These improvements resulted from the new gear ratios and were independent of FuelSense features. Notably, the xFE models are also compatible with alternative fuel engines.
The new bus model for North America is designated as the B3400 xFE™. Production began this month in Indianapolis. Outside of North America, Allison will offer three new xFE models: the T3280 xFE™, T3325 xFE™ and T3375 xFE™. Production of those models will begin in the first quarter of 2016 in Hungary.
19 May, 2015
Allison Transmission (NYSE: ALSN) is a leading designer and manufacturer of vehicle propulsion solutions for commercial and defense vehicles, the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, and a leader in electrified propulsion systems that Improve the Way the World Works. Allison products are used in a wide variety of applications, including on-highway trucks (distribution, refuse, construction, fire and emergency), buses (school, transit and coach), motorhomes, off-highway vehicles and equipment (energy, mining and construction applications) and defense vehicles (tactical wheeled and tracked). Founded in 1915, the company is headquartered in Indianapolis, Indiana, USA. With a presence in more than 150 countries, Allison has regional headquarters in the Netherlands, China and Brazil, manufacturing facilities in the USA, Hungary and India, as well as global engineering resources, including electrification engineering centers in Indianapolis, Indiana, Auburn Hills, Michigan and London in the United Kingdom. Allison also has more than 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.