Allison Transmission Partners with Volare to Introduce South America’s First School Buses Equipped with Fully Automatic Transmissions
-
Central + South America
-
Featured News
-
News
-
School Bus
INDIANAPOLIS, February 7, 2024 – In partnership with Volare, Brazil's leading minibus manufacturer, Allison Transmission will equip South America's first school buses with fully automatic transmissions. Brazil’s National Fund for Educational Development (FNDE), a federal agency connected to the Ministry of Education, recently announced grants to finance 320 new buses equipped with Allison Torqmatic™ Series transmissions as part of its School Path Program, which aims to provide public school students with access to safer and more reliable transportation. Allison’s entry into the Brazilian school bus market is representative of the strong growth Allison is experiencing outside of North America as a result of our strategic growth initiatives.
“The introduction of Allison’s fully automatic transmissions in school buses in Brazil will be revolutionary in the progress of school transportation. This collaboration allows us to provide schools with efficient and reliable buses improving the well-being of students and drivers," said Sidnei Vargas da Silva, Volare’s Domestic Market Business Manager.
The Volare buses, available in 4x2 and 4x4 versions, will be equipped with Allison T2100 xFE® transmissions. The fully automatic models are easier to operate on roads with mud, gravel or sand, which is particularly common in the rural areas of northern and northeastern Brazil, where many of the Allison-equipped buses will operate. By eliminating the need for manual gear changes, drivers can maintain focus on the road ahead.
“Allison’s partnership with Volare demonstrates our commitment to addressing the needs of the Brazilian market,” said Heidi Schutte, Vice President of EMEA, APAC and South America Sales, Allison Transmission. “It showcases our adaptability and dedication to providing customers efficient and reliable propulsion solutions and our commitment to being a trusted partner in South America.”
For more information on Allison’s proven performance in school buses, please visit allisontransmission.com.
07 Feb, 2024
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 approximately 1,600 independent distributor and dealer locations worldwide. For more information, visit allisontransmission.com.
Legal
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.