Indianapolis-based Allison Transmission Holdings Inc. is planning to acquire the off-highway business unit of Ohio-based Dana Inc. in a deal valued at $2.7 billion. Allison said the acquisition ...

Allison Transmission Holdings said it agreed to buy Dana’s Off-Highway unit for about $2.7 billion. Allison said the deal is expected to immediately add to diluted earnings per share, and ...

June 23, 2025 — 12:00 pm EDT Written by Zacks Equity Research for Zacks -> Allison Transmission (ALSN) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy).

Dana's strategic sale and Allison's acquisition streamline operations, reduce debt, and diversify revenue, while positioning for growth amid industry headwinds. See more.

INDIANAPOLIS, May 7, 2025 /PRNewswire/ -- Allison Transmission Holdings Inc. (NYSE: ALSN) today announced that its Board of Directors has declared a cash dividend of $0.27 per share on the Company ...

In other recent news, Allison Transmission reported its Q1 2025 earnings, revealing an earnings per share (EPS) of $2.23, which exceeded analyst expectations of $2.10.

Allison Transmission is acquiring the off-highway business of Dana Inc. for $2.7 billion, the drivetrain specialist announced on June 11.

Allison will host a conference call Thursday to discuss the transaction with analysts and investors. This report is based on a press release statement from Allison Transmission. In other recent news, ...

(Reuters) -Dana will sell its off-highway business to Allison Transmission for $2.7 billion, the auto parts makers said on Wednesday. Shares of the Maumee, Ohio-based Dana rose 7% after the bell.

Matching the Honda Civic for top speed is one of Kia's latest entries to the lineup and one of its direct competitors, the compact K4 sedan. Introduced onto the market in 2024 as the replacement ...

Allison Transmission (ALSN) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces ...

The latest mind-boggling Koenigsegg invention is the 9-speed Light Speed Transmission, or LST, which debuted exclusively for the Jesko Attack and Jesko Absolut.