La Plata Bus Fleet Adds Experience with Allison T270R Transmission

BUENOS AIRES, Argentina, September 2021 - Allison Transmission, a leading designer and manufacturer of conventional and electrified vehicle propulsion solutions and the largest global manufacturer of medium- and heavy-duty fully automatic transmissions for commercial and defense vehicles, makes up more than 40% of Unión Platense bus fleet in La Plata.

Unión Platense is a transport company founded in 1938 that works in 10 urban, interurban and long-distance bus line areas connecting several destinations such as La Plata, Berisso, Ensenada, Magdalena, Ranelagh, Berazategui, Brandsen, San Miguel del Monte, Las Flores, Ranchos, Gral. Belgrano, Azul, Olavarría and Gral. La Madrid.

Union Platense owns a fleet of around 420 units, and more than 40% are equipped with Allison T270R transmissions.

“Driver comfort is essential since the driver is responsible for passengers’ safety and comfort. In fact, automatic transmissions are the best option to reduce a driver’s stress so they can be more focused on driving. Vehicles with Allison transmissions work very well for our urban bus operations, with reduced wear and low maintenance cost, which are essential for our company," said Fernando Assad, fleet manager.

Allison Automatics are unique because the patented torque converter is designed for reduced wear, requiring only periodic fluid and filter changes to ensure outstanding performance. Allison Transmissions are easy to service, getting vehicles back on the road as soon as possible.

The Allison T270 with hydraulic retarder allows for extended brake life, reaching over 100.000km before changing brake pads, reducing downtimes for maintenance and improving company profits.

“Another advantage of the automatics is the elimination of bus downtime for frequent clutch replacements, which also contributes to the increase in the productivity of the fleet,” said Assad.

29 Sep, 2021

Back

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.