Alison Transmission Conducts Free Inspection Service for Seoul Metropolitan Fire & Disaster Headquarters

Allison Transmission inspects 170 fire vehicles at 25 Seoul Fire Department fire stations.

SEOUL, October 7, 2022 — 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, announced today that it recently conducted a free inspection of 170 fire vehicles equipped with fully automatic transmissions operated by 25 Seoul Fire Department fire stations.

"Considering firefighters’ duty of arriving at the scene of accidents on time, securing excellent mobility is critical," said Ki-baek Kwon, Head of the Equipment Maintenance Team at Seoul Metropolitan Fire & Disaster Headquarters. "We deeply appreciate Allison Transmission’s free inspection service to help our firefighting truck drivers focus on driving, preventing accidents and dispatching the necessary support to the scene on time."

Professional mechanics from Allison visited 25 fire stations in Seoul to check the performance, maintenance status and Allison Approved transmission fluid levels of fire vehicles operated by each fire station. In addition, Allison educated the maintenance workers at each fire station on how to maintain fully automatic transmissions in the summer season.

Since 2003, Allison has been providing fully automatic transmissions to various types of firefighting vehicles, including medium-sized pumps, large pumps, ladder trucks and rescue vehicles in Korea. For fire trucks, speed, safety and performance are critically important. Allison fully automatic transmissions are engineered to deliver superior acceleration for fast response times and better maneuverability on crowded city streets. Depending on the engine and model of the firefighting vehicle, fire trucks adopt Allison Automatics including its 1000, 2500, 3000, 3200 and 4500 models.

"Alison is proud to operate training programs for mechanics and drivers in support of the National Fire Agency," said Kyoungmee Lee, Regional Director of Allison Transmission. "We hope the inspection service will improve the durability and reliability of each fire station."

Emergency vehicles like fire trucks and ambulances are among the vehicles that must quickly arrive at scenes that frequently involve matters of life and death. Allison has spent decades designing and building fully automatic transmissions that perform at their best in critical situations. Allison Continuous Power Technology™ also enables firefighting vehicles to arrive quickly for rescue. This technology helps maximize the fuel efficiency of fire trucks. In particular, the torque converter technology increases engine torque to improve starting performance and has excellent acceleration responsiveness and productivity. The seamless and simultaneous operations between moving and firefighting are another reason Allison transmissions are preferred for emergency vehicles.

Through this, the fire engine can be dispatched to the scene of the accident in the shortest time without wasting any additional time for shifting gears. In addition, Allison fully automatic transmissions are equipped with inching controls to help fire trucks quickly access the site without power loss. Unlike manual and automated manual transmissions, the fully automatic transmission will deliver unparalleled performance in high pressure duty cycles in fire and emergency situations.

10 Oct, 2022

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.