Allison Transmission Reports Dip in 3Q Income

Indianapolis-based Allison Transmission Holdings Inc. is reporting third-quarter net income of $44.6 million, down from $46.5 million during the same period last year. The company says net sales were also down 12%, driven by lower demand in the North American on-highway and off-highway markets. Chief Executive Officer Lawrence Dewey noted that the company’s third-quarter results were within […]