Allison Reports Declines in 4Q Earnings, Sales

Indianapolis-based Allison Transmission Holdings Inc. is reporting net income of $182.3 million in 2015, down from $228.6 million the previous year. The company says lower demand in the global off-highway and defense end markets contributed to the decrease. Allison also reported fourth-quarter net income of $13 million, down from $50.5 million during the same period […]