Allison Transmission Surges on GM's Heavy-Duty Truck Boost
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Allison Transmissions stock surged 3.7% following General Motors announcement of increased heavy-duty truck production, adding a sixth workday at its Flint Assembly plant. This boosts demand for Allisons transmissions, despite rising gas prices. The companys Q4 revenue slightly missed estimates but full-year 2026 revenue guidance beat expectations. Allisons stock has gained 18% YTD, nearing its 52-week high, offering significant growth potential.
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