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Lantley
Feb 20, 2019Nomad
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GM Sells Allison Transmission
Purchased by The Carlyle Group and Onex Corp.
Compiled By Adrienne Selko | Jun 28, 2007
General Motors Corp. announced on June 28 it will sell its Allison Transmission commercial and military business to The Carlyle Group and Onex Corp. for approximately $5.6 billion.
The sale includes seven manufacturing facilities in Indianapolis, Ind. and its worldwide distribution network and sales offices. The production facility in Baltimore, Md. which is dedicated to the production of conventional and hybrid 2MODE transmissions used in GM's retail pick-up trucks and SUVs will remain with GM
GM Sells Allison Transmission
Purchased by The Carlyle Group and Onex Corp.
Compiled By Adrienne Selko | Jun 28, 2007
General Motors Corp. announced on June 28 it will sell its Allison Transmission commercial and military business to The Carlyle Group and Onex Corp. for approximately $5.6 billion.
The sale includes seven manufacturing facilities in Indianapolis, Ind. and its worldwide distribution network and sales offices. The production facility in Baltimore, Md. which is dedicated to the production of conventional and hybrid 2MODE transmissions used in GM's retail pick-up trucks and SUVs will remain with GM
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