Allison experiences significant growth
alongside South Korea's
top-selling light-duty truck.
INDIANAPOLIS, July 16,
2024 /PRNewswire/ -- Allison Transmission today
announced that more than 10,000 Allison-equipped Hyundai Mighty
vehicles have been sold in the last 4 years since its 2020
integration. Half of all Hyundai Mightys sold today are equipped
with Allison fully automatic transmissions, up from 10% versus four
years ago. The 10,000th Mighty truck with an Allison fully
automatic transmission was delivered to Unchang Logitec, a leading
Korean logistics company servicing South
Korea's largest laundry service provider.
"Visiting university hospitals to pick up and return laundry
involves a lot of highway traffic jams and city driving," said
Kim Dae-sung, Director, Unchang
Logitec. "Automatic vehicles are very comfortable to drive, even
when the vehicle is stuck in traffic jams with repetitive
stop-and-go traffic. We are very satisfied with the
Allison-equipped Mighty automatic truck because it is easy to
drive, fuel efficient, productive and durable."
Hyundai Mighty is a 2.5- and 3.5-ton light-duty truck, which has
unrivaled market share in South
Korea. Mighty automatic trucks have been on the rise in
recent years, meeting market demand for driving comfort, fuel
economy, reliability, serviceability and productivity. Allison has
delivered more than 10,000 units of the Allison 1000 xFE™ fully
automatic transmissions for the Hyundai Mighty since its launch in
2020. Mighty automatic trucks are used in a variety of
applications, including pickup and delivery trucks, cargo trucks,
refuse vehicles, firefighting trucks and specialty vehicles.
"We are thrilled to see the tremendous success of
Allison-equipped Hyundai Mighty vehicles. The rise in popularity of
fully automatic transmissions in Asia is a testament to the exceptional driving
experience and unmatched performance that our transmissions offer,"
said Heidi Schutte, Allison
Transmission Vice President EMEA, APAC & South America Sales.
"Allison's commitment to driving comfort, fuel efficiency,
reliability, and productivity has resonated with customers, and we
are proud to be at the forefront of this transformative shift in
the industry."
The Allison 1000 xFE™ offers improved launch performance,
increased productivity, smoother shifting, easier operation and
enhanced driver comfort, as compared to competitive manual and
automated manual transmissions (AMTs). The Allison 1000 xFE fully
automatic transmission utilizes a patented torque converter, which
offers superior performance and eliminates clutch replacements.
This results in increased economic value due to productivity and
reduced downtime versus traditional manual and AMTs.
To learn more about how Allison xFE delivers more value through
Extra Fuel Economy, visit allisontransmission.com.
About Allison Transmission
Allison Transmission (NYSE:
ALSN) is a leading designer and manufacturer of propulsion
solutions for commercial and defense vehicles and the largest
global manufacturer of medium- and heavy-duty fully automatic
transmissions 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.
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SOURCE Allison Transmission Holdings Inc.