BigAl
02-13-2003, 10:34
GM combines Allison Transmission, Powertrain
Associated Press
February 13, 2003
DETROIT -- General Motors Corp. said Wednesday that it has combined its Allison Transmission and GM Powertrain divisions, effective immediately.
The move is an internal reporting structure change that should not have any impact on employees in their day-to-day jobs, GM Chairman John F. Smith Jr. said in a statement.
There also will be no impact on Allison customers, distributors, dealers or suppliers, and the Allison name and brand will continue, the statement said.
Lawrence E. Dewey will continue as president of Allison. He will report to Thomas G. Stephens, group vice president of GM Powertrain.
"Allison Transmission has a long and proud history going back to 1915 when James A. Allison founded the Indianapolis Speedway Team Company -- the forerunner of today's Allison Transmission," Smith said. "Over the years, Allison has grown to become the world leader in the design, manufacture and sales of automatic transmissions for trucks, buses, off-road and military vehicles.
"Aligning Allison with GM Powertrain ... will enhance GM's performance and competitiveness."
Associated Press
February 13, 2003
DETROIT -- General Motors Corp. said Wednesday that it has combined its Allison Transmission and GM Powertrain divisions, effective immediately.
The move is an internal reporting structure change that should not have any impact on employees in their day-to-day jobs, GM Chairman John F. Smith Jr. said in a statement.
There also will be no impact on Allison customers, distributors, dealers or suppliers, and the Allison name and brand will continue, the statement said.
Lawrence E. Dewey will continue as president of Allison. He will report to Thomas G. Stephens, group vice president of GM Powertrain.
"Allison Transmission has a long and proud history going back to 1915 when James A. Allison founded the Indianapolis Speedway Team Company -- the forerunner of today's Allison Transmission," Smith said. "Over the years, Allison has grown to become the world leader in the design, manufacture and sales of automatic transmissions for trucks, buses, off-road and military vehicles.
"Aligning Allison with GM Powertrain ... will enhance GM's performance and competitiveness."