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General Motors gets $5.6 billion for Allison Transmission; shares trade at 2-year hig

932 Views 3 Replies 4 Participants Last post by  fbodygrad
General Motors Corp. today said it will sell its Allison Transmission unit for $5.6 billion.

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Kinda sad to see GM sell Allison, but ****, it brought a nice wad of cash!!
they sold it but they get to keep using them right?? and nice to see they got a boost..

allisons are the best transmissions ever made............. sad to see them leave gms hand
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