GM selling Allison Transmission for $5.6 billion - Instablogs

GM selling Allison Transmission for $5.6 billion - Instablogs

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GM selling Allison Transmission for $5.6 billion

Rahul Bhandari , Shimla: Jun 29 2007

Made Popular Jun 29 2007

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General Motors agreed to sell its Allison Transmission commercial and military truck business to the Carlyle Group and Onex for $5.6 billion. The Detroit based automaker is battling to revamp its auto business and is busy reconstructing its business...

Tags: General Motors, Allison Transmission, Carlyle Group, Onex

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