Allison Transmission Raises $600 Million Via I.P.O.

An I.P.O for a physical product is a refreshing change from the Tech 2.0 bubble we’ve been subjected to lately. Allison Transmission, formerly of General Motors, just issued their first I.P.O, raising $600 million for the company. Allison is now valued at $4.2 billion.

Read more
Curbside Classic: GMC TDH-4523 Transit Bus

GM has built some great vehicles in its day, but nothing can top their buses. They literally owned the bus market from the forties through the seventies, but they earned that spot with superior technology and quality construction. One of the most brilliant and enduring examples of that is the “New Look” transit bus that came out in 1959, and revolutionized the field with advanced stress-skin aluminum construction and absolutely indestructible build quality. These buses are still on the road in transit duty fifty years after they first saw the light of day. A variation of this bus (the Classic) was still being produced by MCI until 1997. Given that this pictured bus was built about the same time as the 1978 Cadillac Eldorado in our last Curbside Classic, we have here a study in GM contrasts. Of course, even GM’s bus business eventually ended badly in its inimitable way.

Read more
  • Kwik_Shift Hyunkia'sis doing what they do best...subverting expectations of quality.
  • MaintenanceCosts People who don't use the parking brake when they walk away from the car deserve to have the car roll into a river.
  • 3-On-The-Tree I’m sure they are good vehicles but you can’t base that on who is buying them. Land Rovers, Bentley’ are bought by Robin Leaches’s “The Rich and Famous” but they have terrible reliability.
  • SCE to AUX The fix sounds like a bandaid. Kia's not going to address the defective shaft assemblies because it's hard and expensive - not cool.
  • Analoggrotto I am sick and tired of every little Hyundai Kia Genesis flaw being blown out of proportion. Why doesn't TTAC talk about the Tundra iForce Max problems, Toyota V35A engine problems or the Lexus 500H Hybrid problems? Here's why: education. Most of America is illiterate, as are the people who bash Hyundai Kia Genesis. Surveys conducted by credible sources have observed a high concentration of Hyundai Kia Genesis models at elite ivy league universities, you know those places where students earn degrees which earn more than $100K per year? Get with the program TTAC.