GM sells Allison Trans!

[Jeff Knight]

It was in the finanical section of Yahoo. They sold it for $5. 6B

 

[JacobsD]

I heard about that a while ago in one of those Light and Medium Duity truck magazines.



Within the past couple years, GM has sold Electro Motive, Detroit Diesel (to D/C), and now Allison, and has discontinued Oldsmobiles.



Kinda makes you wonder whats next... .

 

[rbattelle]

I also learned today that in 2006 Toyota actually did outsell GM, making them already the world's number 1 automaker.

GM is just downsizing a bit. Trimming the fat.

Ryan