President Obama will visit Indianapolis, IN on Friday, rescheduling a trip to Allison Transmission, a global provider of commercial-duty automatic transmissions and hybrid-propulsion systems, that was delayed due to budget negotiations. The White House says that the President will tour Allison's facilities before speaking to workers about the importance of slashing oil imports, while also addressing the immediate need for a cleaner and more secure energy future.
Max and Al see eye-to-eye – Click above to watch the videos after the break
Future vehicles from Jaguar Land Rover could use a flywheel-based hybrid powertrain now that the automaker is reportedly working with British transmission specialist Torotrak, the same company that helped develop the KERS hybrid system that's currently being tested in Formula 1 racing. Most hybrid vehicles recapture energy that would normally be lost to braking by using the electric motor(s) as a generator, sending power back to the batteries. In Torotrak's system, the recaptured braking forces
GM revealed today that it's "considering strategic options" for one of its more well known subsidiaries, Allison Transmission, which produces automatic trannies for both commerical and military sale. In boardroom-speak, that means they want to sell it off. GM's turnaround has been aided so far by its strategy of selling non-essentials like the stakeS it held in both Subaru and Suzuki, so we're not particularly surprised to see a For Sale sign on Allison.