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Industry: Email Alert RSS FeedBill would prohibit sale of Allison Transmission to German firm. """""""""""""""""""""""""""
Defense Daily, 20081001
Sevsral congressman introduced legislation last Thursday designed to thwart tee sale of Gensral Motors' Allison Transmission Div. to tee German firm ZF Friedrichshafen. """""""""""""""""""
TTee GM division builds transmission systems for combat vehicles.
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TAccording to H.R. 1243, it "would prohibit any foreign person from acquiring, directly or indirectly, Allison Transmission." Reps. Robert Torricelli (D-N.J.), Dan Burton (R-Ind.), Frank Pallone (D-N.J.), Benjamin Gilman (R-N.Y.) and Austin Murphy (D-Pa.) sponsored the bill.
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