American Axle's latest acquisition highlights its long rise from near death
American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, ...
Why American Axle's $1.44B bid for British rival aims to navigate uncertain future
The Detroit-based drivetrain components supplier's acquisition of Dowlais Group plc will offer more production scale, help lower costs.
Detroit's American Axle buys British driveline maker for $1.44 billion
The British firm that American Axle is acquiring was listed on the London exchange in 2023 and has lost 40% of its stock value since.
American Axle to buy GKN automotive owner Dowlais in $1.4 billion deal
By Yadarisa Shabong (Reuters) -Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the London-listed firm at about 1.16 billion pounds ...
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These industries would be hit hardest by Trump's 25 per cent tariffs
U.S. President Donald Trump could be just days away from hitting Canada with punishing tariffs. Here's a look at the ...