The Detroit-based drivetrain components supplier's acquisition of Dowlais Group plc will offer more production scale, help lower costs.
Karl Zimmermann, chairman of the Detroit Auto Show, said this year’s show returned its focus to the Detroit community.
American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, continues its growth.
His efforts to “repel the disastrous invasion of our country” by migrants and drugs from Mexico and Canada may soon include stemming the passage of cars. A promise to impose sweeping tariffs on “day one”,
Read our region-by-region breakdown of the Trump administration’s tariff proposals and timelines that could affect your next car purchase.
The Detroit carmaker is creating a domestic supply base to make EVs cheaper and profitable aided by Kurt Kelty, who landed Tesla’s top battery supplier in its early days.
British car parts maker Dowlais has agreed to a £1.2bn US takeover to cope with the industry switch to electric vehicles (EVs). FTSE 250 group Dowlais, part of GKN’s former automotive arm, has been snapped up by American Axle & Manufacturing for £1.
China’s SAIC expects its full-year profit to come in at between RMB 1.5 and RMB 1.9 billion in 2024, representing a plunge of between 87% and 90%, due to
One in four trade-ins associated with a new car or truck purchase in the fourth quarter last year was 'upside down,' according to Edmunds.
You can fail in any industry, but failing in the automotive industry is uniquely expensive. Here's how Scout pulled out the win.
Porsche and Audi are reportedly considering U.S. production if the Trump administration follows through on its proposed tariffs on vehicles imported from Europe and Mexico.
With recent geopolitical changes impacting the future of electrification, we highlight the innovation & progress happening at existing EV factories