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 ($1.44 billion), the ...
(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 ($1.44 billion), ...
Engineering group Dowlais has seen revenues drop by 6.4%, after high volatility in the battery electric vehicle (BEV) market.
GKN Automotive owner Dowlais Group's sales ... To this effect, Dowlais recently agreed to merge with Detroit-based American Axle and Manufacturing in a £1.2billion deal just two years after ...
Finally the axle motor drives through a two-speed transmission to deliver industry leading efficiency, according to GKN. Car makers have sought help from GKN in development as they can achieve the ...
American Axle (NYSE:AXL) & Manufacturing (AXL) reported its fourth-quarter 2024 earnings, revealing a narrower-than-expected loss and a notable surge in stock price. The company posted an adjusted ...