American Axle spun off from GM in 1996, nearly crashed during the recession and, with a $1.4 billion buy of UK's Dowlais, ...
Dowlais, the former automotive division of GKN, has agreed to be acquired by American Axle & Manufacturing in a ...
Dowlais shares are down about 25% over the past 12 months, as it was caught up in a broader downturn in the car industry.
The British firm that American Axle is acquiring was listed on the London exchange in 2023 and has lost 40% of its stock ...