16th May 2025 09:22
Dowlais Group PLC - London-based automotive engineering - American Axle & Manufacturing Holdings Inc says integration planning for its acquisition of Dowlais has "continued at pace" in recent weeks. The two industry peers still believe the "strategic rationale for the combination remains compelling", AAM says. Referring to the recent US trade tariff announcements, Detroit, Michigan-based AAM says: "Recent global events have further highlighted the attractiveness of the combination, which will create a stronger business that is resilient across customers, geographies and products, resulting in the combined group being better positioned to navigate and succeed in an increasingly dynamic automotive industry and macroeconomic environment." Read More
