Subscribe
Suppliers

American Axle says Dowlais takeover on track despite industry volatility

American Axle
American Axle said its deal to acquire Dowlais Group is moving forward. (AMERICAN AXLE)
KN
By:
Kurt Nagl, Crains Detroit Business
Last Updated
May 03, 2025 11:26 AM

American Axle & Manufacturing Holdings Inc. said its $1.44 billion acquisition of Dowlais Group is moving forward even as tariffs and market volatility weigh on the automotive industry.

Featured Stories

Stellantis
New Stellantis CEO Antonio Filosa faces series of hurdles

Filosa’s ability to honestly assess where Stellantis has erred in recent years could prove vital as he works to repair relationships with dealers, suppliers and employees.

VB
By:
Vince Bond Jr.
New Stellantis CEO Antonio Filosa faces series of hurdles
Manufacturing
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
BN
By:
Bloomberg News
Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
China
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
RN
By:
Reuters News
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
Finance Insurance
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact
JH
By:
John Huetter
FTC seeks to drop one count against Asbury after Trump executive order on disparate impact

Latest News

Trump to double steel tariffs to 50% to aid Nippon-U.S. Steel deal
Automakers warn shortage of rare-earth magnets from China threatens U.S. light-vehicle output
Live updates on tariffs: Court rulings sow tariff confusion
Daily 5 report for May 30: A look at some Ford family dynamics
Staying current is easy with newsletters delivered straight to your inbox.

See More in Suppliers

Congress Conversations: Live talk on evolving tariff policy and auto supply chains, noon EDT June 3
Automakers must switch to SDVs to survive, WirelessCar CEO Niklas Floren says
Marelli chases ‘China Speed’ with plan to slash 3-year product cycle to one
Daily 5 report for May 27: Lessons learned from KKR’s merger of two troubled auto suppliers
Staying current is easy with newsletters delivered straight to your inbox.