American Axle sells assets in India to Bharat Forge
AAM is focusing its growth on combustion, hybrid and fully electric passenger vehicles, divesting its commercial axle business in India.
American Axle to Sell Commercial Vehicle Axle Business in India for $65M
American Axle & Manufacturing Holdings Inc. in Detroit announced today it intends to sell its commercial vehicle axle business and related assets in India to Bharat Forge Ltd. (BFL) for $65 million.
Bharat Forge to acquire AAM India for Rs 545 crore
Pune: Bharat Forge, India’s largest auto Components exporter, on Thursday said it was entering into a definitive agreement to acquire AAM India Manufacturing Corporation for Rs 544.53
Bharat Forge to acquire axle maker AAM India for Rs 544.5 crore
Kalyani emphasised that this move aligns with Bharat Forge's broader strategy to diversify its offerings in vehicle components and enter a new product segment
Bharat Forge to acquire AAM India Manufacturing Corporation for ₹544 crore
Post this transaction, Bharat Forge will acquire the commercial vehicle axle business of AAM India in Pune and Chennai, along with the Pune Engineering and Development Center.
American Axle To Sell AAM India Manufacturing To Bharat Forge For $65 Mln
Thursday announced a definitive agreement to sell its AAM India Manufacturing Corp. Pvt., Ltd., the commercial vehicle axle business and related assets in India to Bharat Forge Ltd. for $65 million. The global Tier 1 automotive and mobility supplier said the sale includes AAM's manufacturing facilities in Pune and Chennai,
Bharat Forge To Acquire AAM India Manufacturing Corporation
Bharat Forge Limited said it plans to acquire AAM India Manufacturing Corporation Private Limited (AAMIMCPL), a key player in the manufacturing of axles for commercial vehicles in India. What Happened: Bharat Forge Limited on Thursday signed a share purchase agreement (SPA) to acquire 100% shareholding in AAMIMCPL.
Automotive Industry Veteran David C. Dauch Joins REV Group’s Board of Directors
REV Group, Inc. (NYSE: REVG), a leading designer and manufacturer of specialty vehicles, announces that David C. Dauch has ...
After Market News4h
AAM Announces Sale of Commercial Vehicle Axle Business in India
American Axle & Manufacturing Holdings has sold this business to Bharat Forge Limited, for a purchase price of $65 million.
Barclays Keeps Their Hold Rating on American Axle (AXL)
In a report released today, Dan Levy from Barclays maintained a Hold rating on American Axle (AXL – Research Report), with a price target ...
Logistics Giants Face These Hurdles in Switching to Electric Fleets
"Our ability to build complete vehicles differentiates us from our competitors and enables us to quickly fulfill orders," ...
After Market News3d
REV Group Taps Dauch for Board of Directors
David Dauch serves as chairman of the board & CEO of American Axle & Manufacturing Holdings, Inc. (AAM). REV Group, Inc., ...
Miami University24d
Multimillion-dollar gift names Farmer School of Business student advising center
A multimillion-dollar gift from David Dauch '86 and his wife Anita will transform the Farmer School’s student advising office into the Dauch Academic Advising Center. Jenny Darroch, dean of the ...
Publishers Weekly1y
Books by Richard Dauch and Complete Book Reviews
Premium online access is only available to PW subscribers. If you have an active subscription and need to set up or change your password, please click here. New to PW? To set up immediate access ...