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.
American Axle & Manufacturing Holdings has sold this business to Bharat Forge Limited, for a purchase price of $65 million.
Pune: Bharat Forge, India’s largest auto Components exporter, on Thursday said it was entering into a definitive agreement to ...
AAM is focusing its growth on combustion, hybrid and fully electric passenger vehicles, divesting its commercial axle ...
Kalyani emphasised that this move aligns with Bharat Forge's broader strategy to diversify its offerings in vehicle ...
Auto components major Bharat Forge Ltd has agreed to buy AAM India Manufacturing Corporation Pvt. Ltd, the local unit of ...
SEMA has appointed four individuals to key leadership roles as part of its ongoing strategy to enhance service to its members ...
Post this transaction, Bharat Forge will acquire the commercial vehicle axle business of AAM India in Pune and Chennai, along ...