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Detroit's American Axle buys British driveline maker for $1.44 billion
GKN, a mainstay of British engineering ... The deal values Dowlais, maker of driveline systems and other automotive parts, at 85.2 pence per share ($1.06), a premium of nearly 25% to the stock's ...
Automakers hit the brakes on EVs for U.S. as Trump policies alter market, supplier boss says
The changes add pressure to Dowlais’ GKN Automotive unit, which is still reeling from last year’s slowdown in Europe’s EV ...
JEC1d
GKN Aerospace and partners successfully complete ASCEND programme, transforming high-rate composite manufacturing
The ASCEND programme, funded by a £20m (US$ 25.93m) commitment from industry and a £19.6m (US$ 25.41m) commitment from the UK ...
GKN Automotive owner hit by EV market volatility ahead of sale to US rival
The automotive engineering specialist reported its adjusted revenue dropped by 6.4 per cent at constant currency rates to £4.9billion last year.
Insider21d
Land deal helps pave way for urban logistics development at GKN Driveline factory
A land deal has been secured which helps pave the way for a 270,000 sq ft grade A urban logistics development on the GKN Driveline factory site in Erdington, Birmingham. Named Torque, the Chester Road ...
The Motley Fool UK7y
LSE:GKN (GKN)
GKN is a British engineering company specialising in manufacture and service of systems and components with aerospace and automotive applications ... revenue comes from Driveline, 35% from ...
Insider Media15d
“Challenging environment” hits results at Dowlais Group but proposed £1.16bn combination represents “a significant opportunity”
Revenues and profits have declined at Dowlais Group against a "challenging environment". The specialist engineering firm's proposed combination with an American giant - ...