American Axle & Manufacturing Acquires UK's Dowlais in £1.2bn Deal
#AutomotiveIndustry #USUKMergersAmerican Axle & Manufacturing acquires UK car parts firm Dowlais for £1.2bn, part of GKN Automotive. The deal aims to navigate the electric vehicle shift. UK market faces US takeover trend as UK-listed companies exit, with Dowlais processing 90% of world car manufacturers. read more
Jaguar's Electric Makeover: An Ambitious Shift Towards the Future
#JaguarLandRover #AutomotiveIndustryJaguar's new all-electric concept faces criticism from right-wing media for a rebranding effort perceived as "woke." Experts note the risk in forcing loyal buyers to change habits, potentially alienating them. With declining sales, Jaguar aims for a youthful appeal, sparking polarized reactions. read more