Detroit-based American Axle and Manufacturing will buy GKN Automotive owner Dowlais in a cash-and-stock deal, valuing the London-listed firm at about 1.16 billion pounds ($1.44 billion), the ...

REDFORD, Mich. (CBS DETROIT) - The United Auto Workers members at Detroit Axle have ratified a contract with Daimler Truck of North America, the union reported. The vote took place Saturday ...