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Detroit Axle, a large aftermarket auto parts dealer based in Ferndale, says it may go out of business within weeks unless it gets certain tariff relief on the goods it imports from China.
Detroit Axle, a large aftermarket auto parts dealer based in Ferndale, says it may go out of business within weeks unless it gets certain tariff relief on the goods it imports from China.
The chief executive of Detroit Axle, which sells car parts that are mostly imported from China, is adjusting his business and hoping for a new trade deal.
According to the report, the e-axle market was valued at $15 billion in 2023, and is estimated to reach $172.8 billion by 2033, growing at a CAGR of 28.2% from 2024 to 2033.
The Detroit Lions' front office and scouting department lost a key figure. On Friday, reports surfaced that Notre Dame is set to hire the Lions' Director of Scouting Advancement Mike Martin as its ...
The UAW reported Saturday that the 400 workers at the Daimler Truck Detroit Axle plant had voted to ratify a new agreement while releasing scant details of the contract.
The British firm that American Axle is acquiring was listed on the London exchange in 2023 and has lost 40% of its stock value since.
Complete with a 48-volt mild hybrid system, a powerful straight-six engine, and all-wheel drive, the E 450 is a refined luxury sedan with all the right moves.
Detroit Axle is part of Daimler Truck. Workers, who are represented by the UAW, say they make about $10 less an hour than others at the same plant.
For instance, you may see references to the brake setup on the front axle of a rear-wheel-drive car even though there is no actual axle between the front wheels.
Renesas Electronics, in collaboration with Nidec, has announced the development of the world's first “8-in-1” PoC for EV E-Axle systems.
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