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The driveline manufacturer is selling its commercial vehicle axle business in India, explaining it will focus on passenger ...

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.

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American Axle & Manufacturing Holdings has sold this business to Bharat Forge Limited, for a purchase price of $65 million.