US: AAM takes over Indian axle JV
American Axle & Manufacturing (AAM) has assumed full ownership of the AAM Sona Axle joint venture (AAM Sona Axle) in Pantnagar, India. AAM Sona Axle, previously a joint venture between AAM and Sona Koyo to manufacture and sell light truck, passenger car and SUV axle assemblies for India, is now an independent company wholly owned by AAM.
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