Industry analysts said prior tariffs on steel and aluminum raised raw material costs by 9% to 12% and increased Class 8 truck production costs by as much as 24% in 2025. Truck makers and carriers ...

At its most basic, an axle is a shaft that connects two or more wheels on the same axis. In the automotive world, axle can mean several things; it may be a component or set of components that connect ...

Auto parts supplier Detroit Axle thought it had to eliminate jobs due to tariffs, but then something good happened. Detroit Axle's sales are rising as competitors offered less, allowing it to avoid ...

LCI Industries (NYSE:LCII) Q2 2025 Earnings Call Transcript August 5, 2025 LCI Industries beats earnings expectations. Reported EPS is $2.29, expectations were $2.22. Operator: Hello, everyone, and ...

LCI Industries (LCII) reported its second-quarter 2025 earnings, surpassing Wall Street expectations with an earnings per share (EPS) of $2.39 versus the forecasted $2.32. The company also exceeded ...

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. “We’re running into a crisis right now,” said ...

Below we explain how we will communicate with you. We set out how we use your data in our Privacy Policy. Global City Media, and its associated brands will use the ...

Forbes contributors publish independent expert analyses and insights. Robert Olsen is a journalist covering transatlantic business news.

American Axle & Manufacturing Holdings Inc.'s bid to acquire a public United Kingdom-based automotive parts company in a $1.44 billion cash-and-stock deal aims to strengthen the Detroit auto ...