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American Axle to set up joint venture with Saab to produce electric drive systems
Bloomberg News Service – (Bloomberg) — American Axle & Manufacturing Holdings Inc. has agreed to set up a joint venture with Saab Automobile , the Swedish carmaker owned by Spyker Cars NV , to make electric all-wheel drive systems and electric and hybrid drivelines. The joint venture, called e-AAM Driveline Systems , will also sell products to other carmakers, Saab said. “The new and innovative …

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In the vast world of automotive engineering, few manufacturers actually perceive the importance of integrating only the best parts and accessories for their vehicles. As a matter of fact, some commercial automobiles in the market today have integrated features that do not really enhance the overall vehicle performance. However, there are leading car makers that produce car parts for the exact purpose of optimum functionality.

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