UK firm gains Renault axle contract extension
American Axle & Manufacturing Holdings Inc. (AAM) said its United Kingdom-based subsidiary, Albion Automotive Ltd., received a contract to continue to supply rear axles for Renault commercial vans and medium duty vehicles through 2006. The extension is expected to generate annual revenue of $18.5 million. Under the contract extension, Albion Automotive's Glasgow Driveline facility will continue to