American Axle & Manufacturing Hlds

American Axle & Manufacturing Holdings, Inc. engages in the manufacture, engineering, design, and validation of driveline systems and related components. It operates through the following segments: Driveline and Metal Forming. The Driveline segment consists of axles, drive shafts, power transfer units, rear drive modules, and electric and hybrid driveline products and systems for light trucks, service utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. The Metal Forming segment manufactures axle shafts, ring and pinion gears, differential gears, transmission gears, and shafts and suspension components for original equipment manufacturers (OEMs), and Tier 1 automotive suppliers. The company was founded by Richard E. Dauch on March 1, 1994 and is headquartered in Detroit, MI.

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American Axle & Manufacturing reports Q4 loss, eyes growth opportunities

American Axle & Manufacturing (AXL) navigated through supply chain disruptions and higher input costs in Q4 2022, focusing on electrification and legacy business achievements. The company aims to address challenges in 2023 by reducing debt, investing in electrification, and optimizing operations for margin expansion.

American Axle & Manufacturing reports strong Q1 performance amidst EV focus

American Axle & Manufacturing's Q1 2023 performance reflects a strong financial position and leadership in electric propulsion technology. While facing challenges related to launch costs and industry uncertainties, the company is strategically positioned to capitalize on opportunities in the growing EV market.

American Axle & Manufacturing reports resilient Q2 performance and strategic wins

American Axle & Manufacturing's Q2 2023 earnings call highlighted solid financial performance, strategic wins in electrification, and efforts towards industry stabilization. Despite challenges like production volatility and inflation, the company remains optimistic about growth opportunities and operational improvements.

American Axle & Manufacturing navigates challenges, secures electrification growth

American Axle & Manufacturing faced challenges in Q3 due to operational issues and customer distractions, impacting negotiations. However, the company showcased resilience by securing new electrification business and generating strong cash flow.
AAM's strategic focus on advancing its electrification portfolio and addressing cost challenges present growth opportunities. Conversations with OEMs may shift towards outsourcing, leveraging AAM's lower cost structure.
Despite industry challenges, AAM's innovative technologies and strong financial performance position the company for future success and leadership in the evolving electrification market.

American Axle & Manufacturing reports resilient performance amidst industry shifts

Despite challenges like labor costs and program adjustments, AAM's performance in sales and EBITDA remained strong.
The company's focus on electrification, automation, and quality excellence positions it well for future growth.
AAM's proactive approach to addressing industry shifts and exploring strategic opportunities showcases resilience and adaptability.
Balancing cost challenges with productivity initiatives and seizing electrification opportunities are key strategies for AAM.

American Axle & Manufacturing posts strong Q1 results amid EV focus

American Axle & Manufacturing's Q1 performance reflects strength in sales, EBITDA, and strategic contract wins for EV components.
While facing financial challenges and restructuring actions, the company's focus on electrification and efficiency presents growth opportunities.
With a clear guidance for 2024 and a commitment to innovation, AAM is poised to navigate challenges and capitalize on market trends.

American Axle & Manufacturing (AXL) reports robust Q2 performance and raises full-year guidance

American Axle & Manufacturing (AXL) delivered a strong Q2 performance, securing new business and raising full-year guidance. While facing operational challenges and debt reduction goals, the company remains focused on growth opportunities presented by evolving industry trends. AAM's commitment to diversity and workplace culture also stands out as a strength.

American Axle & Manufacturing posts strong Q3 results amid EV focus

American Axle & Manufacturing (AXL) delivered a robust performance in Q3 2024, driven by operational efficiency and strategic contract wins.
While facing challenges in the evolving automotive landscape, AAM's focus on cost control and profitability growth positions it for long-term success.
With a strong financial outlook for 2024 and a commitment to driving efficiency, AAM remains resilient amidst industry changes and competitive pressures.

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American Axle & Manufacturing Holdings, Inc. engages in the manufacture, engineering, design, and validation of driveline systems and related components. It operates through the Driveline and Metal Forming segments. The Driveline segment consists of axles, drive shafts, power transfer units, rear drive modules, and electric and hybrid driveline products and systems for light trucks, service utility vehicles, crossover vehicles, passenger cars, and commercial vehicles. The Metal Forming segment manufactures axle shafts, ring and pinion gears, differential gears, transmission gears, and shafts and suspension components for original equipment manufacturers (OEMs), and Tier 1 automotive suppliers. The company was founded by Richard E. Dauch on March 1, 1994, and is headquartered in Detroit, MI.

DETROIT, Feb. 10, 2022 /PRNewswire/ -- American Axle & Manufacturing is one of Forbes America's Best Employers. The company was named to the annual ranking of large and midsize employers, which is presented by Forbes and Statista, Inc. AAM is a top five employer in the automotive industry, which includes both automakers and suppliers.

AAM Named to Forbes America's Best Employers 2022 List, Top-Five Automotive Company

American Axle & Manufacturing Holdings Inc (NYSE: AXL) has invested $15 million in Autotech Ventures to access new opportunities that support its mission to develop powerful electric drivelines. Autotech Ventures is an early-stage Silicon Valley venture capital firm focused on tech start-ups in the global ground transportation industry.

American Axle & Manufacturing Invests $15M In Autotech Ventures

DETROIT, Feb. 9, 2022 /PRNewswire/ -- American Axle & Manufacturing is committing $15 million to Autotech Ventures in a partnership that will provide access to new opportunities that complement AAM's mission to develop and produce the industry's most efficient and powerful electric drivelines. Autotech Ventures is an early-stage Silicon Valley venture capital firm focused on tech start-ups in the global ground transportation industry.

AAM Invests in Autotech Ventures, Will Leverage Access to New Mobility Opportunities

DETROIT , Jan. 28, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss fourth quarter and full year financial results and other related matters at 10:00 a.m. ET on Friday, February 11, 2022.

AAM to Announce Fourth Quarter and Full Year 2021 Financial Results on February 11

American Axle is feeling the impact of the chip shortage in the automotive industry as it's weighing on its revenue and margins. Although the net income will likely be negative in H2 2021, the company's free cash flow profile remains robust as the capex is substantially lower than the depreciation expenses.

American Axle Stock: Supply Chain Issues Will Weigh On Q4, Long-Term Outlook Looks Better

DETROIT, Nov. 23, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Credit Suisse Virtual Industrials Conference on December 1. AAM is scheduled to present at 1:30 p.m.

AAM to Present at the Credit Suisse Virtual Industrials Conference on December 1

DETROIT, Nov. 23, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the BofA Securities 2021 Leveraged Finance Virtual Conference on November 30. AAM is scheduled to present at 11:15 a.m.

AAM to Present at the BofA Securities 2021 Leveraged Finance Virtual Conference on November 30

DETROIT, Nov. 15, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Barclays Global Automotive and Mobility Tech Conference on November 18, which will be held virtually. AAM is scheduled to present at 1:15 p.m.

AAM to Present at the Barclays Global Automotive and Mobility Tech Conference on November 18

American Axle (AXL) reports lower year-over-year adjusted earnings and revenues in third-quarter 2021 amid supply chain challenges.

American Axle (AXL) Beats on Q3 Earnings & Revenues, Lowers View

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Chip-related headwinds like manufacturing inefficiencies and high raw material costs prompt companies like CMI, BWA, HMC, MGA, AXL and TEN to cut their full-year outlook.

Auto Roundup: Chip Crunch Crimps Firms' Near-Term Profit Projections

American Axle & Manufacturing Holdings' (AXL) CEO David Dauch on Q3 2021 Results - Earnings Call Transcript

American Axle (AXL) delivered earnings and revenue surprises of 650.00% and 2.84%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

American Axle & Manufacturing (AXL) Q3 Earnings and Revenues Beat Estimates

DETROIT, Nov. 5, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the third quarter 2021. Third Quarter 2021 Results Sales of $1.21 billion Net loss attributable to AAM of $(2.4) million Adjusted EBITDA of $183.2 million, or 15.1% of sales Diluted loss per share of $(0.02); Adjusted earnings per share of $0.15 Net cash provided by operating activities of $89.8 million; Adjusted free cash flow of $69.1 million "AAM delivered solid operating performance under unprecedented supply chain challenges that continued to impact industry production in the third quarter," said AAM's Chairman and Chief Executive Officer, David C.

AAM Reports Third Quarter 2021 Financial Results

REE Automotive Ltd

TEL AVIV, Israel--(BUSINESS WIRE)--REE Automotive Ltd. (NASDAQ: “REE”), a leader in e-mobility, today announced the nomination of American Axle & Manufacturing (AAM) Holdings, Inc. (NYSE: AXL), a leading global Tier 1 automotive supplier, to supply REE with its high-performance electric drive units (EDU). AAM's award-winning 3-in-1 electric drive technology - which places the electric motor, gearbox and inverter into a single package – will be integrated into REEcorner technology. AAM's hig

REE Announces Nomination of American Axle to Supply Next Generation 3-in-1 Electric Drive Technology

DETROIT, Nov. 5, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) today announced it has secured an agreement with e-mobility leader REE Automotive Ltd. (NASDAQ: REE) to supply high-performance electric drive units (EDU) in a modular platform that can support multiple customer vehicle programs.

AAM Secures Business Award for Next Generation 3-in-1 Electric Drive Technology

DETROIT, Nov. 5, 2021 /PRNewswire/ -- American Axle & Manufacturing's TracRite® differentials are key in delivering power and performance for the 2022 GMC HUMMER EV. Designed to conquer tough obstacles and terrain, the supertruck features an AAM TracRite EL Electronic Locking Front Differential.

AAM's TracRite® Differentials Help New GMC HUMMER EV Conquer the Road

DETROIT, Nov. 1, 2021 /PRNewswire/ -- American Axle & Manufacturing named Michael J. Lynch President, Driveline – Business, effective today.

AAM Names Michael J. Lynch President Driveline Business Unit

American Axle (AXL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate American Axle & Manufacturing (AXL) to Report a Decline in Earnings: What to Look Out for

DETROIT, Oct. 22, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss third quarter financial results and other related matters at 10:00 a.m. ET on Friday, November 5, 2021.

AAM to Announce Third Quarter Financial Results on November 5

American Axle & Manufacturing (AXL) closed at $8.92 in the latest trading session, marking a +1.25% move from the prior day.

American Axle & Manufacturing (AXL) Outpaces Stock Market Gains: What You Should Know

In the latest trading session, American Axle & Manufacturing (AXL) closed at $8.69, marking a -0.46% move from the previous day.

American Axle & Manufacturing (AXL) Stock Sinks As Market Gains: What You Should Know

DETROIT, Sept. 3, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the RBC Capital Markets Global Industrials Conference on September 9, which will be held virtually.

AAM to Present at the RBC Capital Markets Global Industrials Conference on September 9

American Axle & Manufacturing Holdings Inc (NYSE: AXL) plans to raise $600 million through a public offering of senior notes. The notes will bear interest at a rate to be determined at pricing.

American Axle & Manufacturing To Raise $600M Via Debt Offering

DETROIT, Aug. 16, 2021 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) ("Holdings") announced today that its wholly owned subsidiary, American Axle & Manufacturing, Inc. ("AAM"), is planning a public offering of $600 million of senior notes, subject to market and other conditions. The notes will bear interest at a rate to be determined at pricing and will be unconditionally guaranteed on a senior unsecured basis by Holdings and certain of Holdings' direct and indirect present and future domestic subsidiaries and AAM's present and future domestic subsidiaries.

AAM Announces Proposed Senior Notes Offering

American Axle generated meaningfully better revenue and profits than expected in the second quarter, and the company is well-placed to leverage eventually inventory-rebuilding of SUVs and pickups. The key debate still centers on AXL's position in electrification; I don't find the eDrive offering that exciting, but there are multiple components that AXL can sell to EV OEMs.

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