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 , June 14, 2022 /PRNewswire/ -- American Axle & Manufacturing's (NYSE: AXL) electric driveline technology powers AMG's first plug-in hybrid electric (PHEV) model, the Mercedes-AMG GT 63 S E PERFORMANCE. AAM supplies the performance car's rear drive unit, which was recently named a 2022 Automotive News PACE™ Award finalist.

AAM Electric Drive Unit Powers Mercedes-AMG GT 63 S E PERFORMANCE

DETROIT , June 10, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Deutsche Bank's Global Auto Industry Conference on June 15. AAM is scheduled to present at 2:20 p.m.

AAM to Present at Deutsche Bank Global Auto Industry Conference on June 15

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DETROIT , May 22, 2022 /PRNewswire/ -- AAM is aware of the media activity regarding the company that began on Friday, May 20.  While our long-standing policy is to not publicly comment on market rumors and media speculation, we feel it is important to clarify that we are not engaged in a process to sell the company.

AAM Statement on Company Sale Speculation

American Axle's (AXL) earnings and sales witness a year-over-year fall in first-quarter 2022.

American Axle (AXL) Q1 Earnings Top Estimates, Revenues Down Y/Y

American Axle & Manufacturing Holdings, Inc. (NYSE:AXL ) Q1 2022 Earnings Conference Call May 6, 2022 10:00 AM ET Company Participants David Lim - Head of Investor Relations David Dauch - Chief Executive Officer Christopher May - Chief Financial Officer Conference Call Participants John Murphy - Bank of America Merrill Lynch Ryan Brinkman - JPMorgan Chase & Co. Joseph Spak - RBC Capital Markets Dan Levy - Credit Suisse Operator Good morning, everyone. My name is Jamie, and I will be your conference facilitator today.

American Axle & Manufacturing Holdings, Inc. (AXL) CEO David Dauch on Q1 2022 Results - Earnings Call Transcript

American Axle & Manufacturing Holdings Inc (NYSE: AXL) reported first-quarter FY22 sales growth of nearly 1% year-on-year to $1.44 billion, beating the consensus of $1.35 billion. The company noted the semiconductor chip shortage unfavorably impacted its Q1 sales.

American Axle Q1 Earnings Beat Estimates; Trims FY22 Outlook Amid Supply Chain Volatility

American Axle (AXL) delivered earnings and revenue surprises of 2,000% and 8.07%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

American Axle & Manufacturing (AXL) Tops Q1 Earnings and Revenue Estimates

AAM Continues To Deliver Adjusted Free Cash Flow DETROIT , May 6, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the first quarter 2022. AAM also revised its full year 2022 financial outlook.

AAM Reports First Quarter 2022 Financial Results

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.

Earnings Preview: American Axle & Manufacturing (AXL) Q1 Earnings Expected to Decline

DETROIT , April 22, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will hold a conference call to discuss first quarter and other related matters at 10:00 a.m. ET on Friday, May 6.

AAM to Announce First Quarter Financial Results on May 6

American Axle has seen a few tough years after its mega-deal in 2016. Secular headwinds have made that the deal has not delivered on its promises.

American Axle: Getting Electrified

DETROIT , April 18, 2022 /PRNewswire/ -- American Axle & Manufacturing (AAM) electrification technology has been named both a 2022 Automotive News PACE™ Award and a 2022 Automotive News PACEpilot Award finalist for technologies that advance electrification and e-mobility. The PACE Award recognizes automotive suppliers for superior innovation, technological advancement and business performance and are accepted around the world as the industry benchmark for innovation.

AAM Named PACE and PACEpilot Finalist for Innovative Electrification Technologies

American Axle (AXL) is set to take over the German company, Tekfor, to expand its electrification footprint and portfolio.

American Axle (AXL) Inks Deal to Buy Tekfor, Drive EV Growth

Acquires Tekfor, a Leading Specialist in Formed and E-Mobility Components DETROIT , April 11, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) announced today that it has entered into a definitive agreement under which AAM will acquire Tekfor Group for an enterprise value of €125 million. "This acquisition leverages the core strengths of AAM with significant synergy potential, diversifies our geographic and customer sales mix and increases our electrification product portfolio.

AAM Continues Pivot Towards Electrification

DETROIT , April 8, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Bank of America's 2022 Global Automotive Summit on April 13. AAM is scheduled to present at 11:20 a.m.

AAM to Present at Bank of America's 2022 Global Automotive Summit on April 13

Recognized as a Top Supplier for the Sixth Consecutive Year   DETROIT , March 22, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) was recognized by General Motors as an Overdrive Award winner as part of GM's 30th annual Supplier of the Year awards. AAM was one of 31 companies to earn an Overdrive Award for 2021.

AAM Named Overdrive Award Winner by General Motors

Morgan Stanley analyst Adam Jonas upgraded American Axle & Manufacturing Holdings Inc (NYSE: AXL) to Overweight from Underweight with a price target of $16, up from $8, implying a 77% upside. While many other legacy OEMs and suppliers plough cash flow into EV projects.

Morgan Stanley Sees Sharp Upside In This Automobile Components Manufacturer

DETROIT , Feb. 21, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Citi's 2022 Global Industrial Tech and Mobility Conference on February 24, which will be held virtually. AAM is scheduled to present at 1:00 p.m.

AAM to Present at Citi's 2022 Global Industrial Tech and Mobility Conference on February 24

DETROIT, Feb. 18, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Wolfe Global Auto, Auto Tech, and Mobility Conference on February 23, which will be held virtually. AAM is scheduled to present at 10:15 a.m.

AAM to Present at the Wolfe Global Auto, Auto Tech, and Mobility Conference on February 23

The ongoing chip shortage hits American Axle's (AXL) fourth-quarter earnings and revenues. Its sales and EBITDA decrease year over year across segments.

American Axle (AXL) Q4 Earnings & Sales Lag Estimates, Down Y/Y

American Axle & Manufacturing Holdings, Inc. (AXL) CEO David Dauch on Q4 2021 Results - Earnings Call Transcript

DETROIT, Feb. 11, 2022 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the fourth quarter and full year 2021.  AAM also provided its full year 2022 financial outlook and 2022-2024 new business backlog.

AAM Reports Fourth Quarter and Full Year 2021 Financial Results

DETROIT, Feb. 11, 2022 /PRNewswire/ -- American Axle & Manufacturing (AAM), (NYSE: AXL) announced it has secured multiple next-generation full-size truck front and rear axle programs with global OEM customers (including a previously announced award in early 2021). These awards are expected to generate more than $10 billion of lifetime revenues from mid-decade to beyond 2030.

AAM Secures Contracts Valued at More Than $10 Billion for Next-Generation Full-Size Truck Axle Programs With Multiple Customers

DETROIT, Feb. 11, 2022 /PRNewswire/ -- American Axle & Manufacturing's high-performance Power Transfer Unit (PTU) helps power the compact all-new 2022 Ford Maverick™ pickup recently named the 2022 North American Truck of the Year™. AAM's system is featured on all-wheel-drive versions of the Maverick.

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