BNET Industries
American Axle & Manufacturing Holdings Inc. (AXL) is in the Auto Industry
- Revenue
- Dec 31 2007
- $3.2B
- Profit
- Dec 31 2007
- $408.6M
- Market Cap
- Jul 23 2008
- $418.3M
Latest News and Analysis
GM to Cut Jobs to Survive
By Kevin Krolicki and David Bailey DETROIT (Reuters UK) - General Motors Corp GM on Tuesday announced a plan to cut costs by $10 billion (5 billion pounds), suspend its common stock dividend and sell up to $4 billion in assets in a bid to shore...
GM to Cut Jobs, Sell Assets, Raise Cash to Survive
By Kevin Krolicki and David Bailey DETROIT (Reuters) - General Motors Corp GM on Tuesday announced a plan to cut costs by $10 billion, suspend its common stock dividend and sell up to $4 billion in assets in a bid to shore up...
Citigroup Analyst Cuts Auto Companies' Price Targets
FP Trading Desk submits: Citigroup Global Markets analyst Itay Michaeli has cut his targets again on several major North American auto companies, citing “worsening consumer conditions and depressed used vehicle prices” ripping through the industry. The analyst reduced his targets on American Axle Manufacturing and Holdings Inc. AXL, Borg...
GM Drops to 53-year Low, Goldman Urges "sell"
By Kevin Krolicki DETROIT (Reuters) - Shares of General Motors Corp hit their lowest level since 1955 and dragged down the auto sector on Thursday after Goldman Sachs cut the struggling U.S. industry's largest manufacturer to a "sell" rating and warned it would...
Stocks That May Take a Hit When (If) Oil Hits $150
Thomas Smicklas submits: Many e-mails from my blog commented that the list of stocks appreciating with oil at $150.00 contained some surprises and made for a useful beginning for research. With that in mind, here is what the team at Credit Suisse First Boston came up with for stocks that...
American Axle & Manufacturing Holdings, Inc. Q1 2008 Earnings Call Transcript
American Axle & Manufacturing Holdings, Inc. Q1 2008 Earnings Call Transcript
American Axle & Manufacturing Holdings Q4 2007 Earnings Call Transcript
American Axle & Manufacturing Holdings Q4 2007 Earnings Call Transcript
Additional Resources
American Axle & Manufacturing Announces 2009 - 2013 New Business Backlog of $1.4 Billion
DETROIT, May 28 /PRNewswire-FirstCall/ -- American Axle & Manufacturing Holdings, Inc. AAM, which is traded as AXL on the NYSE, today announced that its backlog of new and incremental business launching from 2009 through 2013 has increased to approximately $1.4 billion in future annual sales. AAM currently...
GM supplier ends strike that forced shutdown of plants
DETROIT, Michigan AFP — Workers at a key supplier to General Motors Corp. ratified a new labor agreement late Thursday, ending a strike that had forced the US auto-maker to shut down a several factories. The United Auto Workers said 78 percent of members at five American Axle...
GM's labor woes near end as deal reached at final striking plant
CHICAGO AFP — General Motors Corp.'s labor woes neared an end Wednesday as workers at its final striking plant voted on a tentative agreement. United Auto Workers union local 31 said on its website that picketing would continue until "all votes had been counted" by workers at a...
GM workers head back to plants after crippling supplier strike
DETROIT, Michigan AFP — General Motors Corp. began calling workers back to some plants shuttered by a crippling strike at a key supplier on Monday but is not expected to get back to full production for at least a week. The US automaker's production has been cut by...
American Axle boosts wage offer to union
DETROIT -- American Axle and Manufacturing Holdings Inc. boosted its wage offer and increased the payments it will give workers to take a wage cut as part of a tentative agreement that could settle an 11-week strike by the United Auto Workers union, a person briefed on the deal said...
United Auto Workers reach tentative deal with American Axle
DETROIT, Michigan AFP — The United Auto Workers said Saturday it had reached a tentative agreement with a key auto parts supplier to end a long and crippling strike that forced General Motors to close six assembly plants. "We do have a tentative agreement" with American Axle and...
GM's truck inventories up despite strike.(News)(American Axle and Manufacturing Holdings Inc.)(General Motors Corp.)(Brief article)
Byline: David Barkholz Pickup and SUV inventories rose at General Motors last month despite massive production disruptions caused by the UAW strike at American Axle & Manufacturing Holdings Inc. Sales of light trucks were so slow in April that inventories,...
Bargaining barbs will sting for a long time.(Final assembly)(American Axle and Manufacturing Holdings Inc.)(United Automobile Workers)
Byline: Edward Lapham It's a shame. Long after the ink has dried on the new contract, there will be hard feelings about this year's bargaining between the UAW and American Axle & Manufacturing Holdings. Each side...
Late news.(American Axle and Manufacturing Holdings Inc.)(Ford Motor Co.)
Ford plans more UAW buyouts at 2 plants DETROIT - Ford Motor Co. will offer more buyouts to hourly workers at assembly plants in Chicago and Louisville, Ky. Mark Fields, Ford president of the Americas, confirmed in an interview Friday with Automotive News...
GM to restart Detroit plant amid threats of more strikes
CHICAGO AFP — General Motors Corp. said it will resume production Monday at its assembly plant in Detroit for the first time in a month, after a strike at a key supplier forced it to shut down. GM spokesman Dan Flores said the automaker has secured enough components...
On the Web.
This week at www.autonews.com: * Tuesday: Federal-Mogul releases first-quarter results. * Thursday: American Axle and Manufacturing Holdings holds its annual meeting in Detroit. * Thursday: AutoNation releases first-quarter results...
GM hit by strike at SUV plant
DETROIT, Michigan AFP — Production of General Motors Corp.'s popular crossover sports utility vehicles ground to a stop Thursday after workers at one of the automaker's Michigan factories went on strike. GM is already suffering from the loss of pickup and truck-based sports utility vehicle production because of...
Small suppliers feel the pain of axle strike.(News )(American Axle and Manufacturing Holdings Inc. and Ryobi Die Casting (USA) Inc. develops parts for General Motors Corp.)
Byline: Robert Sherefkin General Motors appears to be weathering the strike, but its supply base is under siege. Large Tier 1 suppliers are feeling the pressure, but smaller private companies are most at risk as the strike against American Axle...
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- Incorporated: 1998
- CEO: Mr. Richard E. Dauch
American Axle & Manufacturing Holdings is a Tier I supplier engaged in the manufacturing, engineering, design, and validation of driveline and drivetrain systems and related components and chassis modules for trucks, sport utility vehicles (SUVs), passenger cars and crossover utility vehicles. Co.'s driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels. As of Dec 31 2007, Co.'s driveline, drivetrain and related products included axles, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, driving heads, crankshafts, transmission parts and metal-formed products.
Key Competitors
American Axle & Manufacturing Holdings Inc. Company Info
Board of Directors
Mr. Richard E. Dauch
Chairman
Mr. William P. Miller II
Mr. Larry K. Switzer
Mr. Forest J. Farmer
Mr. Richard C. Lappin
Mr. Thomas K. Walker
Mr. John A. Casesa
Ms. Elizabeth A. Chappell
Dr. Henry T. Yang
Contact Information
One Dauch Drive
Detroit, MI
313 758-4823
NAICS Code
Motor Vehicle Supplies and New Parts Merchant Wholesalers: 423120Brought to you by IBMSponsored Resources
