American Axle & Mfg. Inc. (AAM)

Material Handling & Storage

American Axle & Manufacturing Awarded Driveline Design and Manufacturing Responsibilities for GM's Next Generation Full-Size Truck Program

Announces Increase in New Business Backlog DETROIT, Jan. 17 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced that it will continue its role as driveline supplier for the next generation of GM's full-size trucks. AAM's sales of driveline components relating to GM's full-size pick-ups and SUVs represent more than half of AAM's annual sales....

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Company News

Ford Honors AAM at 22nd Annual World Excellence Awards

Dearborn, Mich., Nov. 12, 2020 /PRNewswire/ -- American Axle & Manufacturing was recognized as a top-performing global supplier at the 22nd annual Ford World Excellence Awards. AAM was announced as a Silver winner during Ford Motor Company's virtual event. AAM's No. 1 objective is to manufacture the highest quality and most innovative Driveline and Metal Forming technologies, said David C....

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Company News

AAM Announces Sale of U.S. Iron Casting Operations to Funds Managed By Gamut Capital Management

DETROIT, Sept. 18, 2019 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) announced today that it has entered into a definitive agreement to sell its U.S. iron casting operations ( Grede ) to funds managed by Gamut Capital Management ( Gamut ) for an aggregate purchase price of $245 million, subject to certain customary adjustments. Across 10 manufacturing...

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Company News

AAM Recognized by General Motors as a 2018 Supplier of the Year Winner

DETROIT, May 20, 2019 /PRNewswire/ -- American Axle & Manufacturing (AAM) was named a GM Supplier of the Year by General Motors during its 27th annual Supplier of the Year awards ceremony held Wednesday, May 15 in Detroit. During the event, GM recognized 133 of its best suppliers from 15 countries that have consistently exceeded GM's expectations, created outstanding value or introduced...

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Mergers & Acquisitions

AAM Acquires Full Ownership of AAM Sona Axle Private Limited

DETROIT, Mich., Jan. 7, 2011 - American Axle & Manufacturing (AAM), today announced that it has assumed full ownership of the AAM Sona Axle Private Limited Joint Venture (AAM Sona Axle) in Pantnagar, India. AAM Sona Axle, previously a joint venture between AAM and Sona Koyo Limited to manufacture and sell light truck, passenger car and SUV axle assemblies for the India market, is now an...

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Company News

American Axle & Manufacturing Announces Formation of e-AAM Driveline Systems AB

Joint Venture with Saab Automobile AB to develop electric all-wheel-drive and hybrid driveline systems DETROIT, Sept. 24 - American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE and is a global Tier 1 supplier of driveline and drivetrain systems and related components for the automotive industry, today announced it has formed a joint venture with Saab Automobile AB...

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Company News

American Axle & Manufacturing Announces Construction of a New Manufacturing Facility in Thailand

DETROIT, Feb. 14 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced plans to establish a new manufacturing facility in Thailand, near the city of Rayong, located southeast of Bangkok. AAM has acquired approximately 21 acres in an industrial park in the Rayong Province for the construction a 90,000 square-foot, state-of-the-art, wholly-owned...

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Material Handling & Storage

American Axle & Manufacturing Awarded Driveline Design and Manufacturing Responsibilities for GM's Next Generation Full-Size Truck Program

Announces Increase in New Business Backlog DETROIT, Jan. 17 -- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced that it will continue its role as driveline supplier for the next generation of GM's full-size trucks. AAM's sales of driveline components relating to GM's full-size pick-ups and SUVs represent more than half of AAM's annual sales....

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Company News

American Axle & Manufacturing Announces Additions to its Aftermarket Product Portfolio

DETROIT, Oct. 31-- American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, today announced the expansion of its aftermarket product portfolio at the 2006 Automotive Aftermarket Products Expo (AAPEX) in Las Vegas, Nevada, October 31 - November 2, 2006. The new aftermarket product offerings featured in the AAM Axle Components catalog include the latest applications...

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