American Axle & Mfg Hldgs Inc Stock Price, News & Analysis

American Axle & Manufacturing (NYSE: AXL) has appointed David B. Walker, former Vice Chairman of Investment Banking at J.P. Morgan, to its Board of Directors. Walker brings 35 years of business experience advising global companies, having served in key leadership roles including Head of J.P. Morgan's Automotive Group and Global Co-Head of the Diversified Industries Group.

Walker, who retired from J.P. Morgan in June 2025, is recognized for his expertise in financing, strategy, acquisitions, and investment opportunities. He currently serves on the board of The Arc of Westchester Foundation.

American Axle & Manufacturing (NYSE: AXL) reported its Q2 2025 financial results, with sales of $1.54 billion and net income of $39.3 million (2.6% of sales). The company achieved an Adjusted EBITDA of $202.2 million (13.2% of sales) and diluted EPS of $0.32.

AAM updated its 2025 financial outlook, targeting sales of $5.75-$5.95 billion, Adjusted EBITDA of $695-$745 million, and Adjusted free cash flow of $175-$215 million. The company highlighted progress in its upcoming combination with Dowlais, receiving shareholder approval from both companies.

Year-over-year comparisons show improved net income margins despite lower sales, with Q2 2025 net income at $39.3 million versus $18.2 million in Q2 2024, demonstrating effective cost management and productivity improvements.

American Axle & Manufacturing (NYSE: AXL) has scheduled its second quarter 2025 financial results conference call for Friday, August 8, 2025, at 10:00 a.m. ET. The company will release its earnings press release before market open on the same day.

Investors can access the call via phone using the access code 8504475 or through a live audio webcast at investor.aam.com. A replay will be available until August 15, 2025, using replay access code 6368162, and will also be archived on AAM's website for one year.

American Axle & Manufacturing (NYSE: AXL) announced that Dowlais Group plc shareholders have approved the proposed combination of the two companies. This follows AAM's stockholder approval on July 15, 2025. The transaction, initially announced on January 29, 2025, will create a leading global driveline and metal forming supplier.

The merger is expected to close in Q4 2025, pending antitrust and regulatory approvals. David C. Dauch, AAM's current Chairman and CEO, will maintain these roles in the combined company. The combination aims to establish an entity with a powertrain-agnostic product portfolio and enhanced global reach.

American Axle & Manufacturing (NYSE: AXL) announced that stockholders have approved all proposals related to its recommended acquisition of Dowlais Group plc. The combined entity is expected to generate annual revenues of approximately $12 billion on a non-adjusted basis.

The transaction, scheduled to close in Q4 2025, will create a leading global driveline and metal forming supplier. AAM plans to seek a secondary listing on the London Stock Exchange. The combined group will have an expanded geographic presence across multiple automotive segments, supporting ICE, hybrid, and electric powertrains.

Dowlais shareholders will vote on the Scheme and Special Resolution on July 22, 2025. David C. Dauch will serve as Chairman and CEO of the combined company.

American Axle & Manufacturing (NYSE: AXL) honored 16 top-performing suppliers at its annual Supplier Day event. Three companies received the prestigious Supplier of the Year Awards: Baoding Dongli Machinery Co. for Direct Material, recognized for providing 88 parts and establishing local warehouses near European facilities; Steel Dynamics Inc. – Engineered Bar Products Division for Direct Material, supplying 75,000 tons of steel with outstanding quality; and Okuma America Corporation for Indirect Material, acknowledged for their CNC machine tools and automation systems. Additionally, 13 suppliers received Excellence Awards across categories including delivery, quality, launch performance, innovation, and sustainability. The selection process involved input from AAM's global procurement, engineering, supplier quality, manufacturing, and supply chain management teams.

American Axle & Manufacturing (NYSE: AXL) has secured a significant agreement with Scout Motors to provide electric drive components for Scout's upcoming electric vehicles. AAM will supply front electric drive units (EDUs) and rear e-Beam axles for the Scout Traveler SUV and Terra pickup truck. These vehicles will feature a body-on-frame chassis and offer both fully electric and gasoline range-extended powertrain options. The agreement represents a major win for AAM's electric drive technology division and aligns with both companies' commitment to American manufacturing. Scout Motors is currently accepting reservations, with production scheduled to begin in 2027.

American Axle & Manufacturing Holdings (NYSE: AXL) has announced its participation in the Deutsche Bank 2025 Global Auto Industry Conference. The company will present a fireside chat on June 11, 2025, at 1:25 p.m. ET. The presentation will be accessible via live audio webcast through AAM's Investor Relations webpage at www.aam.com, with a replay available after the event. This conference provides an opportunity for AAM to share insights and updates with the investment community.

AAM (NYSE: AXL) reported its Q1 2025 financial results with sales of $1.41 billion, down from $1.61 billion in Q1 2024. The company posted net income of $7.1 million ($0.06 per share), compared to $20.5 million ($0.17 per share) in Q1 2024. Adjusted EBITDA was $177.3 million (12.6% of sales), down from $205.6 million (12.8% of sales) year-over-year. Operating cash flow improved to $55.9 million from $17.8 million in Q1 2024. AAM updated its 2025 guidance, lowering targets for sales to $5.65-5.95 billion, Adjusted EBITDA to $665-745 million, and Adjusted free cash flow to $165-215 million. The company continues to progress on its Dowlais combination while managing operations in an uncertain geopolitical environment.