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American Axle & Mfg Holdings Inc (AXL) is a global Tier 1 automotive supplier specializing in driveline systems and metal forming technologies for diverse vehicle platforms. This news hub provides investors and industry professionals with centralized access to official press releases, financial updates, and technical developments from the company.
Find timely information on earnings announcements, product innovations, and strategic partnerships that shape AXL's position in the evolving automotive sector. The company's focus on electrification-ready components and advanced manufacturing processes is reflected in its latest updates.
All content is sourced directly from verified corporate communications, ensuring reliability for those monitoring the automotive supply chain. Bookmark this page for streamlined tracking of AXL's engineering advancements, operational milestones, and market leadership in driveline solutions.
American Axle & Manufacturing (AXL) announced Michael J. Lynch as the new President of its Driveline Business, effective Nov. 1, 2021. Lynch, who has been with AAM since 1996, previously served as Vice President, Finance and Controller. The company's CEO, David C. Dauch, expressed confidence in Lynch's leadership and experience to drive stability and innovation within the global driveline operations, particularly highlighting advancements in Electric Drive technologies. AAM operates nearly 80 facilities globally, employing about 20,000 associates.
American Axle & Manufacturing Holdings (AXL) will report its third quarter financial results on November 5, 2021. A press release will be issued before market opening and available at www.aam.com. The company will host a conference call at 10:00 a.m. ET to discuss the results. Investors can join via phone or listen to a webcast available on the company's investor relations site. A replay will be accessible until November 12, 2021.
AAM is a leading automotive supplier specializing in driveline technologies, with approximately 20,000 associates across 80 facilities in 17 countries.
American Axle & Manufacturing Holdings (NYSE: AXL) will participate in the RBC Capital Markets Global Industrials Conference on September 9, 2021, presenting at 10:40 a.m. ET. The event will be held virtually, and a live audio webcast can be accessed via AAM's Investor Relations page at www.aam.com, with a replay available post-event. AAM, headquartered in Detroit, is a top-tier automotive supplier specializing in driveline and metal forming technologies, operating nearly 80 facilities across 17 countries.
American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) announced a public offering of $600 million in senior notes through its subsidiary, American Axle & Manufacturing, Inc. The offering is subject to market conditions and will be used to redeem its existing 6.25% Senior Notes due 2025. The new notes will be unconditionally guaranteed on a senior unsecured basis by Holdings and certain subsidiaries. This announcement highlights the company's focus on debt management while planning to optimize its financial standing.
American Axle & Manufacturing Holdings (NYSE: AXL) will participate in the J.P. Morgan Auto Conference on August 12 at 1:20 p.m. ET. The CEO, David C. Dauch, will discuss recent business developments during the virtual event. Investors can access a live audio webcast through AAM's Investor Relations page with a replay available afterward. AAM is a global automotive supplier specializing in driveline and metal forming technologies, dedicated to delivering smarter and more efficient vehicles.
American Axle & Manufacturing Holdings, Inc. (AXL) reported its Q2 2021 results with sales of $1.28 billion, a significant increase from $0.52 billion in Q2 2020. The company achieved net income of $16 million or $0.13 per share, reversing a net loss of $(213.2 million) in the prior year. Adjusted EBITDA stood at $222.6 million, representing 17.3% of sales. AAM forecasts full-year sales between $5.3 - $5.5 billion and adjusted EBITDA between $875 - $925 million. Despite challenges like semiconductor shortages affecting sales by $162 million, AAM remains focused on strengthening its balance sheet and investing in electrification technology.
American Axle & Manufacturing Holdings (AXL) will hold a conference call to discuss its second quarter 2021 financial results on July 30, 2021, at 10:00 a.m. ET. Prior to the call, a press release detailing the financial results will be issued before the market opens. Investors can join the call by dialing (877) 883-0383 (U.S.) or (412) 902-6506 (international), using access code 2958235. A replay will be available post-call, and the audio will also be archived on AAM's website.
AAM is a leading global automotive supplier, emphasizing quality and technology in driveline and metal forming.
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