Welcome to our dedicated page for American Axle & Mfg Hldgs news (Ticker: AXL), a resource for investors and traders seeking the latest updates and insights on American Axle & Mfg Hldgs stock.
American Axle & Manufacturing Holdings, Inc. (AAM) (NYSE: AXL) is a global Tier 1 Automotive and Mobility Supplier that regularly issues news about its operations, strategy and financial performance. The company designs, engineers and manufactures Driveline and Metal Forming technologies for electric, hybrid and internal combustion vehicles, and is headquartered in Detroit, Michigan with nearly 75 facilities in 15 countries.
News coverage for AXL commonly includes quarterly and annual financial results, where AAM reports sales, net income, adjusted EBITDA, adjusted earnings per share, cash flow metrics and updated financial outlooks. These releases often explain the company’s use of non-GAAP measures such as Adjusted EBITDA and Adjusted free cash flow, and provide definitions and reconciliations.
AAM’s news flow also features capital markets and financing announcements, such as the pricing and issuance of senior secured notes due 2032 and senior unsecured notes due 2033 by its wholly owned subsidiary. These items describe how proceeds are expected to be used, including funding the pending business combination with Dowlais Group plc, repaying Dowlais’s existing credit facilities, funding change of control offers for certain Dowlais notes and redeeming or partially redeeming certain AAM notes.
Another key category of AXL news relates to the recommended cash and share combination with Dowlais Group plc. Joint announcements provide updates on regulatory clearances from competition authorities in multiple jurisdictions and outline the expected timing and conditions for closing the transaction.
Investors and analysts can also find event and conference participation updates, where AAM announces webcasts and fireside chats at conferences hosted by institutions such as J.P. Morgan, Barclays, UBS and Bank of America. These items typically include webcast details and reiterate the company’s positioning as a global Tier 1 supplier.
For anyone tracking AXL, this news stream offers insight into AAM’s financial performance, capital structure, strategic combination with Dowlais and ongoing engagement with the investment community.
American Axle & Manufacturing (NYSE: AXL) will participate in the Citi's 2023 Global Industrial Tech and Mobility Conference on February 21, 2023. The company is scheduled to present at 11:20 a.m. ET. A live audio webcast of the presentation can be accessed via AAM's Investor Relations page.
AAM is a leading Tier 1 automotive supplier headquartered in Detroit, operating over 80 facilities worldwide. The company specializes in driveline and metal forming technologies for various vehicle types, including electric and hybrid vehicles. For more details about AAM, visit www.aam.com.
American Axle & Manufacturing Holdings (NYSE: AXL) will hold a conference call on February 17, 2023, at 10:00 a.m. ET to discuss its fourth quarter and full year 2022 financial results. A press release will be issued before market opens that day, available at www.aam.com. Investors can participate by calling (877) 883-0383 within the US, or (412) 902-6506 from outside the US, using access code 3177234. A replay will be available post-call until February 24, 2023, at (877) 344-7529 (US) and (412) 317-0088 (international). AAM specializes in driveline and metal forming technologies for various vehicle types.
American Axle & Manufacturing (AAM) showcased its commitment to electrification at CES 2023 in Las Vegas, highlighting advanced electric driveline systems. AAM's booth featured innovative technology like the 3-in-1 electric drive unit and fully integrated e-Beam axle. Attendees can interact with displays, including a vehicle configurator and driving simulator. CEO David C. Dauch emphasized partnerships with OEMs for sustainable mobility. AAM's presence at CES marks a crucial step in its strategy towards carbon net zero solutions.
American Axle & Manufacturing Holdings (NYSE: AXL) will hold a live webcast of its Technology Day management presentation on January 4, 2023, at 1:00 p.m. PT (4:00 p.m. ET). The event will be accessible via the Investor Relations page on AAM's website, with a replay available afterward. AAM, headquartered in Detroit, is a global leader in automotive and mobility solutions, specializing in driveline and metal forming technologies for various vehicle types. For more details, visit www.aam.com.
American Axle & Manufacturing (AAM) will showcase its advancements in electric mobility at CES 2023, emphasizing its leadership in electric propulsion systems. The company highlights its scalable driveline systems designed for various electric vehicle segments, including high-speed motors and integrated e-Beam axles. AAM aims for significant improvements in efficiency and power density. The exhibit will include innovative products like 3-in-1 electric drive units. AAM has a proven track record with notable collaborations, receiving multiple PACE Awards for its innovative EV technology.
American Axle & Manufacturing (AAM) (NYSE: AXL) has partnered with EKA Mobility to provide an e-Beam axle for EKA's 2.5T battery electric commercial vehicle. This collaboration aims to enhance EKA's electric vehicle portfolio and accelerate the development of sustainable light commercial vehicles. AAM's electric propulsion technology will support EKA's commitment to zero-emission mobility solutions. The partnership is expected to boost product reliability and efficiency while contributing to global electric vehicle adoption.
American Axle & Manufacturing (NYSE: AXL) has achieved validation of its net-zero emissions targets by the Science Based Targets initiative (SBTi), becoming one of the first automotive Tier 1 suppliers to do so. The company aims to reach net-zero greenhouse gas emissions across its value chain by 2040, with specific targets including a 45% reduction in Scope 1 and 2 emissions by 2030 and a 90% reduction by 2040. AAM also plans for two long-term targets to cut Scope 3 emissions by 90% by 2040.
American Axle & Manufacturing (AAM) will present at the Barclays Global Automotive and Mobility Tech Conference on November 30 at 10:00 a.m. ET. The event will be accessible via a live audio webcast on AAM's Investor Relations page, with a replay available after the presentation. AAM specializes in driveline and metal forming technologies for electric, hybrid, and internal combustion vehicles, and operates nearly 85 facilities globally. For additional details, visit aam.com.
American Axle & Manufacturing (AAM), trading as AXL on NYSE, will participate in the Bank of America Securities 2022 Leveraged Finance Conference on November 29 at 9:30 a.m. ET. A live audio webcast will be available on AAM's Investor Relations page. AAM, a global Tier 1 Automotive Supplier, specializes in driveline and metal forming technologies for electric, hybrid, and combustion vehicles. With nearly 85 facilities in 18 countries, AAM is focused on sustainable mobility. For more details, visit their website.
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