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AAM to Supply High-Efficiency Axles for GM's Next Generation Mid-Size Pickup Trucks

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American Axle & Manufacturing (AAM) has been selected as the new axle supplier for General Motors' next generation mid-size pickup trucks, including the Chevrolet Colorado and GMC Canyon, debuting in the 2023 model year. AAM will manufacture the axles at its Three Rivers Manufacturing Facility in Michigan. AAM's CEO, David C. Dauch, expressed enthusiasm about the partnership, highlighting the company's commitment to advancing vehicle technologies.

Positive
  • New contract with GM strengthens AAM's market position in the automotive sector.
  • Manufacturing axles for upcoming 2023 model year vehicles enhances revenue potential.
  • Commitment to provide advanced driveline technologies supports innovation in vehicle efficiency.
Negative
  • None.

DETROIT, Nov. 4, 2022 /PRNewswire/ -- American Axle & Manufacturing (AAM), (NYSE: AXL) today announced it has been selected as the new axle supplier for GM's next generation mid-size pickup trucks. The new vehicles will debut for model year 2023.

"AAM is pleased to expand our partnership with GM as the new supplier of axles for GM's next generation mid-size pickup trucks. We look forward to providing our latest and most efficient driveline technologies for the Chevrolet Colorado and GMC Canyon," said AAM Chairman and Chief Executive Officer, David C. Dauch. "This vehicle program continues AAM's mission to support growth in advanced vehicle technologies."

Axles supporting this additional truck program will be built at AAM's Three Rivers Manufacturing Facility in Michigan.

About AAM

As a leading global Tier 1 Automotive and Mobility Supplier, AAM (NYSE: AXL) designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with nearly 80 facilities in 17 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow. To learn more, visit aam.com.

Media Contact:
Christopher M. Son
Vice President, Marketing & Communications
(313) 758-4814
chris.son@aam.com 

Investor Contact:
David H. Lim
Head of Investor Relations
(313) 758-2006
david.lim@aam.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aam-to-supply-high-efficiency-axles-for-gms-next-generation-mid-size-pickup-trucks-301668600.html

SOURCE American Axle & Manufacturing Holdings, Inc.

American Axle & Manufacturing Holdings, Inc.

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