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Overview
American Axle & Mfg Holdings Inc (AXL) is a globally recognized Tier 1 automotive supplier that specializes in the design, engineering, validation, and manufacturing of driveline systems, powertrain components and metal forming technologies. With a longstanding history in serving automotive, commercial, and industrial markets, the company has developed a robust portfolio of solutions that support internal combustion, hybrid, and electric vehicle platforms. Its comprehensive expertise spans from advanced driveline systems to precision metal forming and casting techniques, addressing the evolving demands of vehicle performance, efficiency, and safety.
Core Business Areas and Capabilities
American Axle & Mfg Holdings Inc is best known for its innovative approach to developing and validating critical components used in vehicle powertrains. The company’s operations are divided primarily between its Driveline segment and its Metal Forming segment, with the former playing a pivotal role in its revenue generation. By employing advanced engineering methodologies and rigorous validation processes, AXL delivers solutions that meet the stringent requirements of modern automotive design and manufacturing.
Technological Expertise and Manufacturing Excellence
At the heart of AXL’s success is its dedication to technological innovation and engineering precision. The company leverages state-of-the-art manufacturing technologies in driveline systems, utilizing cutting-edge design techniques and advanced metal forming processes to produce components that drive reliable vehicle performance. This expertise is anchored by a global network of production facilities and engineering centers that ensure consistent quality, scalability, and responsiveness to changing market needs.
Global Presence and Market Position
With a broad international footprint, American Axle & Mfg Holdings Inc operates across multiple regions, offering comprehensive support to a diverse customer base. Its global presence is a testament to its focus on operational excellence and the ability to adapt to various regional market dynamics. The company's strategic positioning as a Tier 1 supplier not only underscores its technical capabilities but also its commitment to delivering efficient and innovative solutions that power vehicles around the world.
Commitment to Quality and Customer Partnerships
AXL’s longstanding relationships with major automotive manufacturers are driven by its commitment to quality, reliability, and continuous improvement. The company's detailed attention to engineering validation and product testing ensures that its components meet rigorous industry standards. As a partner to vehicle manufacturers, AXL plays a crucial role in enabling enhanced vehicle performance and safety standards, thereby fostering trust and long-term collaboration in the competitive automotive landscape.
Industry Innovation and Strategic Insights
In an industry characterized by rapid technological shifts, American Axle & Mfg Holdings Inc remains at the forefront by continually innovating its product portfolio. Its comprehensive range of driveline and metal forming solutions is engineered to address the current complexities of vehicle propulsion systems while maintaining a balanced approach to traditional and emerging powertrain technologies. The company’s strategic focus on operational efficiency and quality control has allowed it to consistently meet the evolving demands of the automotive sector.
American Axle & Manufacturing (AXL) will participate in the 2021 Bank of America Auto Summit, scheduled for March 31, 2021, at 12:30 p.m. ET. The event will take place virtually, with a live audio webcast accessible on AAM's Investor Relations page. A replay will also be available post-event. AAM, headquartered in Detroit, is a leading global tier 1 automotive supplier, employing approximately 20,000 associates across 80 facilities in 17 countries. For more details, visit www.aam.com.
American Axle & Manufacturing (AAM) will participate in the Wolfe Global Autos Conference on February 25, 2021, starting at 8:00 a.m. ET. CEO David C. Dauch will discuss recent business developments. A live audio webcast will be available on AAM's Investor Relations page, with a replay following the event. AAM, a leading global tier 1 automotive supplier, focuses on driveline and metal forming technologies, employing around 20,000 associates across nearly 80 facilities in 17 countries. More details can be found at aam.com.
American Axle & Manufacturing (AXL) received the 2020 Dorian Award for Y to X® Problem Solving Cultural Excellence, recognizing its adeptness in addressing complex manufacturing challenges. Shainin, the award presenter, highlighted AAM’s structured problem-solving approach and its robust support system that empowers teams. In 2020, AAM executed 66 Shainin projects and trained over 325 associates globally in these methodologies. The company quickly transitioned to virtual training amid the COVID-19 pandemic, ensuring continuity in its training initiatives.
American Axle & Manufacturing (AAM) will present at the Citi Global Industrials Conference on February 18 at 11:20 a.m. ET. The presentation will be accessible via a live audio webcast on AAM's Investor Relations page, with a replay available afterward. AAM is a global leader in automotive supply, focusing on driveline and metal forming technologies, serving customers from nearly 80 facilities across 17 countries.
American Axle & Manufacturing (AAM) has secured a significant next-generation axle and driveshaft program for Ram's heavy-duty pickup trucks. This long-term partnership, which extends through 2030, is expected to generate several billion dollars in sales for AAM. AAM aims to leverage its advanced driveline technologies to support Ram's vehicle program, reinforcing their commitment to innovation in automotive technologies. The company operates globally with a focus on manufacturing high-quality driveline and metal forming technologies.
American Axle & Manufacturing Holdings (AXL) reported Q4 2020 sales of $1.44 billion, net income of $36 million, and an Adjusted EBITDA of $261.5 million. For the full year, sales totaled $4.71 billion, reflecting a net loss of $(561.3 million) due to COVID-19 impacts. The company targets 2021 sales between $5.3 - $5.5 billion and an Adjusted EBITDA in the range of $850 - $925 million. AAM expects approximately $600 million in new business backlog from 2021 to 2023, with emphasis on electrification initiatives.
American Axle & Manufacturing (AAM) will hold a conference call on February 12, 2021, at 10:00 a.m. ET to discuss its fourth quarter and full year 2020 financial results. A press release with the results will be published before market open that day. Interested participants can dial (877) 883-0383 from the U.S. or (412) 902-6506 from outside the U.S. The call will also be available via a live audio webcast. A replay will be accessible from February 12 to February 19, 2021.
American Axle & Manufacturing (AXL) and Suzhou Inovance Automotive have announced a technology development agreement to enhance the creation of 3-in-1 electric drive systems, integrating an inverter, electric motor, and gearbox. This collaboration aims to improve power density, efficiency, and cost-effectiveness in the global new energy vehicle market. The first 135 kW model will be launched for a Chinese OEM in Q1 2021, supporting four customer programs from AAM's Changshu Manufacturing Complex. The partnership positions both companies as leaders in electric-propulsion technology.
American Axle & Manufacturing (AAM), trading under AXL, will present at the BofA Securities 2020 Leveraged Finance Virtual Conference on December 2 at 2:15 p.m. ET. The event will be accessible via a live audio webcast on AAM's Investor Relations page, with a replay available afterwards. AAM is a leading automotive supplier that focuses on driveline and metal forming technologies, operating nearly 80 facilities across 17 countries.
American Axle & Manufacturing (AAM) (NYSE: AXL) will present at the Credit Suisse Virtual Industrials Conference on December 3, 2020, at 11:30 a.m. ET. A live audio webcast will be available on AAM's Investor Relations page with a replay accessible afterward. AAM is a leading global automotive supplier specializing in driveline and metal forming technologies, with 20,000 associates across 80 facilities in 17 countries. For more details, visit aam.com.
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