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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 (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.
American Axle & Manufacturing Holdings, Inc. (AAM) (NYSE: AXL) will hold a conference call on November 4, 2022, at 10:00 a.m. ET to discuss its third-quarter financial results. A press release with the results will be issued before the market opens that day. Participants can join the call via telephone or through a live audio webcast available on AAM's investor website. The audio replay will be accessible for one week following the call. AAM designs and manufactures technologies for electric, hybrid, and internal combustion vehicles and operates nearly 85 facilities worldwide.
On September 19, 2022, American Axle & Manufacturing Holdings (NYSE: AXL) received three prestigious Automotive News PACE awards for its innovative electric drive technologies. The awards included a PACE Award for its P3 2-speed Electric Drive Technology, a PACE Innovation Partnership Award with Mercedes-AMG, and a PACEpilot Innovation to Watch accolade for the P4 Integrated 3-In-1 Wheel-End Electric Drive Unit. These honors reinforce AAM's leadership in electrification within the automotive industry, building upon prior recognitions for its electric innovations.
American Axle & Manufacturing Holdings (AXL) will participate in two major conferences: the RBC Capital Markets Global Industrials Conference on September 13 and Morgan Stanley's 10th Annual Laguna Conference on September 14. Management is expected to address significant industry trends, particularly production volatility. AAM will webcast its presentation at the Morgan Stanley conference on September 14 at 11:05 a.m. PT, accessible via the company's Investor Relations page.
American Axle & Manufacturing Holdings (NYSE: AXL) will participate in the J.P. Morgan Auto Conference on August 10, 2022. The company is scheduled to present at 8:00 a.m. ET. A live audio webcast will be accessible through the Investor Relations page on AAM's website, with a replay available after the event.
Headquartered in Detroit, AAM specializes in Driveline and Metal Forming technologies for electric, hybrid, and internal combustion vehicles, operating nearly 85 facilities across 18 countries.
American Axle & Manufacturing (AXL) reported strong second quarter 2022 results with sales of $1.44 billion, an increase from $1.28 billion in Q2 2021. Net income rose to $22.9 million, or $0.19 per share, compared to $16.0 million a year earlier. Adjusted EBITDA was $195.1 million, a 13.6% margin, down from 17.3%. The company anticipates full-year sales between $5.75 - $5.95 billion and adjusted EBITDA of $790 - $830 million. The positive impact of the Tekfor acquisition is expected in 2023.
American Axle & Manufacturing Holdings (AXL) will hold a conference call on August 5, 2022, at 10:00 a.m. ET to discuss its second quarter results. A press release detailing the financial results will be available before market opening on the same day. Participants can join via phone or listen online at www.aam.com. A replay will be available for one week following the call. AAM, a leader in automotive and mobility solutions, operates nearly 80 facilities across 17 countries.
American Axle & Manufacturing (AXL) held its 28th Annual Supplier Day, awarding top suppliers for excellence in various categories. Webco Industries and Incora were honored as Supplier of the Year for their contributions to the company's operations. Webco excelled in launching new programs and maintaining flexibility, while Incora supported sustainability initiatives. Additionally, ten suppliers received the Supplier Excellence Award, chosen based on delivery performance, product quality, and innovation. This recognition highlights the importance of supplier partnerships in AAM's mission to deliver top driveline and EV technologies.
American Axle & Manufacturing (NYSE: AXL) announced that its electric driveline technology is powering the Mercedes-AMG GT 63 S E PERFORMANCE, the first plug-in hybrid electric model from AMG. AAM supplies the vehicle's rear drive unit, which is a finalist for the 2022 Automotive News PACE™ Award. The electric drive unit features a compact design with a two-speed gearbox and eLSD, providing superior performance with 620 kW/843 hp and a 0-62 mph time of 2.9 seconds. This partnership highlights AAM's position as a leading supplier in the electric drive technology market.
American Axle & Manufacturing (NYSE: AXL) will participate in Deutsche Bank's Global Auto Industry Conference on June 15, 2022, at 2:20 p.m. ET. A live audio webcast of the presentation will be available on AAM's Investor Relations page, with a replay accessible after the event. AAM, a leading Tier 1 Automotive Supplier, focuses on Driveline and Metal Forming technologies for various vehicle types, including electric and hybrid models. The company is headquartered in Detroit and operates nearly 80 facilities across 17 countries.
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