Why AAM

EXPERIENCED & CREDIBLE

A management team that consistently delivers results, utilizes a disciplined approach to capital allocation and has demonstrated the ability to manage through the cyclicality of the industry

Why AAM

STRONG EXECUTION

World-class global manufacturing capabilities and operational excellence leading to superior profit margins

Why AAM

FINANCIAL STRENGTH

Consistently generating strong operating profits and free cash flow while deleveraging the balance sheet

Why AAM

PROFITABLE GROWTH

Solid foundational business complemented by new technologies driving future profitable growth and diversification

Why AAM

DRIVING VALUE

Generating a highly attractive free cash flow yield while expanding our product portfolio on the strength of our technology leadership

  •

  • AXL:

  • Price

    $18.24

  • 0.38 (2.13%)

  • Day High

    $18.53

  • Day Low

    $17.91

Investor News

09/07/18

AAM to Present at the Morgan Stanley 6th Annual Laguna Conference on September 12 ​

DETROIT, September 7, 2018 - American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the Morgan Stanley 6th Annual Laguna Conference on September 12. Starting at 10:15 a.m. PT (1:15 p.m. ET), David C. Dauch, AAM's Chairman and Chief Executive Officer, will discuss recent business developments.

A live audio webcast will be accessible through the Investor Relations page on AAM’s website (www.aam.com). A replay of the webcast will be available following the event.

AAM is a premier, global leader in design, engineering, validation and manufacturing of driveline, metal forming, powertrain, and casting technologies for automotive, commercial and industrial markets.

Headquartered in Detroit, AAM has over 25,000 associates operating at more than 90 facilities in 17 countries to support our customers on global and regional platforms with a focus on quality, operational excellence and technology leadership.  To learn more, visit www.aam.com.

Our presentation may contain “forward-looking” statements that are subject to risks and uncertainties described in our most recent filings on Form 10-K and Form 10-Q with the Securities and Exchange Commission, and actual results may differ materially. Our presentation also may include certain non-GAAP financial measures. Information regarding these non-GAAP measures, as well as a reconciliation of these non-GAAP measures to GAAP financial information, is available on AAM’s website (www.aam.com).

 

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09/04/18

AAM Announces Officer Appointments

DETROIT, Sept. 4, 2018 – American Axle & Manufacturing (NYSE: AXL) announced the following officer appointments:

Alberto L. Satine has been named President, Electrification. Satine will lead the company’s continued transformation into a high-tech electric driveline systems supplier for global automakers. 

Tolga I. Oal, has been appointed President - Driveline Business Unit. Oal will lead AAM's global driveline operations which has 16 facilities in eight countries.

James Voeffray has been named Senior Vice President, Global Sales. Voeffray will focus on enhancing AAM’s customer relationships while continuing AAM’s global organic growth plans.

Voeffray joins AAM from GKN, most recently having served as Senior Vice President - Sales, Marketing and Program Management of their Automotive Driveline Division. In his 20 year career at GKN, Voeffray held several executive positions which also included leading their eDrive business unit.  Before joining GKN, he held various roles at Magna Powertrain Division and Ford Motor Company.

“We are extremely pleased to announce these officer appointments as well as welcome the addition of Jim to the AAM executive management team,” said David C. Dauch, AAM Chairman and Chief Executive Officer.  “These appointments further solidify AAM’s leadership team as we continue to focus on organic growth with our traditional products while expanding our product offerings to propulsion systems that include electrification.”

Complete bios of AAM’s officers can be found on aam.com.

About AAM

AAM (NYSE: AXL) is a premier, global leader in design, engineering, validation and manufacturing of driveline, metal forming, powertrain, and casting technologies for automotive, commercial and industrial markets. Headquartered in Detroit, AAM has over 25,000 associates operating at more than 90 facilities in 17 countries to support our customers on global and regional platforms with a focus on quality, operational excellence and technology leadership.  To learn more, visit www.aam.com.

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08/06/18

AAM to Present at the 2018 J.P. Morgan Autos Conference on August 8

DETROIT, August 6, 2018 - American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the 2018 J.P. Morgan Autos Conference on August 8. Starting at 10:50 a.m. ET, David C. Dauch, AAM's Chairman and Chief Executive Officer, will discuss recent business developments.

A live audio webcast will be accessible through the Investor Relations page on AAM’s website (www.aam.com). A replay of the webcast will be available following the event.

AAM is a premier, global leader in design, engineering, validation and manufacturing of driveline, metal forming, powertrain, and casting technologies for automotive, commercial and industrial markets.

Headquartered in Detroit, AAM has over 25,000 associates operating at more than 90 facilities in 17 countries to support our customers on global and regional platforms with a focus on quality, operational excellence and technology leadership.  To learn more, visit www.aam.com.

Our presentation may contain “forward-looking” statements that are subject to risks and uncertainties described in our most recent filings on Form 10-K and Form 10-Q with the Securities and Exchange Commission, and actual results may differ materially. Our presentation also may include certain non-GAAP financial measures. Information regarding these non-GAAP measures, as well as a reconciliation of these non-GAAP measures to GAAP financial information, is available on AAM’s website (www.aam.com).

 

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Forward-Looking Statement

On this website and elsewhere in attached materials, we make statements concerning our expectations, beliefs, plans, objectives, goals, strategies, and future events or performance.  Such statements are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 and relate to trends and events that may affect our future financial position and operating results.  The terms such as “will,” “may,” “could,” “would,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “project,” "target," and similar words or expressions, as well as statements in future tense, are intended to identify forward-looking statements.

Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and may differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to:

  • reduced purchases of our products by General Motors Company (GM), FCA US LLC (FCA), or other customers;
  • reduced demand for our customers' products (particularly light trucks and sport utility vehicles (SUVs) produced by GM and FCA);
  • our ability to develop and produce new products that reflect market demand;
  • lower-than-anticipated market acceptance of new or existing products;
  • our ability to respond to changes in technology, increased competition or pricing pressures;
  • our ability to attract new customers and programs for new products;
  • our ability to consummate and integrate acquisitions and joint ventures;
  • risks inherent in our international operations (including adverse changes in trade agreements, tariffs, immigration policies, political stability, taxes and other law changes, potential disruptions of production and supply, and currency rate fluctuations, including those resulting from the recent United States presidential election and the United Kingdom's vote to exit the European Union);
  • negative or unexpected tax consequences;
  • liabilities arising from warranty claims, product recall or field actions, product liability and legal proceedings to which we are or may become a party, or the impact of product recall or field actions on our customers;
  • our ability to achieve the level of cost reductions required to sustain global cost competitiveness;
  • supply shortages or price increases in raw materials, utilities or other operating supplies for us or our customers as a result of natural disasters or otherwise;
  • our ability or our customers' and suppliers' ability to successfully launch new product programs on a timely basis;
  • our ability to realize the expected revenues from our new and incremental business backlog;
  • risks related to a failure of our information technology systems and networks, and risks associated with current and emerging technology threats and damage from computer viruses, unauthorized access, cyber attack and other similar disruptions;
  • global economic conditions;
  • our ability to maintain satisfactory labor relations and avoid work stoppages;
  • our suppliers', our customers' and their suppliers' ability to maintain satisfactory labor relations and avoid work stoppages;
  • price volatility in, or reduced availability of, fuel;
  • our ability to protect our intellectual property and successfully defend against assertions made against us;
  • our ability to attract and retain key associates;
  • availability of financing for working capital, capital expenditures, research and development (R&D) or other general corporate purposes including acquisitions, as well as our ability to comply with financial covenants;
  • our customers' and suppliers' availability of financing for working capital, capital expenditures, R&D or other general corporate purposes;
  • changes in liabilities arising from pension and other postretirement benefit obligations;
  • risks of noncompliance with environmental laws and regulations or risks of environmental issues that could result in unforeseen costs at our facilities;
  • adverse changes in laws, government regulations or market conditions affecting our products or our customers' products (such as the Corporate Average Fuel Economy (CAFE) regulations);
  • our ability or our customers' and suppliers' ability to comply with the Dodd-Frank Act and other regulatory requirements and the potential costs of such compliance;  and
  • other unanticipated events and conditions that may hinder our ability to compete.

It is not possible to foresee or identify all such factors and we make no commitment to update any forward-looking statement or to disclose any facts, events or circumstances after the date hereof that may affect the accuracy of any forward-looking statement.