Investor News

06/11/18

​AAM to Supply AWD PTUs for Global Ford Crossovers

DETROIT, June 11, 2018 -- American Axle & Manufacturing (NYSE: AXL) will supply Power Transfer Units (PTU) for Ford Motor Co. crossover vehicles with all-wheel drive (AWD) starting with the 2019 Ford Edge and Lincoln Nautilus. The new contract expands AAM and Ford’s relationship while supporting global growth in the popular crossover segment.

“Sales of crossover vehicles continue to significantly grow in markets around the globe,” said David C. Dauch, AAM Chairman and Chief Executive Officer. “Crossover buyers want a vehicle that is fuel efficient and safe. AAM’s PTU helps deliver power while increasing efficiency.”

The PTU is the heart of the vehicles’ Intelligent AWD, which uses sensors to constantly monitor traction and assist the driver through difficult weather and challenging road conditions. It balances torque between the front and rear wheels to enhance handling and maximizes traction before wheelslip can even occur.

Located on a vehicle’s transmission, the PTU directs power to the RDM via the driveshaft when torque is needed. When only front wheel drive is required, AAM’s PTU disconnects and stops spinning the driveshaft no longer sending power to the RDM. Less spinning helps increase efficiency and reduces emissions while still providing enhanced safety when needed.

The PTU is part of AAM’s family of EcoTrac® Disconnecting AWD solutions, which include disconnecting PTUs, multi-piece driveshafts, rear drive modules with electronic control units and torque transfer devices.

AAM introduced the industry’s first disconnecting AWD system in late 2013. Since then AAM has supplied more than 600,000 disconnecting AWD units that help make vehicles safer, smart and more efficient.

AAM will manufacture EcoTrac in several facilities around the globe including Three Rivers, Mich.; Guanajuato, Mexico; Changshu, China and Świdnica, Poland.  By the end of 2020, EcoTrac will represent about $800 million of annual revenue for AAM in global markets.

 

06/07/18

Cadillac XT4 to Feature AAM’s AWD Power Transfer Unit ​

DETROIT, June 7, 2018 – When the Cadillac XT4 goes on sale later this year, driveline technology from American Axle & Manufacturing (NYSE: AXL) will help provide exceptional vehicle efficiency while still allowing for the added functionality of all-wheel drive (AWD).

The vehicle’s twin clutch AWD system features an AAM Power Transfer Unit (PTU) that allows the driver to decouple the driveshaft and rear axle to reduce drivetrain losses when not in AWD mode. This system enables the driver to select AWD mode when needed or have similar fuel economy to front wheel drive models when not needed.

“The crossover segment is the industry’s fastest growing luxury segment and AAM is growing with the segment and Cadillac,” said David C. Dauch, AAM Chairman and Chief Executive Officer. “AAM’s PTU provides discerning customers in this premium brand the functionality of AWD, but with improved fuel economy and emissions when compared to conventional AWD systems.”

Attached to the vehicle’s transmission, AAM’s PTU sends power through the driveshaft to the rear drive module (RDM) when torque is needed. When AWD mode is turned off, AAM’s PTU stops rotating the driveshaft and sending power to the RDM. This mechanism helps increase fuel economy and reduce emissions.

The Cadillac XT4 PTU is part of AAM’s family of EcoTrac® Disconnecting AWD solutions, which include disconnecting PTUs, multi-piece driveshafts, rear drive modules with electronic control units and torque transfer devices.

 

06/05/18

AAM to Host an Investor Day on June 14

DETROIT, June 5, 2018 - American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will host an Investor Day on June 14, 2018 at the New York Stock Exchange. David C. Dauch, Chairman and Chief Executive Officer, and members of AAM’s executive management team, will provide an update on the company's business.

To attend the event in person, please send an email to jason.parsons@aam.com by 5 p.m. on June 8, 2018. Pre-registration is required as space is limited.

A live audio webcast will be accessible starting with 11:00 a.m. EST 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).

 

 

Forward-Looking Statement