Profile: American Axle & Manufacturing Holdings Inc (AXL)

AXL on New York Consolidated

24.41USD
4 May 2015
Change (% chg)

$0.45 (+1.88%)
Prev Close
$23.96
Open
$24.20
Day's High
$24.89
Day's Low
$24.13
Volume
2,100,866
Avg. Vol
1,110,695
52-wk High
$26.21
52-wk Low
$16.36

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American Axle & Manufacturing Holdings, Inc. incorporated on May 15, 1998, manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles (SUVs), passenger cars, crossover vehicles and commercial vehicles. Driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels. The Company’s driveline, drivetrain and related products include axles, driveheads, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, transmission parts and metal-formed products. As of December 31, 2013, the Company operated in 13 countries and had 35 manufacturing, engineering and business office facilities worldwide. In addition to locations in the United States (Michigan, Ohio, Indiana and Pennsylvania), the Company also has offices or facilities in Brazil, China, Germany, India, Japan, Luxembourg, Mexico, Poland, Scotland, South Korea, Sweden and Thailand.

The Company is a supplier of driveline components to General Motors Company (GM) for its full-size rear-wheel drive (RWD) light trucks and SUVs manufactured in North America, supplying GM's rear axle and four-wheel drive and all-wheel drive (4WD/AWD) axle requirements for these vehicle platforms. Sales to GM were approximately 71% of the Company’s consolidated net sales in 2013. The Company also supplies driveline system products for the Chrysler Group LLC's (Chrysler) heavy-duty Ram full-size pickup trucks and its derivatives, as well as the 2014 AWD Jeep Cherokee. Sales to Chrysler were approximately 12% of the Company’s consolidated net sales in 2013. In addition to GM and Chrysler, the Company supplies driveline systems and other related components to Volkswagen AG, Audi AG, Mack Trucks Inc., PACCAR Inc., Harley-Davidson Inc., Beijing Benz Automotive Co., Ltd., Nissan Motor Co., Ltd., Deere & Company, Scania AB, Tata Motors, Ford Motor Company and other original equipment manufacturers (OEMs) and Tier I supplier companies such as Jatco Ltd. and Hino Motors Ltd.

The Company competes with Dana Holding Corporation, GKN plc, Magna International Inc., ZF Friedrichshafen AG., Linamar Corporation, Meritor Inc., Chrysler Group LLC and Ford Motor Company.

Company Address

American Axle & Manufacturing Holdings Inc

1 Dauch Dr
DETROIT   MI   48211-1198
P: +1313.7583600
F: +1302.6555049

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