Profile: American Axle & Manufacturing Holdings Inc (AXL.N)

AXL.N on New York Stock Exchange

19.42USD
11 Jul 2014
Price Change (% chg)

$0.02 (+0.10%)
Prev Close
$19.40
Open
$19.38
Day's High
$19.51
Day's Low
$19.18
Volume
182,255
Avg. Vol
302,328
52-wk High
$21.47
52-wk Low
$17.05

Search Stocks

American Axle & Manufacturing Holdings, Inc. (AAM) 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, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, driveheads, transmission parts and metal-formed products.

AAM is a supplier of driveline components to General Motors Company (GM) for its rear-wheel drive (RWD) light trucks and SUVs manufactured in North America, supplying all of GM's rear axle and front four-wheel drive and all-wheel drive (4WD/AWD) axle requirements for these vehicle platforms. During the year ended December 31, 2011, sales to GM were approximately 73% of its total net revenue. As of December 31, 2011, the Company operated in 13 countries and had 34 manufacturing, engineering and business office facilities worldwide.

The Company is a supplier of driveline system products for Chrysler Group LLC's (Chrysler) heavy-duty Dodge Ram full-size pickup trucks (Dodge Ram program) and its derivatives. During 2011, sales to Chrysler were approximately 8% of its total net revenue. In addition to GM and Chrysler, AAM supplies driveline systems and other related components to Volkswagen AG (Volkswagen), Audi AG (Audi), Scania AB, Mack Trucks Inc. (Mack Truck), PACCAR Inc., Nissan Motor Co., Ltd. (Nissan), Harley-Davidson Inc., Tata Motors, Ford Motor Company (Ford), Deere & Company and other original equipment manufacturers (OEMs) and Tier I supplier companies.

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

Company Address

American Axle & Manufacturing Holdings Inc

ONE DAUCH DRIVE
DETROIT   MI   48211-1198
P: +1313.7583600
F: +1302.6555049

Search Stocks