American Axle

Lear, other suppliers target Detroit industrial park for new operations

11:03 am U.S. ET | Dec. 14, 2015

Lear plans to double down on its investment in Detroit by establishing a new manufacturing plant in the next two years, joining a city-led effort to create a hub with at least four other automotive suppliers....
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American Axle Q3 profits rise 38%

12:00 pm U.S. ET | Oct. 30, 2015

American Axle & Manufacturing reported a 38-percent increase in third-quarter net income on the strength of sales to non-GM customers....
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American Axle Q2 net grows 12%

10:50 am U.S. ET | July 31, 2015

American Axle & Manufacturing Holdings said today its second-quarter net income increased 12 percent from the year-earlier period to $58.6 million....
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American Axle may land tenants for Detroit site

2:15 pm U.S. ET | May 29, 2015

American Axle & Manufacturing is in talks with prospective manufacturing tenants to be located at its former manufacturing grounds near the company's Detroit headquarters....
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ThyssenKrupp plans to sell axle systems unit, report says

9:40 am U.S. ET | April 14, 2015

German steelmaker ThyssenKrupp is selling its automotive contract assembly unit, which makes axle systems for car makers, as it seeks to streamline its activities and beef up profitability, two sources familiar with the deal told Reuters....
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American Axle Q4, full-year revenues jump on non-GM business

3:18 pm U.S. ET | Feb. 23, 2015

American Axle reported leaps in revenue for the fourth quarter and the year. The powertrain components supplier had lower net income for the quarter but growth for the year....
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