Suppliers see opportunity as auto industry shifts to mobilityTue, 14, Feb 2017
American Axle Q4 net falls 25% as demand slowsFri, 10, Feb 2017
GM's $1 billion investment plan to take toll on American AxleWed, 18, Jan 2017
General Motors' plan to invest $1 billion into U.S. factories and add thousands of jobs comes at the expense of one Detroit supplier. American Axle & Manufacturing is losing part of its business to supply GM's next-generation full-size pickup trucks and SUVs.
American Axle CEO chides analysts over dealFri, 25, Nov 2016
American Axle to face new risks, board changes after Metaldyne dealTue, 08, Nov 2016
American Axle's bold move last week to acquire Metaldyne in a $3.3 billion deal is an operational win, but local experts say the deal is expensive and carries new financial risk, along with the addition of new, potentially challenging board room dynamics for management.
Merger eases American Axle lossMon, 07, Nov 2016
Last week, American Axle announced plans to acquire Metaldyne Performance Group Inc. for $3.3 billion, a deal that allows it to declare that it is truly independent of its former parent, General Motors.
American Axle to buy Metaldyne for $3.3 billionThu, 03, Nov 2016
American Axle & Manufacturing agreed to acquire Metaldyne Performance Group for $3.3 billion in cash, stock and debt. The deal, expected to close during the first half of 2017, creates a supplier with a broad lineup of drivetrain, driveline and powertrain components and systems.
American Axle poised to open Detroit tech centerTue, 02, Aug 2016
American Axle & Manufacturing, the Detroit manufacturer of driveline systems, is on track for the formal opening of its $30 million Advanced Technology Development Center this year, according to Nigel Francis, the supplier's vice president of advanced engineering and electrification systems.
American Axle Q2 net income rises 21%Fri, 29, Jul 2016
American Axle & Manufacturing's net income climbed 21 percent to $71 million in the second quarter from the year-earlier period, the supplier reported today. The company's revenue rose 2.1 percent to $1.02 billion in the quarter.
American Axle Q1 profits rise 15% on lower costsFri, 06, May 2016
American Axle Q4 net income rises, shares surgeFri, 12, Feb 2016
Lear, other suppliers target Detroit industrial park for new operationsMon, 14, Dec 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.