AxlesAmerican Axle hopes demolition of Detroit complex will spark interest in property 12:21 pm U.S. ET | June 18, 2013  American Axle & Manufacturing's historic Detroit Manufacturing Complex is set for demolition as the supplier pushes forward with a new plan to unload the shuttered property.... Read More »
American Axle Q1 earnings fall on debt refinance, program costs 1:44 pm U.S. ET | May 3, 2013  Auto parts maker American Axle & Manufacturing said net income fell 86 percent in the first quarter, citing debt refinancing and high costs for new-vehicle launches.... Read More »
GM strike in Thailand costs American Axle $15 million 3:37 pm U.S. ET | March 28, 2013 A labor strike at GM's plant in Rayong, Thailand, over the last few months is hitting the supply chain.... Read More »
American Axle's new CEO says Europe woes may prompt deals 8:47 pm U.S. ET | Sept. 19, 2012  The turmoil in Europe's auto industry may present an opportunity for American Axle and Manufacturing Holdings to acquire distressed assets, new CEO David Dauch said in an interview on Wednesday.... Read More »
American Axle 2Q profit falls on restructuring moves 4:16 pm U.S. ET | July 27, 2012  American Axle and Manufacturing Holdings said Friday that quarterly net income fell as expenses rose and the company wrote off the cost of closing of plants in Michigan and New York. American Axle's second-quarter net profit fell to $4.7 million from last year's $49.2 million.... Read More »
BorgWarner, Dana reduce forecasts on declining demand in EuropeJuly 27, 2012 06:01 CET BorgWarner and Dana lowered their forecasts for annual sales and profit because of the economic slowdown in Europe and other markets. The revised forecasts reflect the financial difficulties their customers are having in Europe, which is headed for its fifth-straight year of declining sales.... Read More »
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Special Report
 Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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