Technology That Drives The Industry
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Price:
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AXL:
Price:
$5.90
Day High:
$6.14
0.18 (-2.96%)
Day Low:
$5.85
2017 Barclays Global Automotive Conference
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American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate at the 2017 Barclays Global Automotive Conference on November 16. AAM is scheduled to present at 9:50 a.m. ET.
A live audio webcast will be accessible through the Investor Relations page on AAM’s website (www.aam.com). A replay of the webcast will be available following the event.
Click here to read the press release.
Investor News
Investor News
9/5/2024
AAM to Present at Morgan Stanley’s 12th Annual Laguna Conference on September 12
DETROIT, September 5, 2024 - - American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Morgan Stanley’s 12th Annual Laguna Conference on September 12.
AAM is scheduled to webcast the fireside chat presentation at 3:45 p.m. PT. The live audio webcast will be accessible through the Investor Relations page on AAM’s website (www.aam.com). A replay of the webcast will be available following the event.
About AAM
As a leading global Tier 1 Automotive and Mobility Supplier, AAM (NYSE: AXL) designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with over 80 facilities in 18 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow. To learn more, visit aam.com.
Our presentation may contain “forward-looking” statements that are subject to risks and uncertainties described in our most recent filings on Form 10-K and Form 10-Q with the Securities and Exchange Commission, and actual results may differ materially. Our presentation also may include certain non-GAAP financial measures. Information regarding these non-GAAP measures, as well as a reconciliation of these non-GAAP measures to GAAP financial information, is available on AAM’s website (www.aam.com).
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For more information:
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Investor Contact David H. Lim (313) 758-2006
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Media Contact Christopher M. Son |
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8/27/2024
Milestone Moments: AAM Launches EcoTrac®
Picture a sunny day where your vehicle intuitively knows when to switch from all-wheel drive to front-wheel drive, optimizing fuel efficiency without sacrificing performance. This is the brilliance behind EcoTrac®—a technology that demonstrates AAM’s commitments to Quality, Technology Leadership and Operational Excellence. For the past 30 years, we've been turning simple ideas into state-of-the-art automotive technologies. Read on as we dive into the story of EcoTrac, one of AAM’s most ingenious innovations.
EcoTrac is AAM’s cutting-edge disconnecting all-wheel-drive (AWD) technology. This system allows an AWD vehicle to disconnect the mechanical components driving the rear wheels when AWD isn’t necessary, effectively turning the vehicle into a front-wheel-drive (FWD) powerhouse. The main advantage? Significantly improved fuel economy. Imagine reaping the benefits of an AWD system without the constant fuel consumption—EcoTrac makes that possible!
The journey of EcoTrac began in the early 2000s. AAM’s Jim Downs, Executive Director – PE Innovation, was frustrated with the challenge of selling automotive clutches and came into the office one day with a bold new idea. He sketched the concept on a whiteboard, and from there, it went from drawing to reality. The goal was simple yet revolutionary: to create a system that could disconnect the automotive driveline seamlessly and untraditionally. This innovation was the first of its kind, earning a patent in the late 2000s.
EcoTrac's development was a collaborative effort that combined the expertise of AAM's Advanced Engineering team with other electronics and software teams. The team initially started their development with a 2005 Chevy Equinox, eventually expanding their efforts to include other vehicles, such as the Dodge Journey. This process was hands-on and dynamic; they even drove a prototype car to business meetings to personally demonstrate the technology's capabilities. This direct approach not only showcased the effectiveness of EcoTrac but also played a crucial role in securing business by impressively outperforming competitors in real-world demonstrations.
The concept behind EcoTrac is both simple and brilliant. When conditions are optimal, like that sunny drive during a clear day, the system disengages the driveline to the rear wheels, offering fuel economy akin to a FWD vehicle. It achieves this through a combination of a wet friction plate clutch in the rear (inside the Rear Drive Module (RDM) and a mechanical dog clutch in the Power Transfer Unit (PTU)). Advanced software seamlessly synchronizes the engagements and disengagements, ensuring drivers never notice the transitions.
EcoTrac stands out with a few industry-first features and benefits. It uses AAM-developed vehicle controls and a smart actuator, providing improved vehicle handling and off-road capability. Optional two-speed disconnecting PTU and two-speed RDM with electronic locking capability make it more versatile. By disconnecting at the PTU, EcoTrac stops the driveshaft from spinning when the system is off, leading to reduced fuel consumption and fewer emissions.
But EcoTrac isn’t only about fuel efficiency; it's also about smart performance. Dozens of triggers, such as freezing temperatures, windshield wiper activity and slower speeds, signal the system to re-engage AWD preemptively to provide safety and stability when needed. This dual functionality means that drivers enjoy optimal fuel savings without sacrificing the safety and performance benefits of AWD.
Today, fuel economy is more critical than ever, and AWD remains highly desirable for its safety and performance benefits. EcoTrac bridges these needs, delivering the best of both worlds. As the automotive industry continues to change, EcoTrac stands as an example of AAM’s commitment to innovation.
Learn more about EcoTrac here.
AAM Milestone Moments is a monthly series celebrating and reflecting on key achievements in AAM’s 30-year history. Ranging from watershed innovations and technological advances to foundational programs and community initiatives that are part of AAM’s DNA, these AAM Milestone Moments will each tell an important piece of the AAM story.
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- Experienced and proven management team
- Strong core business focused on high demand products, complimented by global profitable growth opportunities
- Flexible and variable cost structure with a proven track record of effectively adjusting our business to current market demand
- Superior profit margin and strong free cash flow yield driven by AAM's operating system and the benefit of vertical integration
- Highly innovative and scalable electrification propulsion technologies designed to accelerate growth and serve multiple regions, customers and vehicle segments
2017 Barclays Global Automotive Conference
Add to:
American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate at the 2017 Barclays Global Automotive Conference on November 16. AAM is scheduled to present at 9:50 a.m. ET.
A live audio webcast will be accessible through the Investor Relations page on AAM’s website (www.aam.com). A replay of the webcast will be available following the event.
Click here to read the press release.
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Forward-Looking Statement
On this website and elsewhere in attached materials, we make statements concerning our expectations, beliefs, plans, objectives, goals, strategies, and future events or performance. Such statements are “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995 and relate to trends and events that may affect our future financial position and operating results. The terms such as “will,” “may,” “could,” “would,” “plan,” “believe,” “expect,” “anticipate,” “intend,” “project,” "target," and similar words or expressions, as well as statements in future tense, are intended to identify forward-looking statements.
Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management’s good faith belief as of that time with respect to future events and are subject to risks and may differ materially from those expressed in or suggested by the forward-looking statements. Important factors that could cause such differences include, but are not limited to:
- reduced purchases of our products by General Motors Company (GM), FCA US LLC (FCA), or other customers;
- reduced demand for our customers' products (particularly light trucks and sport utility vehicles (SUVs) produced by GM and FCA);
- our ability to develop and produce new products that reflect market demand;
- lower-than-anticipated market acceptance of new or existing products;
- our ability to respond to changes in technology, increased competition or pricing pressures;
- our ability to attract new customers and programs for new products;
- our ability to consummate and integrate acquisitions and joint ventures;
- risks inherent in our international operations (including adverse changes in trade agreements, tariffs, immigration policies, political stability, taxes and other law changes, potential disruptions of production and supply, and currency rate fluctuations, including those resulting from the recent United States presidential election and the United Kingdom's vote to exit the European Union);
- negative or unexpected tax consequences;
- liabilities arising from warranty claims, product recall or field actions, product liability and legal proceedings to which we are or may become a party, or the impact of product recall or field actions on our customers;
- our ability to achieve the level of cost reductions required to sustain global cost competitiveness;
- supply shortages or price increases in raw materials, utilities or other operating supplies for us or our customers as a result of natural disasters or otherwise;
- our ability or our customers' and suppliers' ability to successfully launch new product programs on a timely basis;
- our ability to realize the expected revenues from our new and incremental business backlog;
- risks related to a failure of our information technology systems and networks, and risks associated with current and emerging technology threats and damage from computer viruses, unauthorized access, cyber attack and other similar disruptions;
- global economic conditions;
- our ability to maintain satisfactory labor relations and avoid work stoppages;
- our suppliers', our customers' and their suppliers' ability to maintain satisfactory labor relations and avoid work stoppages;
- price volatility in, or reduced availability of, fuel;
- our ability to protect our intellectual property and successfully defend against assertions made against us;
- our ability to attract and retain key associates;
- availability of financing for working capital, capital expenditures, research and development (R&D) or other general corporate purposes including acquisitions, as well as our ability to comply with financial covenants;
- our customers' and suppliers' availability of financing for working capital, capital expenditures, R&D or other general corporate purposes;
- changes in liabilities arising from pension and other postretirement benefit obligations;
- risks of noncompliance with environmental laws and regulations or risks of environmental issues that could result in unforeseen costs at our facilities;
- adverse changes in laws, government regulations or market conditions affecting our products or our customers' products (such as the Corporate Average Fuel Economy (CAFE) regulations);
- our ability or our customers' and suppliers' ability to comply with the Dodd-Frank Act and other regulatory requirements and the potential costs of such compliance; and
- other unanticipated events and conditions that may hinder our ability to compete.
It is not possible to foresee or identify all such factors and we make no commitment to update any forward-looking statement or to disclose any facts, events or circumstances after the date hereof that may affect the accuracy of any forward-looking statement.
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