Technology That Drives The Industry
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Price:
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Day High:
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AXL:
Price:
$5.91
Day High:
$5.98
0.02 (0.34%)
Day Low:
$5.76
2020 Virtual Annual Meeting of Stockholders
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American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) announced today that it is changing the location for the 2020 Annual Meeting of Stockholders and will hold it virtually in order to comply with governmental guidelines and to support the well-being of our associates and stockholders in light of the coronavirus pandemic.
The Annual Meeting of Stockholders will not be held in person but will instead be held in a web-based audio format on Thursday, May 7, 2020, at 8:00 a.m., Eastern Time.
Only stockholders of record at the close of business on March 12, 2020 are entitled to attend and vote at the meeting. To be admitted to the meeting, stockholders must enter their control number found in the previously distributed proxy materials. If you hold your shares through an intermediary, such as a bank or broker, a control number must be obtained in advance to attend the meeting, to vote during the meeting, or to submit questions during the meeting. For more information, please refer to our additional proxy materials filed with the Securities and Exchange Commission.
The virtual meeting will be accessible at: www.meetingcenter.io/272714345 and the password for the meeting is AXL2020. During the meeting, stockholders will be able to vote and submit questions pertinent to meeting matters through the virtual meeting website.
AAM encourages stockholders to vote and submit proxies in advance of the Annual Meeting as described in the proxy materials.
Click here to view the press release.
Investor News
Investor News
1/2/2025
AAM Returns to CES 2025 to Showcase Innovative Automotive Solutions
DETROIT, January 2, 2025 -- American Axle & Manufacturing (AAM), (NYSE: AXLE) will have its industry-leading technology on display for the third consecutive year at the 2025 Consumer Electronics Show, the world’s most influential global tech event, held Jan. 7-10 in Las Vegas.
This year, AAM will feature a variety of driveline and powertrain technologies that support electric, hybrid and internal combustion vehicles. AAM has been at the forefront of creating solutions for the industry’s transition to electric mobility with a focus on driveline technology. Several AAM technologies and components will be on display in interactive exhibits and demonstration vehicles featuring various OEM partners.
“CES is the premier event to demonstrate the breadth and depth of our innovative products and connect with other companies working on the latest mobility technologies,” said David C. Dauch, AAM Chairman and Chief Executive Officer. “AAM continues to support a rapidly changing global auto industry with a versatile product lineup that covers the broad spectrum of electrified propulsion systems including hybrids, plug-in hybrids and fully battery-electric vehicles, and lighter, more efficient solutions for internal combustion engines.”
Hybrid and Electric Drive Technology
AAM will highlight its best-in-class propulsion technology for both hybrid and fully electric powertrains. The Mercedes AMG GT 63 S E Performance sedan will be on display, which features AAM’s award winning Electric Drive Unit (EDU) providing a power/torque output of 150 kW (204 hp).
e-Beam Technology
AAM’s innovative 3-in-1 e-Beam technology will also be on display in a uniquely designed battery electric light-duty truck. The light-duty pickup truck, built entirely by AAM engineers from a production internal combustion engine platform, features a single 150kW (204 hp) Electric Drive Unit (EDU) driving the front wheels and a 425kW (570 hp) e-Beam in the rear.
In addition, AAM will feature cross-sectioned heavy-duty 3-in-1 and light-duty 2-in-1 e-Beam configurations to provide attendees with an inside look at how the power flows within these innovative machines.
Component Technology
A full assortment of new and improved components including rotor shafts, park lock actuators, output shafts and differentials, and more, will be on display. AAM’s SmartBar disconnecting stabilizer bar will be featured, showing the off-road advantage it provides. Even traditional AAM components used to support internal combustion engine vehicles have come a long way and include the latest electronic features, sensors and software. These technologies are designed and manufactured all over the world for various OEM customers, demonstrating how AAM continues to play a key role in the transformation happening across the global automotive industry.
The AAM exhibit is in the West Hall (#6100) at the Las Vegas Convention Center. AAM experts will be onsite to discuss the company’s commitment to innovation and provide hands-on demonstrations of its latest technology.
About AAM
As a leading global Tier 1 Automotive and Mobility Supplier, AAM 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.
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For more information:
Contact:
Christopher M. Son
Vice President, Marketing & Communications
(313) 758-4814
chris.son@aam.com
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11/27/2024
AAM to Present at the UBS Global Industrials and Transportation Conference
DETROIT, November 27, 2024 - - American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in the UBS Global Industrials and Transportation Conference on December 4.
AAM is scheduled to webcast the presentation at 1:00 p.m. ET. 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 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 may also 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.
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For more information:
Investor Contact:
David H. Lim
Head of Investor Relations
(313) 758-2006 david.lim@aam.com
Media Contact:
Christopher M. Son
Vice President, Marketing & Communications
(313) 758-4814
chris.son@aam.com
Or visit the AAM website at www.aam.com.
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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
2020 Virtual Annual Meeting of Stockholders
Add to:
American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) announced today that it is changing the location for the 2020 Annual Meeting of Stockholders and will hold it virtually in order to comply with governmental guidelines and to support the well-being of our associates and stockholders in light of the coronavirus pandemic.
The Annual Meeting of Stockholders will not be held in person but will instead be held in a web-based audio format on Thursday, May 7, 2020, at 8:00 a.m., Eastern Time.
Only stockholders of record at the close of business on March 12, 2020 are entitled to attend and vote at the meeting. To be admitted to the meeting, stockholders must enter their control number found in the previously distributed proxy materials. If you hold your shares through an intermediary, such as a bank or broker, a control number must be obtained in advance to attend the meeting, to vote during the meeting, or to submit questions during the meeting. For more information, please refer to our additional proxy materials filed with the Securities and Exchange Commission.
The virtual meeting will be accessible at: www.meetingcenter.io/272714345 and the password for the meeting is AXL2020. During the meeting, stockholders will be able to vote and submit questions pertinent to meeting matters through the virtual meeting website.
AAM encourages stockholders to vote and submit proxies in advance of the Annual Meeting as described in the proxy materials.
Click here to view 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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