American Axle & Manufacturing Holdings, Inc : AAM awarded new business featuring patented e-AAM(TM) hybrid & electric driveline system technology DETROIT, MICHIGAN- July 9, 2013 - A commitment to the advancement of hybrid and electric driveline systems has secured AAM a new driveline systems contract featuring e-AAM^TM technology, with Qoros Auto Co., Ltd. (Qoros). Qoros, an automotive manufacturing company headquartered in Shanghai, China and a joint venture between Chery Automobile Co., Ltd. and Israel Corporation, will feature e-AAM^TM technology on a future model year Qoros vehicle. This vehicle will be produced in China for both the Chinese and European automotive markets. e-AAM^TM hybrid and electric driveline systems consist of an electric drive unit, power box unit with an electric drive control module and a proprietary control strategy and software designed for traction and hybrid controls functionality. e-AAM^TM technology provides a cost efficient solution with market leading power density, a high degree of modularity and a full scope of controls and software designed to provide significant benefits to consumers. These features include better fuel efficiency, reduced CO emissions and improved safety, ride and handling performance. "We are extremely pleased to initiate a partnership with Qoros," said AAM President & Chief Executive Officer, David C. Dauch. "Our investment in driveline systems for hybrid and electric vehicles has allowed us to develop an innovative patent-protected product portfolio, enabling AAM to play a leading role in this important new driveline product segment." About AAM AAM (NYSE: AXL) is a world leader in the manufacture, engineering, design and validation of driveline and drivetrain systems and related components and modules, chassis systems and metal-formed products for light trucks, sport utility vehicles, passenger cars and crossover vehicles and commercial vehicles. In addition to locations in the United States (Indiana, Michigan, Ohio, and Pennsylvania), AAM also has offices or facilities in Brazil, China, Germany, India, Japan, Luxembourg, Mexico, Poland, Scotland, South Korea, Sweden and Thailand. ### For more information... Christopher M. Son Director, Investor Relations, Corporate Communications & Marketing +1 313 758 4814 firstname.lastname@example.org Stefan Cartaus Director, Sales & Marketing - AAM Europe +46 6172 138 6000 email@example.com ------------------------------------------------------------------------------ This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: American Axle & Manufacturing Holdings, Inc via Thomson Reuters ONE HUG#1715030
American Axle & Manufacturing Holdings, Inc : AAM awarded new business featuring patented e-AAM(TM) hybrid & electric driveline
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