Last $24.35 USD
Change Today -0.46 / -1.85%
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As of 8:04 PM 01/30/15 All times are local (Market data is delayed by at least 15 minutes).

american axle & mfg holdings (AXL) Key Developments

American Axle & Manufacturing Inc. Appoints Donald L. Joseph as President of AAM Asia

American Axle & Manufacturing Inc. announced that Donald L. Joseph has been appointed as President - AAM Asia (Vice President -AAM Corporate). In this role, he will continue to lead AAM's regional business, engineering and manufacturing activity from AAM's Asia Headquarters and Engineering Center located in Shanghai, China. Joseph joined AAM in 1994 as a Manufacturing Manager at AAM's Three Rivers Manufacturing Facility.

American Axle & Manufacturing Holdings Inc. Presents at Deutsche Bank 2015 Global Auto Industry Conference, Jan-14-2015 09:30 AM

American Axle & Manufacturing Holdings Inc. Presents at Deutsche Bank 2015 Global Auto Industry Conference, Jan-14-2015 09:30 AM. Venue: MGM Grand Detroit, 1777 Third Street, Detroit, MI 48226, United States. Speakers: David C. Dauch, Chairman of the Board, Chief Executive Officer, President, Chairman of Executive Committee and Member of Strategy Committee, Michael K. Simonte, Chief Financial Officer, Chief Accounting Officer and Executive Vice President.

American Axle & Manufacturing, Inc. Announces Executive Changes

American Axle & Manufacturing Inc. announced the new officer appointments. Nigel Francis has been appointed as Vice President, Corporate Planning. Francis joins the company having recently served as a Senior Automotive Adviser to the State of Michigan and Senior Vice President, Automotive Industry Office, Michigan Economic Development Corporation. Francis has nearly 30 years of experience in the global automotive sector, encompassing both technical and technology management, having spent the majority of his career in advanced design and engineering product development and in recent years, he has been closely involved with clean technology through hybrid and electric vehicle development. Jon R. Morrison has been appointed President, AAM North America (Vice President, AAM Corporate). Morrison joins AAM from WABCO Holdings Inc., having most recently served as Vice President Vehicle Dynamics and Controls. In Morrison's 30-year career in the automotive industry, he has held responsibilities in Finance, Manufacturing, Sales and Marketing, Engineering and global customer relationship management.

American Axle & Manufacturing Holdings Inc. Presents at Barclays Global Automotive Conference, Nov-19-2014 01:30 PM

American Axle & Manufacturing Holdings Inc. Presents at Barclays Global Automotive Conference, Nov-19-2014 01:30 PM. Venue: Barclays Headquarters, New York, New York, United States. Speakers: Michael K. Simonte, Chief Financial Officer, Chief Accounting Officer and Executive Vice President.

AAM Launches Gear Set Rebate Promotion

AAM launched a new rebate promotion for its 8.6" gear sets. The promotion begins November 1, 2014 and ends March 31, 2015. Qualifying purchases made during that time period will be eligible for a $20 Visa card. The promotion applies only to AAM 8.6" gear sets for axle ratios of 3.73, 3.42 or 4.10. These sets are designed for a variety of GM vehicles with a 10 bolt rear axle. AAM kits are packaged with the replacement parts industry in mind. Each differential gear kit contains authentic side and pinion gears that were included with the axle when the vehicle was built. Each gear set is built to withstand the high level demands in terms of noise, vibration and harshness reductions that OE vehicle manufacturers require. Net shape gears deliver the fit and performance the replacement market demands while providing a low manufacturing cost to keep the repair bill as affordable as possible.

 

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AXL

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Valuation AXL Industry Range
Price/Earnings 11.5x
Price/Sales 0.5x
Price/Book 10.9x
Price/Cash Flow 11.2x
TEV/Sales 0.0x
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