American Axle & Manufacturing Holdings, Inc. manufactures, engineers, designs and validates driveline and drivetrain systems and related components and chassis modules for light trucks, sport utility vehicles (SUVs), passenger cars, crossover vehicles and commercial vehicles. The company’s driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels. The company’s driveline, drivetrain and related products include axles, driveheads, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, transmission parts, electric drive systems and metal-formed products. In addition to locations in the United States (Michigan, Ohio, Indiana and Pennsylvania), it has offices or facilities in Brazil, China, Germany, India, Japan, Luxembourg, Mexico, Poland, Scotland, South Korea, Sweden, and Thailand. Business Strategy The key elements of the company’s strategy include maintaining its standards, which are the foundation of its product durability and reliability; achieving technology leadership by delivering innovative driveline products, which improve the diversification of its product portfolio while increasing its total global served market; diversifying its business through the growth of new and existing customer relationships and expansion of its product portfolio; achieving globalization by increasing its presence in global markets to support its customers' platforms; and achieve solid financial performance to build value for its key stakeholders. Research and Development For the fiscal year ended December 31, 2014, the company’s research and development spending was $103.9 million. Customers The company is the principal supplier of driveline components to General Motors Company (GM) for its rear-wheel drive light trucks and SUVs manufactured in North America, supplying all of GM's rear axle and four-wheel drive and all-wheel drive axle requirements for these vehicle platforms. Sales to GM were approximately 68% of the company’s consolidated net sales in 2014. The company also supplies driveline system products for the FCA US LLC for heavy-duty Ram full-size pickup trucks and its derivatives, as well as the AWD Jeep Cherokee and the AWD Chrysler 200. Sales to FCA US LLC were approximately 18% of the company’s consolidated net sales in 2014. The company supplies driveline systems and other related components to Volkswagen AG; Audi AG; Mack Trucks Inc.; Harley-Davidson Inc.; Nissan Motor Co., Ltd.; PACCAR Inc.; Honda Motor Co., Ltd.; Jaguar Land Rover Limited; Daimler Truck, Deere & Company; and Ford Motor Company. It also serves original equipment manufacturers and Tier I supplier companies, such as Jatco Ltd. and Hino Motors Ltd. Its consolidated net sales to customers other than GM increased 29% to $1,199.9 million in 2014. Competition The company’s principal competitors include Dana Holding Corporation; GKN plc; Magna International Inc.; ZF Friedrichshafen AG; Linamar Corporation; and Meritor Inc. History American Axle & Manufacturing Holdings, Inc. was founded in 1994.
american axle & mfg holdings
(AXL:New York Consolidated)
One Dauch Drive
Detroit, MI 48211
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