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. Its 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. The company is the principal supplier of driveline components to General Motors Company (GM) for its full-size 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 66% of the company’s consolidated net sales in 2015. The company also supplies driveline system products for FCA US LLC (FCA) for heavy-duty Ram full-size pickup trucks and its derivatives, the AWD Jeep Cherokee, the AWD Chrysler 200, and a passenger car driveshaft program. Sales to FCA were approximately 20% of the company’s consolidated net sales in 2015. In addition to GM and FCA, the company supplies driveline systems and other related components to Volkswagen AG; Audi AG; Mercedes-Benz; Jaguar Land Rover Automotive PLC; Honda Motor Co., Ltd.; Ford Motor Company; Nissan Motor Co., Ltd.; PACCAR Inc.; Harley-Davidson Inc.; Daimler Truck; and other original equipment manufacturers (OEMs) and Tier I supplier companies, such as Jatco Ltd. and Hino Motors Ltd. The company’s consolidated net sales to customers other than GM increased 10% in 2015. Business Strategy The company’s strategy includes maintaining its high quality 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; sustaining its operational excellence to deliver exceptional value to its customers; diversifying its business through the growth of new and existing customer relationships and expansion of its product portfolio; and achieving globalization by increasing its presence in global markets to support its customers' platforms. Research and Development In 2015, the company spent $113.9 million on research and development. Seasonality The company’s business is moderately seasonal as its major OEM customers historically have an extended shutdown of operations (typically 1 to 2 weeks) in conjunction with their model year changeover and an approximate one-week shutdown in December. 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
One Dauch Drive
Detroit, MI 48211
The information and data displayed in this profile are created and managed by S&P Global Market Intelligence, a division of S&P Global. Bloomberg.com does not create or control the content.
|No competitor information is available for AXL.|
|View Industry Companies|
Sponsored Financial Commentaries
To contact AMERICAN AXLE & MFG HOLDINGS, please visit www.aam.com. Company data is provided by S&P Global Market Intelligence. Please use this form to report any data issues.