Group 1 - American Axle & Manufacturing Holdings, Inc. (AAM) will participate in the J.P. Morgan 2025 Auto Conference on August 12, 2025, with a webcast scheduled for 10:20 a.m. ET [1] - AAM is a leading global Tier 1 Automotive and Mobility Supplier, focusing on Driveline and Metal Forming technologies for electric, hybrid, and internal combustion vehicles [2] - The company is headquartered in Detroit, MI, and operates over 75 facilities across 15 countries, emphasizing a commitment to a safer and more sustainable future [2]

Core Insights - American Axle & Manufacturing (AAM) has appointed David B. Walker to its Board of Directors, enhancing the board's expertise in financing, strategy, acquisitions, and investment opportunities [1][2]. Company Overview - AAM is a leading global Tier 1 Automotive and Mobility Supplier, specializing in designing, engineering, and manufacturing Driveline and Metal Forming technologies for electric, hybrid, and internal combustion vehicles [4]. - The company is headquartered in Detroit and operates over 75 facilities across 15 countries, focusing on creating a safer and more sustainable future [4]. Leadership Background - David B. Walker has 35 years of experience in advising global companies and recently served as Vice Chairman of Investment Banking at J.P. Morgan until June 2025 [2]. - His previous roles at J.P. Morgan included Head of the Automotive Group and Global Co-Head of the Diversified Industries Group, indicating a strong background in the automotive sector [2].

Core Insights - American Axle & Manufacturing Holdings, Inc. (AAM) reported a year-over-year increase in Adjusted EBITDA margin for Q2 2025, attributed to productivity improvements and cost controls [2][4] - AAM's sales for Q2 2025 were $1.54 billion, a decrease from $1.63 billion in Q2 2024, primarily due to lower volume and mix [2][4] - The company is progressing towards a combination with Dowlais, having received approval from both sets of shareholders, which is expected to enhance its position as a global auto supplier [2][3] Financial Performance - AAM's net income for Q2 2025 was $39.3 million, or $0.32 per share, compared to $18.2 million, or $0.15 per share in Q2 2024, representing an increase in net income margin from 1.1% to 2.6% [3][4] - Adjusted EBITDA for Q2 2025 was $202.2 million, or 13.2% of sales, down from $208.4 million, or 12.8% of sales in Q2 2024 [4][29] - Net cash provided by operating activities decreased to $91.9 million in Q2 2025 from $142.8 million in Q2 2024, while Adjusted free cash flow also fell to $48.7 million from $97.9 million [4][33] Updated Financial Outlook - AAM has updated its full-year 2025 financial targets, now projecting sales between $5.75 billion and $5.95 billion, and Adjusted EBITDA between $695 million and $745 million [7][35] - The company anticipates Adjusted free cash flow to be in the range of $175 million to $215 million, assuming capital spending of approximately 5% of sales [7][35] - AAM's production estimates for North American light vehicles are approximately 14.6 to 15.1 million units for 2025 [7]

Group 1 - American Axle & Manufacturing Holdings, Inc. (AAM) will hold a conference call to discuss second quarter financial results on August 8, 2025 [1] - A press release with the financial results will be issued before the market opens on the same day [1] - The conference call can be accessed via phone or live audio webcast, with a replay available for a limited time [2] Group 2 - AAM is a leading global Tier 1 Automotive and Mobility Supplier, focusing on driveline and metal forming technologies for various vehicle types [3] - The company is headquartered in Detroit, MI, and operates over 75 facilities across 16 countries [3] - AAM aims to support the transition to electric, hybrid, and internal combustion vehicles for a safer and more sustainable future [3]

Core Viewpoint - American Axle & Manufacturing Holdings, Inc. (AAM) has received approval from its stockholders for the proposed acquisition of Dowlais Group plc, marking a significant step towards creating a leading global automotive supplier [1][4] Group 1: Transaction Details - AAM stockholders approved all proposals related to the acquisition of Dowlais, which is expected to close in the fourth quarter of 2025, pending Dowlais shareholder approval and other regulatory conditions [1][3] - The combined entity is projected to generate annual revenues of approximately $12 billion on a non-adjusted basis, enhancing AAM's geographic presence across various automotive segments, including internal combustion engines, hybrids, and electric powertrains [2] Group 2: Leadership and Strategic Vision - David C. Dauch, Chairman and CEO of AAM, will continue to lead the combined company, emphasizing the value creation opportunity and the ability to navigate industry shifts and volatility [4] - AAM plans to seek a secondary listing on the London Stock Exchange for its common stock, including new shares issued in connection with the acquisition [2]

Core Points - American Axle & Manufacturing Holdings, Inc. (AAM) recognized top suppliers during its annual Supplier Day event, awarding Supplier of the Year and Supplier Excellence Awards based on delivery, quality, launch performance, innovation, and sustainability [1][2][8] Supplier Awards - Baoding Dongli Machinery Co., Ltd. received the Supplier of the Year Award for Direct Material, recognized for providing 88 iron-casting, steel-forging, and aluminum parts to AAM's facilities in Europe and China, and establishing local warehouses [3] - Steel Dynamics Inc. – Engineered Bar Products Division was awarded the Supplier of the Year Award for Direct Material for supplying nearly 75,000 tons of steel with outstanding quality performance [4] - Okuma America Corporation was honored with the Supplier of the Year Award for Indirect Material for consistently delivering high-quality CNC machine tools that enhance AAM's manufacturing capabilities [5] Supplier Excellence Awards - A total of 13 suppliers received Supplier Excellence Awards for their performance in various categories, including delivery, quality, launch performance, innovation, and sustainability [6][8] - The suppliers recognized for their excellence include Mecanica Garcia Industrial, Warren Industries, Webco Industries, Inc., Bocar, Guangdong Hongteo Technology Co., Ltd., Tubos De Acero De Mexico S.A. (Tenaris), Johnson Electric Otomotiv Ürünleri Limited Şirketi, Wayne Manufacturing, Zouping Tiansheng Metal Technology Co., Ltd., Ansys, Apera AI, Neural Concept, and CEVA Logistics [7][8] Company Overview - AAM is a leading global Tier 1 automotive supplier specializing in driveline and metal forming technologies, supporting electric, hybrid, and internal combustion vehicles, with over 75 facilities in 16 countries [9]

Group 1 - American Axle & Manufacturing Holdings, Inc. (AAM) will participate in the Deutsche Bank 2025 Global Auto Industry Conference on June 11, 2025 [1] - AAM's fireside chat presentation is scheduled to be webcast at 1:25 p.m. ET, with a replay available after the event [1] - AAM is a leading global Tier 1 Automotive and Mobility Supplier, focusing on Driveline and Metal Forming technologies for electric, hybrid, and internal combustion vehicles [2] Group 2 - AAM is headquartered in Detroit, MI, and operates over 75 facilities across 16 countries [2] - The company aims to accelerate the future of automotive technology for a safer and more sustainable tomorrow [2]

Core Viewpoint - American Axle & Manufacturing Holdings, Inc. (AAM) reported a decline in sales and net income for the first quarter of 2025, but achieved positive year-over-year operating cash flow due to cost control and productivity improvements [2][3][4]. Financial Performance - AAM's sales for Q1 2025 were $1.41 billion, down from $1.61 billion in Q1 2024, primarily due to lower volumes [2][6]. - The net income for Q1 2025 was $7.1 million, or $0.06 per share, compared to $20.5 million, or $0.17 per share, in Q1 2024 [3][6]. - Adjusted EBITDA for Q1 2025 was $177.3 million, representing 12.6% of sales, down from $205.6 million, or 12.8% of sales, in Q1 2024 [4][6]. Cash Flow and Capital Expenditures - Net cash provided by operating activities for Q1 2025 was $55.9 million, significantly higher than $17.8 million in Q1 2024 [4][30]. - Adjusted free cash flow for Q1 2025 was $(3.9) million, an improvement from $(21.4) million in Q1 2024 [4][35]. Updated Financial Outlook - AAM revised its full-year 2025 sales target to a range of $5.65 billion to $5.95 billion, down from the previous range of $5.8 billion to $6.05 billion [7]. - The company is targeting Adjusted EBITDA between $665 million and $745 million, reduced from the prior range of $700 million to $760 million [7]. - Adjusted free cash flow is now expected to be between $165 million and $215 million, down from the previous target of $200 million to $230 million [7]. Segment Performance - In Q1 2025, the Driveline segment generated sales of $957.8 million, down from $1,106.4 million in Q1 2024, while the Metal Forming segment saw sales decrease to $575.8 million from $644.1 million [36]. - Total segment Adjusted EBITDA for Q1 2025 was $177.3 million, compared to $205.6 million in Q1 2024 [36]. Company Overview - AAM is a leading global Tier 1 automotive and mobility supplier, focusing on driveline and metal forming technologies for electric, hybrid, and internal combustion vehicles [15]. - The company is headquartered in Detroit and operates over 75 facilities across 16 countries [15].