Financial Performance - Q2 2025 - Net sales for the quarter were $1.54 billion[5], a decrease of $96.1 million compared to the same period in 2024[15] - Adjusted EBITDA was $202.2 million, representing 13.2% of sales[5] - Adjusted Free Cash Flow for the quarter was $48.7 million[5] - Net income was $39.3 million, or $0.32 diluted EPS[15] Financial Outlook - 2025 - Full year sales are projected to be between $5.75 billion and $5.95 billion[13] - Adjusted EBITDA is targeted between $695 million and $745 million[13] - Adjusted Free Cash Flow is expected to be between $175 million and $215 million[13] Business Updates - AAM and Dowlais stockholders approved the proposed combination on July 15 and 22, 2025, respectively[9] - AAM completed the divestiture of its commercial vehicle business in India to Bharat Forge Limited (BFL) for approximately $65 million[11] - AAM will supply front electric drive units (EDUs) and rear e-Beam axles for Scout Motors' new SUV and pickup truck[10] Liquidity and Debt - Net debt stood at $2.0 billion[22] - The net leverage ratio was 2.8x[22] - The company maintains strong liquidity of over $1.5 billion[22]

Group 1 - American Axle & Manufacturing Holdings, Inc. (AAM) has secured an agreement with Scout Motors to supply front electric drive units (EDUs) and rear e-Beam axles for the upcoming electric Traveler SUV and Terra pickup truck [1] - Both the Scout Traveler SUV and Scout Terra pickup truck will feature a body-on-frame chassis and can be configured with either 100 percent battery electric or gasoline fueled range-extended energy systems [2] - AAM's CEO, David C. Dauch, expressed pride in supporting the Scout brand's revival and emphasized the shared commitment to American design and innovation between AAM and Scout Motors [3] Group 2 - Scout Motors is currently accepting customer order reservations, with initial production of the Traveler and Terra vehicles expected to begin in 2027 [3] - 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 [4] - Scout Motors aims to revitalize the iconic Scout brand, which was originally produced from 1961 to 1980, and is dedicated to creating a new era of trucks and rugged SUVs [5]