US: American Axle reports further progress in Q1

American Axle & Manufacturing (AAM) has reported revenue of US$521.9m in Q1 2010, an increase of US$119.5m, or 29.7% from the US$404.4m seen in the same prior-year quarter. Non-GM revenue amounted to US$124.1m, equating to 23.8% of total net revenue. On a sequential basis, total net revenue in the latest Subscribe to Automotive World to … Continued

• By Webmaster
• April 30, 2010