American Axle & Manufacturing Awarded Driveline Design and Manufacturing Responsibilities for Future GM Vehicles
American Axle & Manufacturing Awarded Driveline Design and Manufacturing Responsibilities for Future GM Vehicles
DETROIT, July 10 American Axle & Manufacturing Holdings, Inc. (AAM), which is traded as AXL on the NYSE, announced today that it had been selected as a driveline system and module supplier for a major future General Motors Corporation product program. In addition, AAM will be the systems integrator for the future program, with responsibility for driveline system, module and component design. "We are extremely pleased that General Motors has recognized our unmatched capabilities in designing premier driveline systems and modules and selected us for this critical program," said AAM Co-Founder, Chairman and CEO Richard E. Dauch. "Our engineers have dedicated themselves to designing components, systems and modules using state-of-the art equipment and technologies to meet the changing needs of the OEM marketplace." AAM is a world leader in the manufacture, engineering, validation and design of driveline systems, chassis systems and forged products for trucks, buses, sport utility vehicles and passenger cars. In addition to its 14 locations in the United States (in Michigan, New York and Ohio), AAM also has offices and facilities in Brazil, England, Germany, Japan, Mexico and Scotland. Certain statements contained in this press release which are not historical facts contain forward-looking information with respect to the Company's plans, projections or future performance, the occurrence of which involves risk and uncertainties that could cause the company's actual results or plans to differ materially from those expected by the company which include risk factors described in the Company's filings with the Securities and Exchange Commission. For more information ... Media relations contact Investor relations contact Carrie L.P. Gray Robert A. Krause Director, Marketing & Corporate Relations Vice President & Treasurer (313) 974-2598 (313) 974-3074 grayc@aam.com krauser@aam.com Or visit the AAM website at http://www.aam.com