US: AAM’s Q1 net income plunges 85.7% to US$7.3m
American Axle & Manufacturing's (AAM's) net income in the first quarter of 2013 was US$7.3m, or $0.10 per share compared to net income of $51.2m, or $0.68 per share, in the first quarter of 2012, a fall of 86%.
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