AAM’s sales in the first quarter of 2022 were $1.44 billion versus $1.43 billion in Q1 2021.

Sales were hit by the semiconductor chip shortage and there were also metal cost rises and a foreign exchange hit.

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Net income of $1.0 million, or $0.01 a share, compared with $38.6 million, or $0.33 a share.

Full year revised 2022 financial targets are sales in the range of $5.6 – $5.8 billion and adjusted EBITDA of $785 million – $830 million based on North American light vehicle production of 14.3 million – 14.7 million units.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

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Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

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