American Axle & Manufacturing Holdings (AAM) said sales in the second quarter of 2024 were US$1.63bn compared to $1.57bn in Q2 2023, favourably impacted by volume and mix.

Net income was $18.2m, or $0.15 per share and 1.1% of sales, versus $8m, $0.07 and 0.5% respectively a year ago.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Adjusted earnings per share in Q2 2024 was $0.19 compared to $0.12.

Adjusted EBITDA was $208.4m, or 12.8% of sales, compared with $191.6m and 12.2%.

Updated full year 2024 targets are: sales in the range of $6.1-$6.3bn vs $6.05-$6.35bn prior, adjusted EBITDA $705-$755mm ($685-$750m) based on North American light vehicle production of approximately 15.8m 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.

Excellence in Action
Neonode has won the Innovation Award for Driver Monitoring Software for its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.

Discover the Impact