American Axle and Manufacturing expects sales of US$2.8-2.9bn in 2012, above analysts’ expectation of US$2.83bn.
According to Reuters, the company also plans to expand its customer base to 50% non-GM by 2015. In 2011, non-GM customers were estimated at 30%.
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The forecast assumes US vehicle sales will increase to 13.0-13.5m units in 2012 compared to 12.8m in 2011.
