American Axle & Manufacturing Holdings, Inc. (NYSE: AXL – news) today reaffirmed that it is on track to meet the current Wall Street analysts’ estimates for the third quarter of 2000 which range from 43 cents per share to 50 cents per share, with an average of 48 cents per share.
We want our investors to know that our prospects for the third-quarter 2000 financial performance remain unchanged despite some of the recent issues that are currently negatively impacting the auto sector, said Chairman, CEO & President Richard E. Dauch.
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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.
