American Axle's Q1 net income plunges

AAM HQ_smaller_i_i.jpg — American Axle & Manufacturing Inc. joins much of the OEM supplier base this week in reporting bleak performances. (American Axle & Manufacturing Inc.)

By:

Crain's Detroit Business

May 06, 2022 05:28 PM

American Axle & Manufacturing Holdings Inc. saw its first-quarter net income nearly evaporate while it tries to manage the immediate disruption of supply chain volatility and the longer-term challenge of electrification.

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