American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Bank of America's 2023 Global Automotive Summit on April 5. AAM is scheduled to present at 9:40 a.m. ET.
A live audio webcast will be accessible through the Investor Relations page on AAM's website (www.aam.com). A replay of the webcast will be available following the event.
As a leading global Tier 1 Automotive and Mobility Supplier, AAM (NYSE: AXL) designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with 85 facilities in 18 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow. To learn more, visit aam.com.
Our presentation may contain "forward-looking" statements that are subject to risks and uncertainties described in our most recent filings on Form 10-K and Form 10-Q with the Securities and Exchange Commission, and actual results may differ materially. Our presentation also may include certain non-GAAP financial measures. Information regarding these non-GAAP measures, as well as a reconciliation of these non-GAAP measures to GAAP financial information, is available on AAM's website (www.aam.com).
AAM can trace its history to the beginning of the 20th century and the infancy of the automotive industry. The foundation for what is now AAM was established in 1917 when General Motors Corporation built an aircraft parts manufacturing facility in Detroit, on the land where AAM’s World Headquarters and flagship North American facility now stands. Later, automotive parts were added to the product mix. By 1920, two additional plants had been built in Detroit to meet the increased demands of the burgeoning automotive industry. Two additional plants were constructed in Detroit in the ‘40s and ‘50s.
The facilities remained under the General Motors umbrella until late 1992, when General Motors publicly announced that 18 of its manufacturing plants were for sale – five of which encompassed the Final Drive and Forge Business Unit of GM.
In response to the GM announcement, Richard E. Dauch, who had recently retired from the Chrysler Corporation as executive vice president Worldwide Manufacturing, formed a small investment team to purchase five driveline and forging assets that GM had up for sale. On March 1, 1994, AAM became a stand-alone, independent and multi-billion-dollar tier 1 automotive supplier.
Today, AAM delivers POWER that moves the world. As a leading global Tier 1 Automotive and Mobility Supplier, AAM (NYSE: AXL) designs, engineers and manufactures Driveline and Metal Forming technologies to support electric, hybrid and internal combustion vehicles. Headquartered in Detroit with over 80 facilities in 18 countries, AAM is bringing the future faster for a safer and more sustainable tomorrow.