American Axle & Manufacturing Holdings, Inc.
One Dauch Drive
Detroit, MI 48211-1198
Phone: (313) 758-2000
Primary SIC Industry Classification
3714 - Motor vehicle parts and accessories
State Of Incorporation
DE
Jurisdiction Of Incorporation
USA
Company Officers
Robin J. Adams, CFO
Joel D. Robinson, COO
Richard E. Dauch, President, CEO
Patrick S. Lancaster, Secretary
SEC Reporting Status
SEC Reporting Company
CIK
0001062231
Fiscal Year End
12/31
Estimated Market Cap
1,089,842,197 as of Apr 1, 2008
Outstanding Shares
53,502,317 as of Feb 18, 2008
Number of Share Holders of Record
430 as of Feb 21, 2008
Security Notes
Latest Addt'l Issue=3-02 9,500,000 shs at $27 by Merrill Lynch & Co. et al.
New Issue=1-99 7,000,000 shs at $17 by Merrill Lynch & Co. et al.
Transfer Agent
Computershare Investor Services LLC,
P.O. Box 2500
Jersey City, NJ 07303-2500
4-2-08
The latest update on the American Axle strike includes what might be a potential break through in the negotiations. A key element in initiating serious discussions between the United Auto Workers and American Axle has been disclosure of key information on how the company calculated future pension costs, prescription drug costs, and profit sharing awards.
Business Week reported today that American Axle and Manufacturing Holdings Inc. has turned over confidential financial information to the United Auto Workers union in a bid to speed negotiations aimed at ending a five-week strike over wages and benefits.
American Axle turned over the information last week after the Detroit company and the UAW signed a confidentiality agreement. The UAW said American Axle provided additional information to bargainers on Tuesday.
Business Week also reported that UAW Vice President James Settles Jr. said in a statement, "We are in the process of reviewing the information provided by the company, to determine if it is fully responsive to our requests."
Settles said the information is needed to evaluate proposals that will affect pensions, health care, profit-sharing and other issues.
HeadlinesFilter Headlines
Moody's May Lower American Axle Ratings
AP(Wed 3:40pm)
Moody's poised to downgrade American Axle
at MarketWatch(Wed 3:16pm)
UAW chief says Axle talks remain 'very difficult'
at Reuters(Wed 2:14pm)
Moody's reviews American Axle for possible downgrade
at MarketWatch(Wed 1:50pm)
American Axle takes lead in strike poll
at bizjournals.com(Wed 11:35am)
[$$] American Axle Gives Union More Information
at The Wall Street Journal Online(Wed 12:00am)
March auto sales drop, GM off 13 percent
Reuters(Tue 7:36pm)
American Axle Gives UAW New Information
AP(Tue 6:44pm)
UPDATE - American Axle provides information to striking UAW
at Reuters(Tue 6:44pm)
Double-digit declines rattle top automakers
at MarketWatch(Tue 4:35pm)
