American Axle & Manufacturing reports Q3 2022 sales at USD1.54 billion, up over 27% y/y
Sales in Q3 2022 was favorably impacted from the recent Tekfor acquisition, besides improved volume and mix
Detroit-based automotive supplier of axles and driveline systems American Axle & Manufacturing (AAM) has reported total sales of USD1.54 billion in Q3 2022, up 27.2% y/y, the company said as it disclosed its quarterly performance on 4 November 2022. AAM’s sales in Q3 2021 stood at USD1.21 billion.
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