AAM reports 10-fold jump in 2022 net income on higher sales

News
Financial results

Expects net sales in the range of USD5.95–USD6.25 billion this year

American Axle & Manufacturing (AAM) has reported more than 10-fold increase in net income to USD64.3 million in the financial year ended 31 December 2022, the US-based driveline specialist said in a press release on 17 February.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload