Highlights
A collection of news and information related to American Axle & Manufacturing Holdings Incorporated published by Tribune Company sources.
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GM loses global lead to Toyota
From wire reportsGeneral Motors Corp., pummeled by falling U.S. sales and high gas prices, lost the global sales lead to Toyota Motor Corp. in the first half of this year, but the churning market makes it difficult to predict which automaker will end the year on top....Tags: Vehicles, Toyota Motor Corp., Automotive Equipment, Sales, Emerging Market
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GM posts $15.5 billion 2nd-quarter loss
AP Auto WritersGeneral Motors Corp. said Friday its losses widened to $15.5 billion in the second quarter as North American sales plummeted and the company faced expenses due to labor unrest and its massive restructuring plan. The loss of $27.33 per share is the third-...Tags: Vehicles, Toyota Motor Corp., Automotive Equipment, Sales, Ray Young
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GM Posts $15.5B Loss, Third Worst in History
Associated PressDETROIT -- General Motors Corp. posted a $15.5 billion second-quarter loss Friday, the third-worst quarterly performance in the company's nearly 100-year history. The loss came as North American sales plummeted and GM faced expenses due to labor unrest...Tags: Hummer, Toyota Motor Corp., Prices, Vehicles, Chrysler
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American Axle Expects To Cut 2,000 Factory Jobs
American Axle and Manufacturing Holdings Inc. says it will cut more than half its U.S. hourly work force, or 2,000 jobs.
The auto parts maker says today the cuts will come through early retirement and buyout offers, plant closures and layoffs.
The moves...Tags: Plant Closings, Wages and Pensions, Retirement
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American Axle Reports Progress In Talks With Union
A spokeswoman for American Axle and Manufacturing Holdings Inc. says company and union negotiators made a lot of progress in bargaining Sunday.
But Renee Rogers would not talk about specifics of the negotiations or say if the company and United Auto...Tags: Vehicles, General Motors Corp., Heavy Engineering, New York, Labor Disputes
Jul 24, 2008
|Story| Baltimore Sun
Aug 1, 2008
|Story| Associated Press
Aug 1, 2008
|Story| KTLA-TV
May 28, 2008
|Story| WXMI-TV
May 12, 2008
|Story| WXMI-TV
