American Axle and Manufacturing Holdings News

AUBURN HILLS - Chrysler LLC will end production of the Dodge Ram at its St. Louis North Assembly plant next month.

American Axle & Manufacturing Holdings Inc. has won an injunction ordering 1 of its key steel suppliers to resume deliveries, easing concerns of a major disruption in the auto parts supply base.

Auto parts supplier American Axle & Manufacturing Holdings Inc. is seeking a court order to get one of its steel suppliers to resume deliveries.

Forget the bailouts and the billions of taxpayer dollars pumped into the rescue of Detroit's auto industry -- the crisis in American manufacturing is far from over.

Here's the dilemma for Michigan and the nation's eroding manufacturing base, and for the National Summit in Detroit this week, which aspires to help solve such thorny economic issues.

Facing evictions, repression, no jobs Workers, youth open fightback at Tent City Published Jun 17, 2009 4:34 PM By Kris Hamel Tent City, Detroit June 16 - Hundreds of poor and working people have gathered at the National People's Summit and Tent City in downtown Detroit to put forward the people's vision of a future with guaranteed jobs and income, ...

A revived manufacturing sector is critical for a recovery of the slumping US economy, business leaders told a national economic summit, underscoring the need for new policies.

Even as two more high-profile auto suppliers face the possibility of bankruptcy this month amid signs the industry's woes are spreading, the U.S. Treasury believes the supply chain is stable enough that more federal aid is not needed immediately.

Some of the most active companies traded Tuesday on the Toronto Stock Exchange and the TSX Venture Exchange: Toronto Stock Exchange : Nuvo Research Inc.

Auto parts supplier American Axle & Manufacturing Holdings Inc. is seeking a court order to get one of its steel suppliers to resume deliveries, saying that cutting off supplies threatens the entire auto supply chain.

About 100 protesters gathered outside the Renaissance Center today during Day 2 of a national economic summit held in Detroit, some of them there in opposition of the appearance of the CEO of American Axle & Manufacturing.

It appears we are back to 2008-type trading; guess what the government is going to bailout next, and place your bets.

Shares of U.S. auto suppliers rose sharply on Wednesday as news that Italian automaker Fiat SpA had completed the purchase of Chrysler LLC's strongest assets erased fears that the U.S. car maker could face liquidation if the deal did not go through.

Automotive parts suppliers plan to seek an additional $8 billion to $10 billion in loan guarantees to help them weather a bleak auto sales environment and the bankruptcy court restructuring of major customers GM and Chrysler.

American Axle & Manufacturing Holdings, Inc. Shares of the Tier 1 supplier of parts and components to the automotive industry have rallied more than 8.5% to a whopping $2.78 today.

Some stocks are one-hit wonders, making a big splash when they first appear, then quickly fizzling into obscurity or oblivion.

American Axle & Manufacturing employees who want to hang on to the auto supplier's stock in their retirement plans will have no choice but to sell it because the company-only stock fund will be discontinued next month.

NEW YORK, N.Y. - A Wachovia analyst said Tuesday that the Detroit-based automakers and their suppliers could be hurt by President Barack Obama's proposal to raise fuel economy standards to an average of 35.5 mpg by 2016.

Detroit June 14-17 People's Summit vs. National Business Summit By Kris Hamel Detroit Published May 17, 2009 9:41 PM Organizers of the People's Summit, including a tent city, in downtown Detroit June 14-17 report momentum is building for the event.

Colfor Manufacturing has laid off or will lay off 589 union and nine nonunion employees as the company "accelerates" its restructure, resize and recover business plan to deal with reductions from customers General Motors and Chrysler.