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Examples
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American Axle's decision underscores the continued pressure on the UAW to protect job security in the U.S. while dealing with company demands to lower wages so they can compete with their foreign rivals.
American Axle to Close Plant in Blow to UAW Jeff Bennett 2011
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Rumors that Magna International Inc. may place a $23 to $25 cash bid for AXL spurred a rally in the price of the American Axle's shares and drove speculators to options in the name.
Options Players See Upside In Hasbro, Roll With American Axle Andrew Wilkinson 2011
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American Axle's loss narrowed to $288.6 million, or $5.20 a share, from $644.3 million, or $11.89 a share, a year earlier.
American Axle's Loss Narrows Despite Drop in Auto Production 2009
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GM accounted for 23% of Lear's 2008 sales and 74% of American Axle's.
Workout Will Produce Shared Stress Throughout the Auto Business Matthew Dolan, 2009
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Sales to GM account for more than 75% of American Axle's revenue.
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I have Charlie's laughter, Axle's affection and the boys bring dinner now and clean before they go.
Michael Henry Adams: Missing Martha: The Absence of the Essence 2009
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GM accounted for 74% of American Axle's sales in 2008.
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"It's going to make the talks increasingly difficult," he said, referring to American Axle's latest demand.
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American Axle's largest customer, conceded the strike will have an impact on GM's first-quarter earnings, though he added "it's not a huge issue for us" and predicted a prompt resolution.
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Demand for some of American Axle's most profit-rich products in North America -- those for pickup trucks and SUVs -- have been declining.
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