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AAM Recognized by General Motors as Winner of Coveted Overdrive Award
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AAM to Announce Second Quarter 2021 Financial Results on July 30
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AAM to Present at the Deutsche Bank Global Auto Industry Conference on June 17
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DETROIT, May 7, 2021 /PRNewswire/ American Axle & Manufacturing (AAM) issued the below statement on the passing of Mort Harris, who helped Richard E. Dauch establish AAM in 1994. Â The AAM family was saddened to hear of the passing of Mort Harris, said AAM Chairman and Chief Executive Officer, David C. Dauch. Mort was a great man and a special person that meant so much to so many. He certainly had a strong and positive influence on all that knew him. Mort lived an extraordinary life and was an accomplished businessman and philanthropist. His support was instrumental in the founding of American Axle & Manufacturing. We extend our deepest sympathies to the Harris family.
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DETROIT, May 7, 2021 /PRNewswire/ American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will receive $5 million in funding from the U.S. Department of Energy to advance development of its next generation Electric Drive Technology.
The cooperative agreement from the Office of Energy Efficiency and Renewable Energy (EERE) on behalf of the Vehicle Technologies Office is funding research projects in advanced batteries and electrification; advanced engine and fuel technologies, including technologies for off-road applications and alternative fueled engines; lightweight materials; new mobility technologies (energy efficient mobility systems) and alternative fuels technology demonstrations.
AAM will use the cooperative agreement funding to further the development of a low cost, high-performance, heavy rare earth-free 3-in-1 electric drive unit. AAM s 3-in-1 electric drive unit integrates power electronics with the electric motor and ge