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American Axle & Manufacturing Holdings Inc.'s second-quarter net income fell because of supply chain challenges and other cost inefficiencies, while revenue rose marginally. The Detroit-based supplier of primarily drivetrain components and systems said Friday that net income fell 65% to $8…
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American Axle & Manufacturing Holdings Inc. took another supply chain-related hit to its bottom line in the second quarter but offered a better-than-expected financial outlook through the end of the year.
/PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) today reported its financial results for the second quarter 2022. Second...