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Message Boards Settings American Axle & Manufact. (AXL) - Quote Info
October Auto Sales      3-Nov-09 04:50 pm    
General Motors is AXL's biggest and most important customer. Chrysler is the second most important.

AXL's primary supply item for GM and Chrysler is light truck axles.

General Motors:
Oct-08 light trucks 167,000
Oct-09 light trucks 136,000 DOWN 18%

3rd Qtr light trucks 479,000
3rd Qtr light trucks 326,000 DOWN 31.9%

GM forecasted production for 4th Qtr is
at 381,000 (DOWN 24% from 2008-4th Qtr)

Chrysler sales overall were DOWN 30%.

from LINK: http://www.prnewswire.com/news-releases/...

WHERE is AXL going to get any increased sales?

I am not seeing it.


Sentiment : Strong Sell
Rating :
 (1 Rating)
Rate it:
awful/not related to \pooraveragegoodexcellent

mister7177


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October Auto Sales
mister7177 (1 Rating) 3-Nov-09 04:50 pm  
 
My posts over the last couple of weeks mirror the ...
em7m411 Rate it 3-Nov-09 09:34 pm  
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American Axle & Manufacturing Holdings Inc. (AXL)

Chart for American Axle & Manufacturing Holdings Inc. (AXL)
On Nov 27: 6.20 Down 0.20 (3.13%)
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