American Axle & Manufacturing Holdings INC
Market Movers (8-K)
Dauch Corporation announced the ratification of a new four-year collective bargaining agreement with UAW Local 2093 at its Three Rivers Manufacturing Facility, enabling operations to resume.
Dauch Corporation reported first quarter 2026 results, showing significant sales growth driven by the Dowlais acquisition, alongside a net loss and adjusted EBITDA of $308.5 million.
Worse than expected
Dauch Corporation's annual stockholder meeting saw approval of an amended incentive plan and ratification of Deloitte & Touche LLP as independent auditors, with directors elected and executive compensation receiving advisory approval.
Dauch Corporation stockholders approved the Amended 2018 Omnibus Incentive Plan and re-elected directors at the 2026 annual meeting.
Dauch Corporation has terminated the employment of Tolga Oal, President of Axle Systems, effective April 16, 2026.
Dauch Corporation finalized its $1.7 billion acquisition of Dowlais Group plc, releasing pro forma financial statements and details on the financing structure.
Better than expected
Capital raise
Quarterly Earnings (10-Q)
Dauch Corporation reports Q1 2026 financial results reflecting the completed acquisition of Dowlais Group plc, resulting in a net loss of $100.3 million.
Worse than expected
American Axle & Manufacturing reports mixed Q3 results with strategic acquisition costs and tax benefits, alongside declining sales and an EV program termination.
Worse than expected
Capital raise
Delay expected
American Axle & Manufacturing Holdings, Inc. reported a significant increase in net income and EPS for Q2 2025, primarily driven by a gain from a business combination derivative, despite a decline in net sales and operating income.
Capital raise
Better than expected
American Axle & Manufacturing Holdings reports a decrease in net sales and operating income for Q1 2025, influenced by lower production volumes and costs related to the pending acquisition of Dowlais Group plc.
Capital raise
Worse than expected
10-Q: American Axle & Manufacturing Holdings Reports Q3 2024 Results, Announces Sale of Indian Business
American Axle & Manufacturing Holdings reported a net income of $10 million for the third quarter of 2024, a significant improvement compared to a net loss of $17.4 million in the same period last year, while also announcing the sale of its Indian commercial vehicle axle business.
Better than expected
10-Q: American Axle & Manufacturing Holdings Reports Improved Q2 2024 Results Amidst Market Volatility
American Axle & Manufacturing Holdings (AAM) reported improved financial results for the second quarter of 2024, driven by increased production volumes, despite facing challenges in the electric vehicle market.
Better than expected
Annual Reports (10-K)
Dauch Corporation reports a net loss for 2025, driven by acquisition costs and EV program termination, while strategically integrating Dowlais Group and expanding its powertrain-agnostic portfolio.
Delay expected
Worse than expected
Capital raise
American Axle & Manufacturing (AAM) reports increased net sales and operating income for 2024, while also announcing a pending acquisition of Dowlais Group plc.
Capital raise
American Axle & Manufacturing Holdings, Inc. provides a detailed overview of its common stock, business operations, financial results, and future outlook in its annual 10-K filing.
Worse than expected
Delay expected
Insider Trading (Form 4)
Terri M. Kemp, SVP - Chief of Staff at Dauch Corp, was granted 186,568 restricted stock units on May 4, 2026.
Joshua A. Sherbin, General Counsel & Secretary of Dauch Corp, received a grant of performance-based and restricted stock units.
Director David B. Walker acquired 29,773 restricted stock units in Dauch Corp, vesting on the one-year anniversary of the grant.
Director Simon Mackenzie Smith was granted 29,773 restricted stock units in Dauch Corp, vesting in one year.
Director Samuel Valenti III acquired 29,773 restricted stock units in Dauch Corp as part of an equity compensation grant.
Director Sandra E. Pierce acquired 29,773 restricted stock units in Dauch Corp, vesting on the one-year anniversary of the grant.
Proxy Statements (Def-14A)
Dauch Corporation's latest proxy statement outlines 2025 financial results, the transformative Dowlais Group acquisition, and key proposals for the upcoming April 2026 annual shareholder meeting.
Worse than expected
Dowlais Group PLC has published the Scheme Document for its recommended cash and share combination with American Axle & Manufacturing Holdings, Inc., outlining the terms, conditions, and timeline for the proposed merger.
DEFA14A: American Axle Secures Key EV Contract with Scout Motors, Advances Major Dowlais Acquisition
American Axle & Manufacturing Holdings, Inc. (AAM) announced a significant new contract with Scout Motors for electric vehicle components and provided updates on its strategic acquisition of Dowlais, emphasizing diversification and synergy realization.
American Axle & Manufacturing Holdings, Inc. (AAM) and Dowlais are set to combine, creating a leading global driveline and metal forming supplier with projected annual revenues of approximately $12 billion and significant synergy potential.
Capital raise
DEFA14A: American Axle & Manufacturing Adjusts Dowlais Acquisition Terms Following Share Cancellation
American Axle & Manufacturing Holdings, Inc. has increased the per-share consideration for its acquisition of Dowlais Group plc following the cancellation of 27.8 million Dowlais shares, without altering the total transaction value.
American Axle & Manufacturing Holdings, Inc. has filed an amendment to its proxy statement, increasing the per-share consideration for its proposed acquisition of Dowlais Group plc following the cancellation of 27.8 million Dowlais shares previously held by an employee trust.
Capital raise
Schedule 13G - Passive Investments
FMR LLC and Abigail P. Johnson have reported a 4.3% beneficial ownership stake in Dauch Corporation as of March 31, 2026.
Dimensional Fund Advisors LP has disclosed a beneficial ownership of 8,158,758 shares, representing 3.4% of the outstanding common stock of Dauch Corporation.
The Vanguard Group has filed an amended Schedule 13G, reporting 0% beneficial ownership in Dauch Corporation following an internal realignment.
Millennium Management LLC and related entities report a 0.7% passive stake in Dauch Corporation common stock via an amended Schedule 13G.
FMR LLC and Abigail P. Johnson have reported a 5.3% beneficial ownership stake in American Axle & Manufacturing Holdings Inc. as of December 31, 2025.
Millennium Management LLC, Millennium Group Management LLC, and Israel A. Englander have jointly disclosed a passive 6.2% beneficial ownership stake in Dauch Corporation.