AAM Group Offers Aftermarket Payments Card-Processing Service
The program can save shops $100 or more every month in credit card fees.
AAM to Show Advanced Electrification Solutions at CES
Products including 3-in-1 electric drive units and e-Beam axles will be on display at the AAM exhibit at CES.
Engine Parts Group Joins AAM Group
AAM will assume operations of the Engine Pro program and brand starting January 1, 2023.
AAM Named Overdrive Award Winner by General Motors
AAM was one of 31 companies to earn an Overdrive Award for 2021.
AAM Reports Q4, Full Year 2021 Financial Results
AAM announces $700 million backlog with a significant increase in electrification mix.
AAM Named to Forbes ‘America’s Best Employers 2022’ List
This distinction also makes AAM a top five employer in the automotive industry.
AAM Invests in Autotech Ventures
AAM says it plans to leverage Autotech’s portfolio and expertise to identify new opportunities supporting electrification and other new mobility initiatives.
AAM Names Michael Lynch President, Driveline
Previously, Lynch was AAM’s vice president, finance and controller.
AAM Announces Proposed Senior Notes Offering
AAM intends to use the net proceeds of the offering to fund the redemption of 100% of its outstanding 6.25% senior notes due 2025.
AAM Wins Altair Enlighten Award
In 2018, AAM was the first recipient of the Enlighten Award in the Future of Lightweighting category for lightweighting innovation in conventional driveline technology.
AAM Delivers Strong Results In 2nd Quarter
AAM’s net income in the second quarter of 2021 was $16 million, or $0.13 per share, as compared to a net loss of $(213.2) million, or $(1.88) per share in the second quarter of 2020.
AAM, REE Automotive Partner On Electric Propulsion System
The electric drive units will be developed at AAM’s Advanced Technology and Development Center in Detroit.
