{"id":435021,"date":"2021-02-12T08:18:32","date_gmt":"2021-02-12T13:18:32","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=435021"},"modified":"2021-02-12T08:18:32","modified_gmt":"2021-02-12T13:18:32","slug":"aam-awarded-next-generation-ram-heavy-duty-axle-and-driveshaft-program","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/aam-awarded-next-generation-ram-heavy-duty-axle-and-driveshaft-program\/","title":{"rendered":"AAM Awarded Next Generation Ram Heavy Duty Axle and Driveshaft Program"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <span class=\"xn-location\">DETROIT<\/span>, <span class=\"xn-chron\">Feb. 12, 2021<\/span> \/PRNewswire\/ &#8212; American Axle &amp; Manufacturing (AAM) has secured the next generation axle and driveshaft program for Ram&#8217;s heavy duty pick-up trucks.\u00a0 As Ram&#8217;s strategic driveline supplier through 2030, AAM expects current and future sales related to this program to exceed several billion dollars over the lifetime of this award. <\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/526564\/AAM_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/526564\/AAM_Logo.jpg\" title=\"AAM logo (PRNewsfoto\/American Axle &amp; Manufacturing)\" alt=\"AAM logo (PRNewsfoto\/American Axle &amp; Manufacturing)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>&#8220;AAM is pleased to continue our long-term partnership with Ram as the supplier of axles and driveshafts for the 2500 and 3500 Heavy Duty pickup trucks. We look forward to providing our latest and most efficient driveline technologies as Ram&#8217;s strategic supplier for the next-generation of this key vehicle program,&#8221; said <span class=\"xn-person\">David C. Dauch<\/span>, AAM&#8217;s Chairman and Chief Executive Officer. &#8220;This vehicle program continues AAM&#8217;s mission to support growth in advanced vehicle technologies.&#8221;<\/p>\n<p>\n        <b>About AAM<\/b><br \/>\n        <br \/>AAM (NYSE: AXL) delivers POWER that moves the world. As a leading global Tier 1 automotive supplier, AAM designs, engineers and manufactures driveline and metal forming technologies that are making the next generation of vehicles smarter, lighter, safer and more efficient. Headquartered in <span class=\"xn-location\">Detroit<\/span>, AAM has approximately 20,000 associates operating at nearly 80 facilities in 17 countries to support our customers on global and regional platforms with a focus on quality, operational excellence and technology leadership. To learn more, visit aam.com.<\/p>\n<p>\n        <b>Forward-Looking Statements<\/b>\n      <\/p>\n<p>\n        <i>This release contains forward-looking statements and other information relating to matters that are not historical facts. These forward-looking statements involve certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied by these statements. These risks and uncertainties include uncertainty around the duration and effects of the COVID-19 pandemic, and the factors detailed from time to time in the reports we file with the SEC, including those described under &#8220;Risk Factors&#8221; in our Annual Report on Form 10-K and our Quarterly Reports on Form 10-Q. These forward-looking statements speak only as of the date of this report. We expressly disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in our expectations with regard thereto or any change in events, conditions or circumstances on which any such statement is based.<\/i>\n      <\/p>\n<p>\n        <b>For more information:<\/b><br \/>\n        <br \/>\n        <u>Investor Contact<\/u><br \/>\n        <br \/>\n        <span class=\"xn-person\">David Lim<\/span><br \/>\n        <br \/>Head of Investor Relations<br \/>(313) 758-2006<br \/><a target=\"_blank\" href=\"mailto:david.lim@aam.com\" rel=\"nofollow noopener noreferrer\">david.lim@aam.com<\/a><\/p>\n<p>\n        <u>Media Contact <\/u><br \/>\n        <br \/>\n        <span class=\"xn-person\">Christopher M. Son<\/span><br \/>\n        <br \/>Vice President, Marketing &amp; Communications<br \/>(313) 758-4814<br \/><a target=\"_blank\" href=\"mailto:chris.son@aam.com\" rel=\"nofollow noopener noreferrer\">chris.son@aam.com<\/a><\/p>\n<p>Or visit the AAM website at <u><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3066280-1&amp;h=2838192645&amp;u=http%3A%2F%2Fwww.aam.com%2F&amp;a=www.aam.com\" rel=\"nofollow noopener noreferrer\">www.aam.com<\/a><\/u>.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\"><\/div>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DE78327&amp;sd=2021-02-12\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/aam-awarded-next-generation-ram-heavy-duty-axle-and-driveshaft-program-301227552.html\">http:\/\/www.prnewswire.com\/news-releases\/aam-awarded-next-generation-ram-heavy-duty-axle-and-driveshaft-program-301227552.html<\/a><\/p>\n<p>SOURCE  American Axle &amp; Manufacturing Holdings, Inc.<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DE78327&amp;Transmission_Id=202102120815PR_NEWS_USPR_____DE78327&amp;DateId=20210212\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire DETROIT, Feb. 12, 2021 \/PRNewswire\/ &#8212; American Axle &amp; Manufacturing (AAM) has secured the next generation axle and driveshaft program for Ram&#8217;s heavy duty pick-up trucks.\u00a0 As Ram&#8217;s strategic driveline supplier through 2030, AAM expects current and future sales related to this program to exceed several billion dollars over the lifetime of this award. &#8220;AAM is pleased to continue our long-term partnership with Ram as the supplier of axles and driveshafts for the 2500 and 3500 Heavy Duty pickup trucks. We look forward to providing our latest and most efficient driveline technologies as Ram&#8217;s strategic supplier for the next-generation of this key vehicle program,&#8221; said David C. Dauch, AAM&#8217;s Chairman and Chief Executive Officer. &#8220;This vehicle program continues &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aam-awarded-next-generation-ram-heavy-duty-axle-and-driveshaft-program\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;AAM Awarded Next Generation Ram Heavy Duty Axle and Driveshaft Program&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-435021","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AAM Awarded Next Generation Ram Heavy Duty Axle and Driveshaft Program - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/aam-awarded-next-generation-ram-heavy-duty-axle-and-driveshaft-program\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AAM Awarded Next Generation Ram Heavy Duty Axle and Driveshaft Program - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire DETROIT, Feb. 12, 2021 \/PRNewswire\/ &#8212; American Axle &amp; Manufacturing (AAM) has secured the next generation axle and driveshaft program for Ram&#8217;s heavy duty pick-up trucks.\u00a0 As Ram&#8217;s strategic driveline supplier through 2030, AAM expects current and future sales related to this program to exceed several billion dollars over the lifetime of this award. &#8220;AAM is pleased to continue our long-term partnership with Ram as the supplier of axles and driveshafts for the 2500 and 3500 Heavy Duty pickup trucks. We look forward to providing our latest and most efficient driveline technologies as Ram&#8217;s strategic supplier for the next-generation of this key vehicle program,&#8221; said David C. Dauch, AAM&#8217;s Chairman and Chief Executive Officer. &#8220;This vehicle program continues &hellip; Continue reading &quot;AAM Awarded Next Generation Ram Heavy Duty Axle and Driveshaft Program&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/aam-awarded-next-generation-ram-heavy-duty-axle-and-driveshaft-program\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2021-02-12T13:18:32+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mma.prnewswire.com\/media\/526564\/AAM_Logo.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aam-awarded-next-generation-ram-heavy-duty-axle-and-driveshaft-program\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aam-awarded-next-generation-ram-heavy-duty-axle-and-driveshaft-program\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"AAM Awarded Next Generation Ram Heavy Duty Axle and Driveshaft Program\",\"datePublished\":\"2021-02-12T13:18:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aam-awarded-next-generation-ram-heavy-duty-axle-and-driveshaft-program\\\/\"},\"wordCount\":424,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aam-awarded-next-generation-ram-heavy-duty-axle-and-driveshaft-program\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mma.prnewswire.com\\\/media\\\/526564\\\/AAM_Logo.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aam-awarded-next-generation-ram-heavy-duty-axle-and-driveshaft-program\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/aam-awarded-next-generation-ram-heavy-duty-axle-and-driveshaft-program\\\/\",\"name\":\"AAM Awarded Next Generation Ram Heavy Duty Axle and Driveshaft Program - 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We look forward to providing our latest and most efficient driveline technologies as Ram&#8217;s strategic supplier for the next-generation of this key vehicle program,&#8221; said David C. 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