While reporting financial results for the first quarter on Friday, American Axle & Manufacturing Holdings, Inc. or AAM (AXL) said it now expects sales for the full-year 2025 in a range of $5.65 billion to $5.95 billion, down from the prior guidance range of $5.8 billion to $6.05 billion.
On average, eight analysts polled expect the company to report revenues of $5.82 billion for the year.
The company said the guidance is based on assumption of North American light vehicle production of approximately 14.0 million to 15.1 million units.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.