AAM's Q1 net sales fall 7.4% y/y to USD1.7 billion
Net income during the quarter more than halved to USD41.6 million
American Axle & Manufacturing (AAM) has reported a fall of 7.4% year-on-year in its net sales to USD1.7 billion during the first quarter ended 31 March 2019, according to a company press release on 3 May.
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