American Axle & Manufacturing’s first quarter 2020 sales falls 22.1% y/y to USD1.34 billion

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Financial results

Sales were unfavorably impacted by COVID-19 pandemic by approximately USD169 million

Components maker American Axle & Manufacturing’s (AAM) net sales declined 21.8% y/y to USD1.34 billion in the first quarter ended 31 March 2020, according to a company press release on 8 May

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