American Axle Mfg. & Holdings Inc. says a 81-day strike by United Auto Workers union members at the parts supplier’s U.S. locations in Michigan and New York cost it $370 million in 2008 sales and about 250,000 vehicle units of production. During a conference call today with Wall Street analysts and members of the media, AAM also estimates 2008 sales of between $2.5 billion and $2.6 billion, $750 million short of the $3.25 billion in revenues it booked in 2007. The company bases the ...
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