American Axle & Mfg. Holdings Inc. lands a contract to supply axles, driveshafts and brake and suspension parts to General Motors Corp. from 2006 to 2015. The contract also calls for AAM to perform design work and select other suppliers for the driveline system. The pact is worth more than $1.5 billion annually, about half of last year’s total revenue of $3.11 billion, AAM says. Analysts say the contract likely involves replacements for GM’s fullsize pickup trucks and SUVs. AAM also ...
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