UPDATE 1-American Axle profit up on light truck sales

Newswire

(Recasts first sentence, adds details after paragraph 4) DETROIT, July 24 (Reuters) - American Axle & Manufacturing Holdings Inc. on Wednesday reported higher quarterly earnings due to strong sales of light truck components to top customer General Motors Corp. . The parts supplier said productivity improvements and a focus on cost controls also bolstered profit margins. American Axle, which makes axles and steering and suspension systems, said its second-quarter net income rose to ...

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