(Adds details, background) DETROIT, Feb 29 (Reuters) - American Axle & Manufacturing Holdings Inc said on Friday its five U.S. plants subject to a strike by the United Auto Workers union were not profitable and "have not been for years." In a statement, the Detroit-based auto parts supplier said its other U.S. and international plants were profitable because of lower cost structures in those locations. The statement from American Axle came on the fourth day of a strike by the UAW ...
Premium Content (PAID Subscription Required)
"UPDATE 1-American Axle says striking plants unprofitable" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.