UPDATE 2-American Axle posts quarterly loss amid UAW strike

Newswire

(Adds analyst estimates, shares, byline) By Soyoung Kim DETROIT, April 25 (Reuters) - American Axle & Manufacturing Holdings Inc posted a bigger-than-expected quarterly loss on Friday, hit by a strike at five U.S. plants, and it repeated threats to close the factories unless workers accept steep wage cuts. About 3,650 employees represented by the United Auto Workers union went on strike at the plants in New York and Michigan on Feb. 26, after the union and the company failed to ...

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