UPDATE 3-American Axle profit up on light-truck parts sales

Newswire

(Adds analyst comments, CFO comments, byline) By Susan Kelly CHICAGO, Oct 30 (Reuters) - American Axle & Manufacturing Holdings Inc. on Thursday reported a 6 percent rise in quarterly net profit as it sold more light-truck parts and reduced costs in the face of lower auto industry production. The auto parts maker also said it expects to report higher earnings, excluding debt refinancing costs, despite slightly lower sales in 2004. American Axle shares reached their highest level ...

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