More on American Axle's (AXL +6%) Q1: A "commitment to deliver improved profitability and launch...

|About: American Axle & Manufacturi... (AXL)|By:, SA News Editor

More on American Axle's (AXL +6%) Q1: A "commitment to deliver improved profitability and launch performance globally," results in strong Q1 revenues that beat analysts' estimates even after a labor strike at GM's Rayong factory in Thailand subtracted ~$12.5M from total sales. Content-per-vehicle rises to $1,504 from $1,475 in Q1 2012. 2013's primary focus: the "flawless" launch of products "supporting GM's next-generation full-size pickup truck and SUV program [and] the RAM heavy duty pickup truck program." (PR)