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American Axle profit slips, sales increase in second quarter

American Axle & Manufacturing Holdings Inc. took another supply chain-related hit to its bottom line in the second quarter but offered a better-than-expected financial outlook through the end of the year. ....

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American Axle said to explore a sale of company

Detroit-based American Axle & Manufacturing Holdings Inc., the $773 million auto-parts supplier, is exploring a potential sale, according to people familiar with the matter.The company has hired an adviser to help with the process, the people said, asking not to be identified discussing privateā€¦ ....

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