American Axle and Manufacturing Bonds, Short Term, High Yield, Fixed Income Investment, Yielding 6.7% YTM

This week, Durig looks at the auto industry to focus on a manufacturer who supplies components to many of the industry’s leader auto makers. American Axle & Manufacturing (NYSE:AXL), a leading supplier of driveline technology, recently released its second quarter results.  The company registered solid free cash flow, net cash from operations and improving EBITDA and EBITDA margins (see bullets above).

Large Leading Companies Announce Major Profit Shortfall with Some Surprising Growth

Auto Industry: Tesla, GM, Ford, Trump and China Updates