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Stock Market & Financial Investment News

News Breaks
February 8, 2013
09:49 EDTAXLAmerican Axle targeting 2015 revenue over $4B
AAM said it is targeting full year sales to exceed $4.0B and over $500M of EBITDA in 2015. This sales and EBITDA projection is based on the anticipated launch schedule of programs in AAM's new and incremental business backlog and the assumption that the U.S. SAAR is approximately 15.0M vehicle units in 2015, the company said.
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