American Axle & Manufacturing Announces Launch of Ssangyong Motors Driveline System
28 Aprile 2005 - 3:01PM
PR Newswire (US)
American Axle & Manufacturing Announces Launch of Ssangyong
Motors Driveline System DETROIT, April 28 /PRNewswire-FirstCall/ --
American Axle & Manufacturing Holdings, Inc. (AAM), which is
traded as AXL on the NYSE, today announced the initial launch of
the driveline systems for Ssangyong Motors' Rexton and D100 sport
utility vehicles (SUV). The vehicles incorporate AAM's independent
rear drive axles (IRDA) and independent front drive axles (IFDA).
AAM content will appear on future Ssangyong models including an
all-wheel-drive/rear-wheel- drive car. The independent front drive
axle (IFDA), which will launch early next year, incorporates AAM's
proven PowerLite(R) aluminum Integrated Oil Pan (IOP) design for
reduced noise, vibration and harshness (NVH) and improved
packaging. The IOP provides lower vehicle height and weight
reduction for improved fuel economy, as well as improved road
handling, performance, durability, and operating temperature
control. The newly launched IRDA utilizes AAM's PowerLite(R)
aluminum carrier and state-of-the-art, high technology
PowerDense(R) ring and pinion gear design. Produced using advanced
material, thermal and mechanical processes, PowerDense gear sets
are capable of carrying more torque in a smaller package. "The
launch of this program marks several milestones for AAM," says AAM
Co-Founder, Chairman & CEO Richard E. Dauch. "It marks our
first major penetration into the Asian market and demonstrates our
ability to compete globally and earn new business based on our
customers' quality, manufacturing, technology and delivery
requirements anywhere in the world." AAM is a world leader in the
manufacture, engineering, design and validation of driveline
systems and related components and modules, chassis systems and
metal-formed products for light trucks, sport utility vehicles and
passenger cars. In addition to its locations in the United States
(in Michigan, New York and Ohio), AAM also has offices or
facilities in Brazil, China, England, Germany, India, Japan,
Mexico, Scotland and South Korea. Certain statements contained in
this press release which are not historical facts contain
forward-looking information with respect to the Company's plans,
projections or future performance, the occurrence of which involves
risk and uncertainties that could cause the Company's actual
results or plans to differ materially from those expected by the
Company which include risk factors described in the Company's
filings with the Securities and Exchange Commission. For more
information ... Carrie L.P. Gray Christopher M. Son Director,
Corporate Relations Director, Investor Relations (313) 758-4880
(313) 758-4814 Or visit the AAM website at http://www.aam.com/
DATASOURCE: American Axle & Manufacturing Holdings, Inc.
CONTACT: Carrie L.P. Gray, Director, Corporate Relations,
+1-313-758-4880, or Christopher M. Son, Director, Investor
Relations, +1-313-758-4814, , both of American Axle &
Manufacturing Holdings, Inc. Web site: http://www.aam.com/ Company
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