UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date
of report (Date of earliest event reported): May 5, 2008
AMERICAN AXLE & MANUFACTURING HOLDINGS, INC
(Exact Name of Registrant as Specified in Its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
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1-14303
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36-3161171 |
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(Commission File Number)
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(IRS Employer Identification No.) |
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One Dauch Drive, Detroit, Michigan
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48211-1198 |
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(Address of Principal Executive Offices)
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(Zip Code) |
(Registrants Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
Item 8.01 Other Events.
American
Axle & Manufacturing, Inc. (AAM) has entered into an agreement with General
Motors (GM) under which GM agreed to provide AAM financial assistance valued at approximately $200
million to help fund employee buyouts, early retirements and buydowns anticipated to result from
the future ratification of a new labor agreement for AAMs
original U.S. locations. This agreement is predicated upon an
expedited resolution to the ongoing strike called by the International UAW against AAM.
FORWARD-LOOKING STATEMENTS
This Current Report on Form 8-K contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995, including statements about our current
expectations regarding the potential impact and structure of a possible settlement and ratification
of a new labor agreement with the International UAW for AAMs original U.S. locations, all of which
are inherently uncertain and should be viewed with caution. Actual results and experience may
differ materially due to many factors and risks that are discussed in our most recent annual report
on Form 10-K and quarterly reports on Form 10-Q. It is not possible to foresee or identify all
such factors and we assume no obligation to update any forward-looking statements or to disclose
any subsequent facts, events or circumstances that may affect their accuracy.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly
caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
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AMERICAN AXLE & MANUFACTURING HOLDINGS, INC.
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Date: May 8, 2008 |
By: |
/s/ Michael K. Simonte
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Michael K. Simonte |
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Group Vice President Finance & Chief Financial Officer
(also in the capacity of Chief Accounting Officer) |
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