American Axle Back at Work but Fallout from Three-Month Strike Begins

SUGAR LAND--June 9, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--What began with a roar ended with essentially a whimper at the end of May. The three-month strike by 3,600 workers at American Axle & Manufacturing Incorporated (NYSE:AXL) (Detroit, Michigan) ended in late May with union members accepting a new contract from the major tier supplier to General Motors Corporation (NYSE:GM) (Detroit) and Chrysler LLC (Auburn Hills, Michigan).