American Axle (AXL) Reports FY14 - FY16 Backlog at $900M

American Axle & Manufacturing Holdings, Inc. (NYSE: AXL) announced that its backlog of new and incremental business launching from 2014 through 2016 is estimated at $900 million in future annual sales. Highlights of AAM's $900 million new and incremental business backlog for 2014 - 2016 include the following: • New and innovative product technologies: AAM’s new and incremental business backlog includes product programs supporting the all-new Jeep® Cherokee with AAM’s industry first EcoTrac® Disconnecting Driveline System; the all-new Cadillac CTS, Motor Trend's 2014 Car of the Year, with AAM’s high efficiency rear drive modules; and the e-AAM™ hybrid and electric system that will be featured on a future model year Qoros vehicle. • Significant progress on customer diversification initiatives: Approximately 70% of AAM’s new and incremental business backlog for 2014 - 2016 is for customers other than GM. This includes new and expanded orders supporting multiple global premium vehicle manufacturers, including Chrysler Group LLC, Daimler Truck, Ford, Honda, Jaguar Land Rover, Mercedes Benz, Nissan, Tata Motors and others. • Major increase in passenger car and crossover vehicle business: Approximately two-thirds of AAM’s $900 million new and incremental business backlog for 2014 - 2016 is for passenger car and crossover vehicle programs. • Growth in global markets: Approximately 70% of AAM’s new and incremental business backlog for 2014 - 2016 is for programs sourced outside of the United States. These awards support AAM’s expansion in the growing global markets of Brazil, China, India and Thailand. “AAM’s robust new business backlog supports our ability to exceed the growth rate expected for the industry through 2015. This is great news for all our key stakeholders,” said AAM's Chairman, President & Chief Executive Officer David C. Dauch. “We are very pleased that AAM's focus on technology leadership has resulted in the expansion and diversification of our customer base and product portfolio on a global basis. AAM is focused on successfully launching these programs as well as continuing to deliver positive financial results by executing our aligned business strategy.” AAM values its new and incremental business backlog based on production volume estimates and program design direction provided by its customers. The actual sales value of these awards will depend on product volumes, program launch timing and foreign currency exchange. AAM does not include sales of unconsolidated joint ventures in its new business backlog.

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