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American Axle estimates 2024-2026 new business backlog about $600M
The Fly

American Axle estimates 2024-2026 new business backlog about $600M

AAM’s gross new and incremental business backlog launching from 2024 – 2026 is estimated at approximately $600M in future annual sales. AAM expects the launch cadence of the three-year backlog to be approximately $300M in 2024, $175M in 2025 and $125 million in 2026. Electrification mix approximates 50% of AAM’s new business backlog versus 40% in the prior backlog (2023-2025). The backlog takes into account recent OEM powertrain trends and timing estimates.

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