American Axle & Manufacturing Holdings Inc at Bank of America Global Automotive Summit Transcript
Great. Well, thanks, everybody, for joining us again. Next up, we have American Axle, a leading supplier of driveline components and powertrain technology, and I'll emphasize powertrain technology because that often gets lost in the shuffle. Most commonly known for axle and an axle that drives -- that it supplies GM's trucks and SUVs, but obviously does a whole lot more. So we're going to learn a little bit more about that today.
It's doing a great job of diversifying as product set and made an acquisition of MPG a few years ago, which has helped out quite a bit on diversification, certainly around product sets and customers. But it is still tied heavily to North America and light trucks. So that shouldn't be lost on anybody either, which is not necessarily a bad thing right now because it's a great region and it's a great segment that's going to be a gift that probably keeps on gifting for quite some time.
They are generating tremendous free cash flow, deleveraging fairly aggressively. So we
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