Summary of AMERICAN AXLE & MANUFACTURING HOLDINGS INC

Item 2.02 Results of Operations and Financial Condition.
On May 1, 2009, American Axle & Manufacturing Holdings, Inc., (the "Company" or "AAM") issued a press release regarding AAM's financial results for the three months ended March 31, 2009. A copy of the press release is furnished as Exhibit 99.1.
Item 7.01 Regulation FD
AAM's cash and liquidity update:
Х As of March 31, 2009, AAM had approximately $330 million of liquidity, consisting of available cash, short-term investments and committed borrowing capacity on its Revolving Credit Facility.

AAM's capital spending outlook:
Х AAM expects full year capital spending in 2009 to be approximately $140 million - $150 million.

AAM's new business backlog:
Х AAM's new and incremental new business backlog is approximately $1.2 billion and launches in the years 2009 - 2013.

Х AAM is currently bidding on approximately $800 million of new business, of which, approximately 90% is non-GM business related quotes.

Impact of GM and Chrysler extended production shutdowns on AAM:
Х AAM is accelerating the idling and consolidation of operations at our Detroit Manufacturing Complex in order to transition to new, lower customer and market requirements.

Х AAM currently estimates that the extended production shutdowns will reduce sales by approximately $250 million and will adversely impact operating results by approximately $80 million - $85 million during the second and third quarters of 2009.

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 AAM's cash and liquidity, capital spending outlook, new business backlog, and operating results 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.