Recent Updates — AXL

Dauch Corporation reported third-quarter 2026 net sales of $2.91 billion, up from $1.51 billion in the prior year period, driven by the consolidation of Dowlais Group Limited acquired earlier this year. The company posted a net loss attributable to Dauch of $(45.3) million, or $(0.19) per diluted share, compared to a net income of $9.2 million in the same quarter last year. Adjusted EBITDA reached $358.5 million, representing 12.3% of sales, while adjusted free cash flow was $126.7 million. Management raised its full-year 2026 sales guidance to a range of $10.8 billion to $10.875 billion from the previous estimate of $10.6 billion to $10.8 billion, citing partial year contributions from Dowlais and synergy realization progress. Dauch Corporation is a premier Driveline and Metal Forming supplier serving the global automotive industry with a powertrain-agnostic product portfolio that supports electric, hybrid, and internal combustion vehicles.

Dauch Corporation appointed Nathan R. Iles as Senior Vice President of Finance effective November 2, 2026. Mr. Iles will succeed Christopher May as Chief Financial Officer on December 1, 2026, following an onboarding period. Concurrently, Mr. May will transition to Executive Vice President and Chief Administrative Officer, retaining oversight of IT and assuming executive responsibility for HR. Terri Kemp will shift her focus to the Senior Vice President, Chief of Staff role until her retirement at the end of 2026. Mr. Iles brings over 25 years of finance leadership, most recently serving as CFO at Standard Motor Products. His compensation includes a $650,000 base salary, performance equity awards, restricted stock units valued at $500,000, and a $375,000 cash bonus payable in March 2027. Dauch Corporation is a premier Driveline and Metal Forming supplier serving the global automotive industry.

Dauch Corporation reported second quarter 2026 financial results on August 7, 2026, driven by the acquisition of Dowlais Group completed in February 2026. Sales increased to $2.96 billion from $1.54 billion in the prior year period. Net income attributable to Dauch was $1.0 million, compared to $39.3 million previously, while Adjusted EBITDA rose to $389.6 million (13.2% of sales) from $202.1 million. The company updated its full-year 2026 outlook, raising the sales target range to $10.6–$10.8 billion and Adjusted EBITDA to $1.36–$1.425 billion. Dauch Corporation is a premier Driveline and Metal Forming supplier serving the global automotive industry with a powertrain-agnostic product portfolio.