In addition, American Axle said it has sped up its efforts to cut costs and capacity in order to bring itself more in line with demand, while also working to diversify its product and customer bases. "We believe bankruptcy is far too extreme and far too destructive for our company and our shareholders" Dauch said. Dauch said that completing its restructuring outside of bankruptcy protection remains American Axle's top goal, but added that there are no guarantees. Full Article at Miami Herald