American Axle & Manufacturing Holdings Inc's
Should (the company) fail to be in compliance with these covenants and we are unable to obtain a waiver or amend these covenants, we may be unable to continue as a going concern.
On March 4, the company was warned by the NYSE that it might be delisted, a factor it also cited as putting pressure on its ability to stay afloat.
Last month, U.S. auto suppliers submitted a request to the U.S. Treasury to secure emergency funding to avoid a wave of bankruptcies and a deeper crisis in the auto industry.
(Reporting by Christopher Kaufman; Editing by Lisa Von Ahn)