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Exhibit 10.47

CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN
THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN
OMITTED AND FILED SEPARATELY WITH THE
SECURITIES AND EXCHANGE COMMISSION PURSUANT TO
RULE 24B-2 OF THE SECURITIES EXCHANGE
ACT OF 1934, AS AMENDED

Amendment # 6 dated May 3, 2008 to Letter Agreement dated February 26, 2004 by
and between GM and AAM Inc.

1.  
Amendment # 3 and Amendment #5 are hereby amended as follows:  Estimated annual
volume for the […***…] Program shall be […***…] adjusted from a previous volume
of […***…].

2.  
Amendment #5 is hereby amended as follows: Estimated annual volume for the
[…***…] shall be […***…] adjusted from a previous volume of […***…].

3.  
Amendment #5 is hereby amended as follows: Estimated annual volume for the
[…***…] shall be […***…] adjusted from a previous volume of […***…].

4.  
Amendment #5 is hereby amended as follows: Estimated annual volume for the
[…***…] shall be […***…] adjusted from a previous volume of […***…].

5.  
Amendment # 5 is hereby amended as follows:

a.  
AAM and GM agree to […***…] as set  forth in accordance with the February 26,
2004 Letter Agreement with the following product programs:

[Missing Graphic Reference]

b.  
[…***…] the programs detailed in sub-paragraph “a,” above, which are […***…]
from other products supplied by AAM, shall be […***…] in the specifications for
such products.

 
c.  
[…***…] the programs detailed in sub-paragraph “a,” above, which […***…] other
products supplied by AAM, shall be […***…] to AAM,  […***…] in the
specifications for such products as set forth below:

i)  
[…***…] - based on […***…] in the specifications for such products.

ii)  
[…***…] Products for the […***…] – based on […***…] per Amendments #1 & #2.

iii)  
[…***…] – based on the […***…] for […***…] products.

iv)  
[…***…] – […***…] of these products to the […***…] based upon an agreed upon
design direction.

v)  
[…***…] – […***…] of these products to the […***…] based upon an agreed upon
design direction.

vi)  
[…***…] – […***…] in the specifications for such products

d.  
The […***…] is deleted.

 

 
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*** Confidential Treatment Requested

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6.  
[…***…] and […***…] programs […***…] to AAM under Amendment #5 is amended as
follows:

a)  
 […***…] and […***…] program: […***…] is […***…] from January 2008 to October
2008.

b)  
[…***…] and […***…] program: […***…] is […***…] from January 2008 to July 2009.

7.  
In the event that GM […***…] or other platform(s) that […***…] and / or […***…]
products […***…] by AAM, then […***…] products to AAM […***…] under the terms
and conditions of the February 26, 2004 Agreement between GM and AAM.

8.  
[…***…] which provides additional consideration […***…].

9.  
With respect to the […***…], now designated as […***…] in this amendment,
[…***…] or be consolidated with other […***…] or […***…] platforms […***…], then
AAM will be […***…] such […***…] under the terms and conditions of this
Agreement.

 
10.  
[…***…]:  All of these products being […***…] pursuant to this agreement shall
be included in […***…].

11.  
Program Cancellation: Not withstanding the terms of any other agreement […***…],
in the event that any of the programs […***…] under the original 2-26-04
Agreement and subsequent Amendments (#1 through #6 and beyond) […***…] based on
the same terms and conditions as the parties have previously agreed.  The date
of […***…] shall be deleted from paragraph […***…] of the […***…] Agreement.

12.  
Amendment #’s referenced herein refer to Amendments to the Letter Agreement
dated February 26, 2004, between General Motors Corporation and American Axle &
Manufacturing Inc.

13.  
Amendment #3 and Amendment #5 are each hereby acknowledged, ratified, and
confirmed in their entireties to be in full force and effect, except as modified
by this Amendment #6.

14.  
With this Agreement, AAM acknowledges that the […***…] and the […***…].

15.  
[…***…] components for the products […***…] pursuant to this agreement or under
the original 2-26-04 Agreement or subsequent Amendments (#1 through #6) will be
subject to […***…]. The attached document (attachment 2) specifies the […***…]
components for each program. For each mutually agreed […***…], GM will issue a
[…***…] to AAM pursuant to the […***…] in place between GM and AAM.  This
alteration to the existing […***…] will be initiated with the launch of […***…]
under the 2-26-04 Agreement or subsequent Amendments (#1 through #6). (Current
programs will not be affected by this alteration).

16.  
GM and AAM understand that the program […***…] under this Agreement (amendments
1 – 6) […***…]. Notwithstanding paragraph 11 above, AAM agrees that
[…***…].  AAM and GM agree […***…] for such […***…] with respect to the remedies
outlined in paragraph 11 above.

 

       
/s/ Steven J. Proctor
   
/s/ Randall Pappal
 
American Axle & Manufacturing, Inc.
   
General Motors Corporation
 
Steven J. Proctor
   
Randall Pappal
  Vice President     Executive Director   Sales & Marketing     Global
Purchasing and Supply Chain

 
 

 

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*** Confidential Treatment Requested

 
 

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