**FORM      1O-Q**

**AMPCO-PITTSBURGH      CORPORATION**

----

**AMPCO-PITTSBURGH      CORPORATION**

**INDEX**

| Part                I -                Financial Information:           | Page                No.                      |
|------------------------------------------------------------------------------|----------------------------------------------|
|                                                                         |                                         |   |   |
|                                                                         | Item                1                – | Condensed                Consolidated Financial Statements |   |
|                                                                         |                                         |   |   |
|                                                                         |                                         | Condensed                Consolidated Balance Sheets –September                30,                2007 and December 31, 2006 | 3 |
|                                                                         |                                         |   |   |
|                                                                         |                                         | Condensed                Consolidated Statements of Operations –Nine and Three Months Ended                September 30, 2007 and 2006 | 4 |
|                                                                         |                                         |   |   |
|                                                                         |                                         | Condensed                Consolidated Statements of Cash Flows –Nine Months Ended September 30,                2007 and 2006 | 5 |
|                                                                         |                                         |   |   |
|                                                                         |                                         | Notes                to                Condensed Consolidated Financial Statements | 6 |
|                                                                         |                                         |   |   |
|                                                                         | Item                2                -       | Management's                Discussion and Analysis of Financial Condition and Results of                Operations | 16 |
|                                                                         |                                         |   |   |
|                                                                         | Item                3                -       | Quantitative                and Qualitative Disclosures about Market Risk | 20 |
|                                                                         |                                         |   |   |
|                                                                         | Item                4                – | Controls                and                Procedures | 20 |
|                                                                         |                                         |   |   |
|  Part                II –                Other Information:  |                                         |

|   | Item                1                -  | Legal                Proceedings | 21     |
|--------|-----------------------------------------|----------------------------------|--------|
|   |                                    |                             |   |
|   | Item                1A                - | Risk                Factors      | 21     |
|   |                                    |                             |   |
|   | Item                6                -  | Exhibits                         | 21     |
|   |                                    |                             |   |
|   | Signatures                              |                             | 22     |
|   |                                    |                             |   |
|   | Exhibit                Index            |                             | 23     |
|   |                                    |                             |   |
|   | Exhibits                                |                             |   |
|   |                                    |                             |   |
|   |                                    | Exhibit                31.1      |   |
|   |                                    | Exhibit                31.2      |   |
|   |                                    | Exhibit                32.1      |   |
|   |                                    | Exhibit                32.2      |   |
|   |                                    |                             |   |

----

**PART      I -      FINANCIAL INFORMATION**

**AMPCO-PITTSBURGH      CORPORATION**

**CONDENSED      CONSOLIDATED BALANCE SHEETS**

**(UNAUDITED)**

|                                                                  |   | September                30, |        |   | December                31, |   |
|-----------------------------------------------------------------------|--------|------------------------------|-------------|--------|-----------------------------|--------|
|                                                                  |   | 2007                         |        |   | 2006                        |   |
| Assets                                                                |   |                         |        |   |                        |   |
| Current                assets:                                        |   |                         |        |   |                        |   |
| Cash                and cash                equivalents               |   | $                            | 24,156,991  |   |                        | $      | 56,083,870 |   |
| Short-term                marketable securities                       |   |                         | 55,525,964  |   |                        |   | - |   |
| Receivables,                less allowance for                        |   |                         |        |   |                        |   |   |   |
|  doubtful                accounts of $275,222 in                 |   |                         |        |   |                        |   |   |   |
|  2007                and $281,585 in 2006                        |   |                         | 58,753,338  |   |                        |   | 54,870,372 |   |
| Inventories                                                           |   |                         | 65,159,162  |   |                        |   | 55,912,261 |   |
| Insurance                receivable – asbestos                  |   |                         | 11,700,000  |   |                        |   | 11,700,000 |   |
| Other                                                                 |   |                         | 9,610,980   |   |                        |   | 8,414,152 |   |
| Total                current                assets                    |   |                         | 224,906,435 |   |                        |   | 186,980,655 |   |
| Property,                plant and equipment, net                     |   |                         | 70,232,607  |   |                        |   | 68,593,334 |   |
| Insurance                receivable - asbestos                        |   |                         | 102,847,965 |   |                        |   | 102,847,965 |   |
| Deferred                tax                assets                     |   |                         | 8,813,523   |   |                        |   | 10,848,455 |   |
| Prepaid                pensions                                       |   |                         | 4,139,408   |   |                        |   | 3,049,627 |   |
| Goodwill                                                              |   |                         | 2,694,240   |   |                        |   | 2,694,240 |   |
| Other                noncurrent assets                                |   |                         | 6,960,394   |   |                        |   | 6,198,495 |   |
|                                                                  |   | $                            | 420,594,572 |   |                        | $      | 381,212,771 |   |
|                                                                  |   |                         |        |   |                        |   |   |   |
| Liabilities                and Shareholders' Equity                   |   |                         |        |   |                        |   |   |   |
| Current                liabilities:                                   |   |                         |        |   |                        |   |   |   |
| Accounts                payable                                       |   | $                            | 17,049,032  |   |                        | $      | 15,930,260 |   |
| Accrued                payrolls and employee benefits                 |   |                         | 14,118,218  |   |                        |   | 11,008,413 |   |
| Industrial                Revenue Bond debt                           |   |                         | 13,311,000  |   |                        |   | 13,311,000 |   |
| Asbestos                liability – current portion             |   |                         | 12,000,000  |   |                        |   | 12,000,000 |   |
| Other                                                                 |   |                         | 27,902,876  |   |                        |   | 22,713,174 |   |
| Total                current                liabilities               |   |                         | 84,381,126  |   |                        |   | 74,962,847 |   |
| Employee                benefit obligations                           |   |                         | 32,296,796  |   |                        |   | 34,170,743 |   |
| Asbestos                liability                                     |   |                         | 127,799,276 |   |                        |   | 128,014,944 |   |
| Other                noncurrent liabilities                           |   |                         | 5,472,871   |   |                        |   | 3,859,225 |   |
| Total                liabilities                                      |   |                         | 249,950,069 |   |                        |   | 241,007,759 |   |
|                                                                  |   |                         |        |   |                        |   |   |   |
| Commitments                and contingent liabilities                 |   |                         |        |   |                        |   |   |   |
| (Note                7)                                               |   |                         |        |   |                        |   |   |   |
|                                                                  |   |                         |        |   |                        |   |   |   |
| Shareholders'                equity:                                  |   |                         |        |   |                        |   |   |   |
| Preference                stock - no par value;                       |   |                         |        |   |                        |   |   |   |
|  authorized                3,000,000 shares; none issued         |   |                         | -           |   |                        |   | - |   |
| Common                stock                - par value $1; authorized |   |                         |        |   |                        |   |   |   |
|  20,000,000                shares; issued and outstanding        |   |                         |        |   |                        |   |   |   |
|  10,177,497                shares in 2007 and 9,837,497          |   |                         |        |   |                        |   |   |   |
|  shares                in 2006                                   |   |                         | 10,177,497  |   |                        |   | 9,837,497 |   |
| Additional                paid-in capital                             |   |                         | 109,802,261 |   |                        |   | 105,427,926 |   |
| Retained                earnings                                      |   |                         | 82,569,776  |   |                        |   | 57,994,215 |   |
| Accumulated                other comprehensive loss                   |   |                         | (31,905,031 | )      |                        |   | (33,054,626 | ) |
| Total                shareholders' equity                             |   |                         | 170,644,503 |   |                        |   | 140,205,012 |   |
|                                                                  |   | $                            | 420,594,572 |   |                        | $      | 381,212,771 |   |
|                                                                  |   |                         |        |   |                        |   |   |   |

----

**AMPCO-PITTSBURGH      CORPORATION**

**CONDENSED      CONSOLIDATED STATEMENTS OF OPERATIONS**

**(UNAUDITED)**

|                                                       |   | Nine                Months                Ended       September 30, |        |   | Three                Months                Ended September                30, |
|------------------------------------------------------------|--------|---------------------------------------------------------------------------------------------------|-------------|--------|-------------------------------------------------------------------------------|
|                                                       |   | 2007                                                                                              |        |   | 2006                                                                          |   |   | 2007 |   |   | 2006 |   |
|                                                       |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |
| Net                sales                                   |   | $                                                                                                 | 263,640,134 |   |                                                                          | $ | 223,412,730 |   |   | $ | 87,159,691 |   |   | $ | 79,068,503 |   |
|                                                       |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |
| Operating                costs and expenses:               |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |
|  Costs                of products sold                |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |
| (excluding                depreciation)                    |   |                                                                                              | 185,257,745 |   |                                                                          |   | 164,778,720 |   |   |   | 61,309,784 |   |   |   | 58,357,507 |   |
|  Selling                and administrative            |   |                                                                                              | 29,843,338  |   |                                                                          |   | 26,892,827 |   |   |   | 10,063,857 |   |   |   | 9,292,468 |   |
|  Depreciation                                         |   |                                                                                              | 5,097,501   |   |                                                                          |   | 5,067,342 |   |   |   | 1,580,417 |   |   |   | 1,618,251 |   |
|  (Gain)                loss on disposition            |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |
| of                assets                                   |   |                                                                                              | (33,342     | )      |                                                                          |   | 4,120 |   |   |   | (348 | ) |   |   | (8,027 | ) |
|   Total                operating expenses        |   |                                                                                              | 220,165,242 |   |                                                                          |   | 196,743,009 |   |   |   | 72,953,710 |   |   |   | 69,260,199 |   |
|                                                       |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |
| Income                from                operations       |   |                                                                                              | 43,474,892  |   |                                                                          |   | 26,669,721 |   |   |   | 14,205,981 |   |   |   | 9,808,304 |   |
|                                                       |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |
| Other                income                (expense):      |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |
| Interest                and                dividend income |   |                                                                                              | 1,215,920   |   |                                                                          |   | 1,406,043 |   |   |   | 257,675 |   |   |   | 419,179 |   |
| Interest                expense                            |   |                                                                                              | (551,462    | )      |                                                                          |   | (514,964 | ) |   |   | (190,024 | ) |   |   | (186,291 | ) |
| Other–                net                            |   |                                                                                              | (993,434    | )      |                                                                          |   | 99,343 |   |   |   | (348,002 | ) |   |   | (323,845 | ) |
|                                                       |   |                                                                                              | (328,976    | )      |                                                                          |   | 990,422 |   |   |   | (280,351 | ) |   |   | (90,957 | ) |
|                                                       |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |
| Income                before                income taxes   |   |                                                                                              | 43,145,916  |   |                                                                          |   | 27,660,143 |   |   |   | 13,925,630 |   |   |   | 9,717,347 |   |
| Income                tax                provision         |   |                                                                                              | 14,105,000  |   |                                                                          |   | 8,887,000 |   |   |   | 4,527,000 |   |   |   | 3,073,000 |   |
|                                                       |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |
| Net                income                                  |   | $                                                                                                 | 29,040,916  |   |                                                                          | $ | 18,773,143 |   |   | $ | 9,398,630 |   |   | $ | 6,644,347 |   |
|                                                       |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |
|                                                       |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |
| Net                income                per common share: |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |
|  Basic                                                |   | $                                                                                                 | 2.90        |   |                                                                          | $ | 1.91 |   |   | $ | 0.92 |   |   | $ | 0.68 |   |
|  Diluted                                              |   | $                                                                                                 | 2.88        |   |                                                                          | $ | 1.88 |   |   | $ | 0.92 |   |   | $ | 0.67 |   |
|                                                       |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |   |   |
|                                                       |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |   |   |
| Cash                dividends declared                     |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |   |   |
|  per                share                             |   | $                                                                                                 | 0.45        |   |                                                                          | $ | 0.30 |   |   | $ | 0.15 |   |   | $ | 0.10 |   |
|                                                       |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |   |   |
|                                                       |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |   |   |
| Weighted                average number of                  |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |   |   |
|  common                shares outstanding:            |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |   |   |
|   Basic                                          |   |                                                                                              | 10,002,292  |   |                                                                          |   | 9,824,789 |   |   |   | 10,177,497 |   |   |   | 9,837,497 |   |
|   Diluted                                        |   |                                                                                              | 10,084,271  |   |                                                                          |   | 9,960,206 |   |   |   | 10,179,788 |   |   |   | 9,981,833 |   |
|                                                       |   |                                                                                              |        |   |                                                                          |   |   |   |   |   |   |   |   |   |   |   |

----

**AMPCO-PITTSBURGH      CORPORATION**

**CONDENSED      CONSOLIDATED STATEMENTS OF CASH FLOWS**

**(UNAUDITED)**

|                                                                           |   | Nine                Months                Ended September 30, |        |
|--------------------------------------------------------------------------------|--------|---------------------------------------------------------------|-------------|
|                                                                           |   | 2007                                                          |        |   | 2006 |   |
|                                                                           |   |                                                          |        |   |   |   |
| Net                cash                flows provided by operating activities  |   | $                                                             | 28,356,849  |   |   | $ | 15,248,948 |   |
|                                                                           |   |                                                          |        |   |   |   |   |   |
| Cash                flows                from investing activities:            |   |                                                          |        |   |   |   |   |   |
|                                                                           |   |                                                          |        |   |   |   |   |   |
| Purchases                of                property, plant and equipment       |   |                                                          | (6,400,030  | ) |   |   | (4,962,086 | ) |
| Purchases                of                short-term marketable securities    |   |                                                          | (54,006,962 | ) |   |   | (50,850,000 | ) |
| Proceeds                from                the sale of short-term             |   |                                                          |        |   |   |   |   |   |
| marketable                securities                                           |   |                                                          | -           |   |   |   | 45,100,000 |   |
| Other                                                                          |   |                                                          | (239,700    | ) |   |   | 850 |   |
|                                                                           |   |                                                          |        |   |   |   |   |   |
| Net                cash                flows used in investing activities      |   |                                                          | (60,646,692 | ) |   |   | (10,711,236 | ) |
|                                                                           |   |                                                          |        |   |   |   |   |   |
| Cash                flows                from financing activities:            |   |                                                          |        |   |   |   |   |   |
|                                                                           |   |                                                          |        |   |   |   |   |   |
| Proceeds                from                the issuance of common stock       |   |                                                          | 3,625,809   |   |   |   | 806,950 |   |
| Excess                tax                benefits from the exercise of stock   |   |                                                          |        |   |   |   |   |   |
|  options                                                                  |   |                                                          | 429,660     |   |   |   | - |   |
| Dividends                paid                                                  |   |                                                          | (3,987,124  | ) |   |   | (2,943,449 | ) |
|                                                                           |   |                                                          |        |   |   |   |   |   |
| Net                cash                flows provided by (used in)             |   |                                                          |        |   |   |   |   |   |
|  financing                activities                                      |   |                                                          | 68,345      |   |   |   | (2,136,499 | ) |
|                                                                           |   |                                                          |        |   |   |   |   |   |
| Effect                of                exchange rate changes on cash          |   |                                                          |        |   |   |   |   |   |
| and                cash                equivalents                             |   |                                                          | 294,619     |   |   |   | 245,001 |   |
|                                                                           |   |                                                          |        |   |   |   |   |   |
| Net                (decrease) increase in cash and                             |   |                                                          |        |   |   |   |   |   |
| cash                equivalents                                                |   |                                                          | (31,926,879 | ) |   |   | 2,646,214 |   |
|                                                                           |   |                                                          |        |   |   |   |   |   |
| Cash                and cash                equivalents at beginning of period |   |                                                          | 56,083,870  |   |   |   | 7,913,504 |   |
|                                                                           |   |                                                          |        |   |   |   |   |   |
| Cash                and cash                equivalents at end of period       |   | $                                                             | 24,156,991  |   |   | $ | 10,559,718 |   |
|                                                                           |   |                                                          |        |   |   |   |   |   |
|                                                                           |   |                                                          |        |   |   |   |   |   |
| Supplemental                information:                                       |   |                                                          |        |   |   |   |   |   |
|  Income                tax payments                                       |   | $                                                             | 9,535,693   |   |   | $ | 5,491,763 |   |
|  Interest                payments                                         |   | $                                                             | 556,052     |   |   | $ | 509,960 |   |
|                                                                           |   |                                                          |        |   |   |   |   |   |
| Non-cash                investing activities:                                  |   |                                                          |        |   |   |   |   |   |
|  Appreciation                of short-term marketable                     |   |                                                          |        |   |   |   |   |   |
|   securities                                                         |   | $                                                             | 1,519,002   |   |   | $ | 81,741 |   |
|                                                                           |   |                                                          |        |   |   |   |   |   |
|                                                                           |   |                                                          |        |   |   |   |   |   |
|                                                                           |   |                                                          |        |   |   |   |   |   |

----

**AMPCO-PITTSBURGH      CORPORATION**

**NOTES      TO      CONDENSED CONSOLIDATED FINANCIAL STATEMENTS**

**(UNAUDITED)**

| 1. | Unaudited                Condensed Consolidated Financial                Statements |
|----|-------------------------------------------------------------------------------------|

**.**

| 2. | Investment                in Joint Venture |
|----|--------------------------------------------|

----

| 3. | Inventories |
|----|-------------|

|                          |   | (in                thousands) |   |
|-------------------------------|--------|-------------------------------|--------|
|                          |   | September                30,  |   |   | December                31, |   |
|                          |   | 2007                          |   |   | 2006 |   |
|                          |   |                          |   |   |   |   |
| Raw                materials  |   | $                             | 15,806 |   |   | $ | 12,624 |   |
| Work-in-process               |   |                          | 32,004 |   |   |   | 28,490 |   |
| Finished                goods |   |                          | 8,931  |   |   |   | 7,425 |   |
| Supplies                      |   |                          | 8,418  |   |   |   | 7,373 |   |
|                          |   | $                             | 65,159 |   |   | $ | 55,912 |   |

|   | Property,                plant and equipment were comprised of the                following: |
|--------|----------------------------------------------------------------------------------------------|

|                                                     |   | (in                thousands) |     |
|----------------------------------------------------------|--------|-------------------------------|----------|
|                                                     |   | September                30,  |     |   | December                31, |   |
|                                                     |   | 2007                          |     |   | 2006 |   |
|                                                     |   |                          |     |   |   |   |
| Land                and land                improvements |   | $                             | 4,440    |   |   | $ | 4,438 |   |
| Buildings                                                |   |                          | 27,194   |   |   |   | 27,162 |   |
| Machinery                and                equipment    |   |                          | 149,803  |   |   |   | 143,067 |   |
|                                                     |   |                          | 181,437  |   |   |   | 174,667 |   |
| Accumulated                depreciation                  |   |                          | (111,204 | ) |   |   | (106,074 | ) |
|                                                     |   | $                             | 70,233   |   |   | $ | 68,593 |   |

| 5. | Other                Current Liabilities |
|----|------------------------------------------|

|   Other                current liabilities                were comprised of the following: |
|------------------------------------------------------------------------------------------------------|

|                                                    |   |                          |   |   |                        |   |
|---------------------------------------------------------|--------|-------------------------------|--------|--------|-----------------------------|--------|
|                                                    |   | (in                thousands) |   |
|                                                    |   | September                30,  |   |   | December                31, |   |
|                                                    |   | 2007                          |   |   | 2006                        |   |
|                                                    |   |                          |   |   |                        |   |
| Customer-related                liabilities             |   | $                             | 10,498 |   |                        | $      | 9,867 |   |
| Accrued                sales                commissions |   |                          | 3,048  |   |                        |   | 2,837 |   |
| Accrued                income taxes payable             |   |                          | 3,683  |   |                        |   | 1,043 |   |
| Other                                                   |   |                          | 10,674 |   |                        |   | 8,966 |   |
|                                                    |   | $                             | 27,903 |   |                        | $      | 22,713 |   |

|   | -                7                - |
|--------|-------------------------------------|

----

|                                                             |   | (in                thousands)      |   |
|------------------------------------------------------------------|--------|------------------------------------|--------|
|                                                             |   | Nine                Months         |   |   | Three                Months |   |
|                                                             |   | Ended                September 30, |   |   | Ended                September 30, |   |
|                                                             |   | 2007                               |   |   | 2006 |   |   | 2007 |   |   | 2006 |   |
|                                                             |   |                               |   |   |   |   |   |   |   |   |   |   |
| Balance                at                beginning of the period |   | $                                  | 5,567  |   |   | $ | 3,786 |   |   | $ | 6,779 |   |   | $ | 4,290 |   |
| Satisfaction                of warranty claims                   |   |                               | (2,115 | ) |   |   | (2,101 | ) |   |   | (870 | ) |   |   | (757 | ) |
| Provision                for                warranty claims      |   |                               | 2,913  |   |   |   | 2,769 |   |   |   | 548 |   |   |   | 1,112 |   |
| Other,                primarily impact from                      |   |                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  changes                in foreign currency                 |   |                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  exchange                rates                              |   |                               | 147    |   |   |   | 224 |   |   |   | 55 |   |   |   | 33 |   |
| Balance                at                end of the period       |   | $                                  | 6,512  |   |   | $ | 4,678 |   |   | $ | 6,512 |   |   | $ | 4,678 |   |

|                                                                                          |   | (in                thousands) |   |
|-----------------------------------------------------------------------------------------------|--------|-------------------------------|--------|
|                                                                                          |   | 2007                          |   |   | 2006 |   |
| U.S.                pension                benefits plans                                     |   | $                             | -      |   |   | $ | - |   |
| U.K.                pension                benefits plan                                      |   | $                             | 1,326  |   |   | $ | 425 |   |
| Other                postretirement benefits(e.g.                net                payments) |   | $                             | 499    |   |   | $ | 518 |   |
| U.K.                defined                contribution plan                                  |   | $                             | 362    |   |   | $ | 299 |   |
|                                                                                          |   |                          |   |   |   |   |   |   |

|                                             |   | (in                thousands)                       |   |
|--------------------------------------------------|--------|-----------------------------------------------------|--------|
|                                             |   | U.S.                Pension                Benefits |   |
|                                             |   | Nine                Months                          |   |   | Three                Months |   |
|                                             |   | Ended                September 30,                  |   |   | Ended                September 30, |   |
|                                             |   | 2007                                                |   |   | 2006 |   |   | 2007 |   |   | 2006 |   |
|                                             |   |                                                |   |   |   |   |   |   |   |   |   |   |
| Service                cost                      |   | $                                                   | 1,980  |   |   | $ | 1,771 |   |   | $ | 641 |   |   | $ | 590 |   |
| Interest                cost                     |   |                                                | 5,755  |   |   |   | 5,254 |   |   |   | 1,971 |   |   |   | 1,752 |   |
| Expected                return on plan assets    |   |                                                | (8,723 | ) |   |   | (9,372 | ) |   |   | (2,901 | ) |   |   | (3,124 | ) |
| Amortization                of:                  |   |                                                |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  Prior                service cost          |   |                                                | 481    |   |   |   | 463 |   |   |   | 161 |   |   |   | 154 |   |
|  Actuarial                gain              |   |                                                | (86    | ) |   |   | (89 | ) |   |   | (18 | ) |   |   | (30 | ) |
| Net                benefit                income |   | $                                                   | (593   | ) |   | $ | (1,973 | ) |   | $ | (146 | ) |   | $ | (658 | ) |

----

|                                           |   | (in                thousands)                       |   |
|------------------------------------------------|--------|-----------------------------------------------------|--------|
|                                           |   | U.K.                Pension                Benefits |   |
|                                           |   | Nine                Months                          |   |   | Three                Months |   |
|                                           |   | Ended                September 30,                  |   |   | Ended                September 30, |   |
|                                           |   | 2007                                                |   |   | 2006 |   |   | 2007 |   |   | 2006 |   |
|                                           |   |                                                |   |   |   |   |   |   |   |   |   |   |
| Interest                cost                   |   | $                                                   | 2,023  |   |   | $ | 1,666 |   |   | $ | 685 |   |   | $ | 573 |   |
| Expected                return on plan assets  |   |                                                | (1,990 | ) |   |   | (1,620 | ) |   |   | (674 | ) |   |   | (557 | ) |
| Amortization                of actuarial loss  |   |                                                | 351    |   |   |   | 288 |   |   |   | 119 |   |   |   | 99 |   |
| Net                benefit                cost |   | $                                                   | 384    |   |   | $ | 334 |   |   | $ | 130 |   |   | $ | 115 |   |

|                                              |   | (in                thousands)                |
|---------------------------------------------------|--------|----------------------------------------------|
|                                              |   | Other                Postretirement Benefits |
|                                              |   | Nine                Months                   |   |   | Three                Months |
|                                              |   | Ended                September 30,           |   |   | Ended                September 30, |
|                                              |   | 2007                                         |   |   | 2006 |   |   | 2007 |   |   | 2006 |
|                                              |   |                                         |   |   |   |   |   |   |   |   |   |   |   |
| Service                cost                       |   | $                                            | 300 |   |   | $ | 302 |   |   | $ | 103 |   |   | $ | 131 |   |
| Interest                cost                      |   |                                         | 568 |   |   |   | 611 |   |   |   | 151 |   |   |   | 214 |   |
| Amortization                of:                   |   |                                         |   |   |   |   |   |   |   |   |   |   |   |   |
|  Prior                service cost (benefit) |   |                                         | 26 |   |   |   | (335 | ) |   |   | 8 |   |   |   | (112 | ) |
|  Actuarial                loss               |   |                                         | 76 |   |   |   | 207 |   |   |   | (1 | ) |   |   | 101 |   |
| Net                benefit                cost    |   | $                                            | 970 |   |   | $ | 785 |   |   | $ | 261 |   |   | $ | 334 |   |

| 7. | Commitments                and Contingent Liabilities |
|----|-------------------------------------------------------|

----

|                                                        |   | (in                thousands)      |   |
|-------------------------------------------------------------|--------|------------------------------------|--------|
|                                                        |   | Nine                Months         |   |   | Three                Months |   |
|                                                        |   | Ended                September 30, |   |   | Ended                September 30, |   |
|                                                        |   | 2007                               |   |   | 2006 |   |   | 2007 |   |   | 2006 |   |
|                                                        |   |                               |   |   |   |   |   |   |   |   |   |   |
| Net                income                                   |   | $                                  | 29,041 |   |   | $ | 18,773 |   |   | $ | 9,399 |   |   | $ | 6,644 |   |
| Foreign                currency translation                 |   |                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  adjustments                                           |   |                               | 672    |   |   |   | 2,705 |   |   |   | (508 | ) |   |   | 391 |   |
| Unrecognized                components of                   |   |                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  employee                benefit plans                 |   |                               | 566    |   |   |   | - |   |   |   | 188 |   |   |   | - |   |
| Adjustment                to                minimum pension |   |                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  liability                                             |   |                               | -      |   |   |   | (1,919 | ) |   |   | - |   |   |   | (283 | ) |
| Unrealized                holding gains                     |   |                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  (losses)                on marketable securities      |   |                               | 1,020  |   |   |   | (17 | ) |   |   | 358 |   |   |   | 80 |   |
| Change                in the                fair value      |   |                               |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  of                derivatives (cash flow hedges)      |   |                               | (1,108 | ) |   |   | (582 | ) |   |   | (791 | ) |   |   | 20 |   |
| Comprehensive                income                         |   | $                                  | 30,191 |   |   | $ | 18,960 |   |   | $ | 8,646 |   |   | $ | 6,852 |   |

----

|                                                          |   | (in                thousands)      |    |
|---------------------------------------------------------------|--------|------------------------------------|---------|
|                                                          |   | Nine                Months         |    |   | Three                Months |   |
|                                                          |   | Ended                September 30, |    |   | Ended                September 30, |   |
|                                                          |   | 2007                               |    |   | 2006 |   |   | 2007 |   |   | 2006 |   |
|                                                          |   |                               |    |   |   |   |   |   |   |   |   |   |
| Net                Sales:                                     |   |                               |    |   |   |   |   |   |   |   |   |   |
|  Forged                and Cast Rolls                    |   | $                                  | 185,010 |   |   | $ | 154,897 |   |   | $ | 61,251 |   |   | $ | 54,468 |   |
|  Air                and                Liquid Processing |   |                               | 78,630  |   |   |   | 68,516 |   |   |   | 25,909 |   |   |   | 24,601 |   |
|   Total                Reportable Segments          |   | $                                  | 263,640 |   |   | $ | 223,413 |   |   | $ | 87,160 |   |   | $ | 79,069 |   |
|                                                          |   |                               |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Income                before                income taxes:     |   |                               |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  Forged                and Cast Rolls                    |   | $                                  | 41,345  |   |   | $ | 26,088 |   |   | $ | 13,222 |   |   | $ | 9,681 |   |
|  Air                and                Liquid Processing |   |                               | 6,925   |   |   |   | 4,693 |   |   |   | 2,629 |   |   |   | 1,613 |   |
|   Total                Reportable Segments          |   |                               | 48,270  |   |   |   | 30,781 |   |   |   | 15,851 |   |   |   | 11,294 |   |
|   Other                expense, including           |   |                               |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
|    corporate                costs – net  |   |                               | (5,124  | ) |   |   | (3,121 | ) |   |   | (1,925 | ) |   |   | (1,577 | ) |
|                                                          |   |                               |    |   |   |   |   |   |   |   |   |   |   |   |   |   |
|  Total                                                   |   | $                                  | 43,146  |   |   | $ | 27,660 |   |   | $ | 13,926 |   |   | $ | 9,717 |   |
|                                                          |   |                               |    |   |   |   |   |   |   |   |   |   |   |   |   |   |

----

| Approximate                open claims at end of period            | 8,274   | (1) |
|--------------------------------------------------------------------|---------|-----|
| Gross                settlement and defense costs (in 000’s) | $12,124 |
| Approximate                claims settled or dismissed             | 2,352   |
|                                                               |    |

| (1) | *Included                as “open claims” are approximately**2,447**claims                classified in various jurisdictions as “inactive” or transferred to a                state or federal judicial panel on multi-district litigation, commonly                referred to as the MDL.* |
|-----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | HR&A’s                interpretation of a widely accepted forecast of the population likely                to                have been exposed to asbestos; |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | epidemiological                studies estimating the number of people likely to develop asbestos-related                diseases; |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------|

|   | -                12                -   |
|--------|--------------------------------------------------|

|   | • | HR&A’s                analysis of the number of people likely to file an asbestos-related                injury                claim against the subsidiaries and the Corporation based on such                epidemiological data and relevant claims history from January 1, 2004                through August 31, 2006; |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | an                analysis                of pending cases, by type of injury claimed and jurisdiction where                the                claim is filed; |
|--------|---------|----------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | an                analysis                of claims resolution history from January 1, 2004 through August 31,                2006 to determine the average settlement value of claims, by type                of                injury claimed and jurisdiction of filing;                and |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | an                adjustment                for inflation in the future average settlement value of claims, at                an                annual inflation rate based on the Congressional Budget Office’s ten year                forecast of inflation. |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

its      insurance policies include uncertainties surrounding the litigation process      from      jurisdiction to jurisdiction and from case to case, reforms that may be made      by      state and federal courts, and the passage of state or federal tort reform      legislation.

----

| 13. | Recently                Issued Accounting                Pronouncements |
|-----|-------------------------------------------------------------------------|

----

| **ITEM                2 - MANAGEMENT'S DISCUSSION AND ANALYSIS                OF** |
|------------------------------------------------------------------------------------|

| **FINANCIAL                CONDITION AND RESULTS OF                OPERATIONS** |
|---------------------------------------------------------------------------------|

*Forged      and Cast      Rolls.*

*Air      and Liquid      Processing. *

----

*Forged      and Cast      Rolls.*

*Air      and Liquid      Processing. *

| ·   | Interest                and                dividend income decreased due to a change in investment strategy.                A                majority of the current investments are generating appreciation which                will                be realized upon disposition whereas the investments in the prior                year                were primarily income generating with earnings realized on a                month-to-month basis. Interest and dividend income for each of the                nine                months ended includes dividends received from the Chinese joint venture                which increased to $540,000 in 2007 from $170,000 in 2006 on higher                earnings for the joint venture. |
|--------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Interest                expense increased due to an increase in the average borrowing rates                in                2007 (underlying debt is variable-rate                debt). |
|--------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | Other–net                for the nine months ended September 30, 2007 represents a higher                level of                expense primarily attributable to foreign                exchange |
|--------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| -                19                -   |
|--------------------------------------------------|

| ITEM                3 –                QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET                RISK |
|------------------------------------------------------------------------------------------------------------------------|

| ITEM                4 –                CONTROLS AND PROCEDURES |
|----------------------------------------------------------------------|

| (a)   | Disclosure                controls and procedures. An evaluation of the effectiveness of the                Corporation’s disclosure controls and procedures as of the end of the                period covered by this report was carried out under the supervision,                and                with the participation, of the management, including the principal                executive officer and principal financial officer.  Disclosure                controls and procedures are defined under Securities and Exchange                Commission (“SEC”) rules as controls and other procedures that are                designed to ensure that information required to be disclosed by a                company                in reports that it files under the Exchange Act are recorded, processed,                summarized and reported within the required time periods. Based on                that                evaluation, the Corporation’s management, including the principal                executive officer and principal financial officer, have concluded                that the                Corporation’s disclosure controls and procedures were effective as of                September 30, 2007. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| -                20                - |
|--------------------------------------|

----

|   | **PART                II - OTHER INFORMATION** |
|--------|------------------------------------------------|

**AMPCO-PITTSBURGH      CORPORATION**

|   | (a) | Articles                of                Incorporation |
|--------|-----|---------------------------------------------------------|

|   | (b) | By-laws |
|--------|-----|---------|

|   | (a) | Rights                Agreement between Ampco-Pittsburgh Corporation and Chase Mellon                Shareholder Services dated as of September 28,                1998. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (31.1) | Certification                of the principal executive officer pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002 |
|--------|------------------------------------------------------------------------------------------------------------------------------------------|
|   |                                                                                                                                     |
| (31.2) | Certification                of the principal financial officer pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002 |
|   |                                                                                                                                     |
| (32.1) | Certification                of principal executive officer pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002     |
|   |                                                                                                                                     |
| (32.2) | Certification                of principal financial officer pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002     |
|   |                                                                                                                                     |
|   | -                21                -                                                                                                     |

----

|                                             |                                                |
|--------------------------------------------------|-----------------------------------------------------|
|                                             | AMPCO-PITTSBURGH                CORPORATION         |
|                                             |                                                |
|                                             |                                                |
|                                             |                                                |
|                                             |                                                |
| DATE:  November                7, 2007 | BY:  s/Robert                A. Paul      |
|                                             | Robert                A.                Paul        |
|                                             | Chairman                and                         |
|                                             |   Chief                Executive Officer  |
|                                             |                                                |
|                                             |                                                |
|                                             |                                                |
|                                             |                                                |
| DATE:  November                7, 2007 | BY:  s/Marliss                D. Johnson  |
|                                             | Marliss                D.                Johnson    |
|                                             | Vice                President                       |
|                                             |   Controller                and Treasurer |
|                                             |                                                |
|                                             |                                                |
|                                             |                                                |
|                                             |                                                |
|                                             |                                                |
|                                             |                                                |

----

| Exhibit | (31.1) | Certification                of principal executive officer pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002 |
|---------|--------|--------------------------------------------------------------------------------------------------------------------------------------|
|    |   |                                                                                                                                 |
|    | (31.2) | Certification                of principal financial officer pursuant to Section 302 of the                Sarbanes-Oxley Act of 2002 |
|    |   |                                                                                                                                 |
| Exhibit | (32.1) | Certification                of principal executive officer pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002 |
|    |   |                                                                                                                                 |
|    | (32.2) | Certification                of principal financial officer pursuant to Section 906 of the                Sarbanes-Oxley Act of 2002 |
|    |   |                                                                                                                                 |