8-K

============================================================================

                                UNITED STATES
                     SECURITIES AND EXCHANGE COMMISSION
                           WASHINGTON, D.C. 20549

                              ----------------

                                  FORM 8-K

                              ----------------

                               CURRENT REPORT

                     PURSUANT TO SECTION 13 OR 15 (d) OF
                     THE SECURITIES EXCHANGE ACT OF 1934


        DATE OF REPORT (DATE OF EARLIEST EVENT REPORTED): MAY 9, 2005

                              ----------------

                                   EXX INC
           (EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)

                              ----------------


         NEVADA                         1-5654                  88-0325271
(STATE OR OTHER JURISDICTION    (COMMISSION FILE NUMBER)     (I.R.S. EMPLOYER
      OF ORGANIZATION)                                    IDENTIFICATION NUMBER)


  1350 EAST FLAMINGO ROAD, SUITE 300
         LAS VEGAS, NEVADA                                  89119-5263
(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES)                    (ZIP CODE)

     REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE: (702) 598-3223

                              ----------------

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2. below):


[ ] Written communications pursuant to Rule 425 under the Securities Act
    (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act
    (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))






Item 8.01         Other Events

                  (c)      Exhibits

                           99.1 Press Release, dated May 9, 2005

Item 9.01         Financial Statements and Exhibits

                  On May 9, 2005, EXX INC (the "Registrant") issued a press
release announcing that DaimlerChrysler awards significant new powertrain
business to a subsidiary of Newcor. A copy of the press release is attached
hereto and incorporated herein as Exhibit 99.1.




                                 SIGNATURES

                  Pursuant to the requirements of the Securities Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.




                                          EXX INC




Date: May 9, 2005                    By:  /s/ David A. Segal
                                          ---------------------------------
                                          Chairman of the Board
                                          Chief Executive Officer
                                          Chief Financial Officer







                                EXHIBIT INDEX



Exhibit No.         Description
- -----------         -----------

99.1                Press Release, dated May 9, 2005

EX-99.1

                                                                EXHIBIT 99.1



                                   EXX INC
                                  SUITE 689
                           1350 EAST FLAMINGO ROAD
                             LAS VEGAS, NV 89119


                   DAIMLERCHRYSLER AWARDS SIGNIFICANT NEW
                   --------------------------------------
                 POWERTRAIN BUSINESS TO A NEWCOR SUBSIDIARY
                 ------------------------------------------

LAS VEGAS, NV. MAY 9, 2005--EXX INC (AMEX: EXX-A AND EXX-B) TODAY REPORTED
THAT ONE OF THE SUBSIDIARIES OF NEWCOR, INC. (A 99% OWNED SUBSIDIARY OF EXX
INC) HAS RECEIVED PURCHASE ORDERS FROM DAIMLERCHRYSLER CORPORATION (DCX) TO
MACHINE AXLES FOR TWO CURRENT POWERTRAIN PROGRAMS. THE ANTICIPATED SALES
WOULD APPROXIMATE A 20% INCREASE OVER EXX'S CURRENT SALES AND PROFITABILITY
ON AN ANNUAL BASIS. PRODUCTION UNDER THE CONTRACTS IS PLANNED TO BEGIN
SHORTLY AND BUILD UP TO FULL PRODUCTION LEVELS IN THE FOURTH QUARTER OF
2005.

IN 2004, EXX HAD ANNOUNCED THAT NEWCOR HAD BEEN NOTIFIED BY ITS MAJOR
CUSTOMER, AMERICAN AXLE & MANUFACTURING, THAT NEWCOR WOULD LOSE CERTAIN AXLE
MACHINING BUSINESS DUE TO AMERICAN AXLE'S STRATEGIC DECISION TO IN-SOURCE
AXLE MACHINING. THIS LOST BUSINESS IS STILL ANTICIPATED BY NEWCOR COMMENCING
WITH THE WITHDRAWAL OF TWO PARTS IN THE THIRD QUARTER OF 2005 WITH
INCREASING VOLUMES OF PARTS BEING WITHDRAWN THROUGH 2006. IT IS ANTICIPATED
THAT WHEN AND AS AMERICAN AXLE COMPLETES THE INSOURCING PROGRAM THE LOST
BUSINESS WILL BE APPROXIMATELY THE SAME SALES VOLUME AND PROFITABILITY AS
THE NEW BUSINESS AWARDED BY DAIMLERCHRYSLER.

THE ABOVE RESULTS OF OPERATIONS CONTAIN CERTAIN FORWARD-LOOKING STATEMENTS
WHICH ARE COVERED UNDER THE SAFE HARBOR PROVISIONS OF THE PRIVATE SECURITIES
LEGISLATION REFORM ACT OF 1995 WITH RESPECT TO THE COMPANY'S FUTURE
FINANCIAL PERFORMANCE. ALTHOUGH EXX INC BELIEVES THE EXPECTATIONS REFLECTED
IN SUCH FORWARD-LOOKING STATEMENTS ARE BASED ON REASONABLE ASSUMPTIONS, IT
CAN GIVE NO ASSURANCE THAT ITS EXPECTATIONS WILL BE REALIZED.
FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS WHICH MAY CAUSE
EXX INC'S ACTUAL RESULTS AND CORPORATE DEVELOPMENTS TO DIFFER MATERIALLY
FROM THOSE EXPECTED. FACTORS THAT COULD CAUSE RESULTS AND DEVELOPMENTS TO
DIFFER MATERIALLY FROM EXX INC'S EXPECTATIONS INCLUDE, WITHOUT LIMITATION,
CHANGES IN MANUFACTURING AND SHIPMENT SCHEDULES, NEW PRODUCT AND TECHNOLOGY
DEVELOPMENTS, COMPETITION WITHIN EACH BUSINESS SEGMENT, CYCLICALITY OF THE
MARKETS FOR THE PRODUCTS OF A MAJOR SEGMENT, LITIGATION, SIGNIFICANT COST
VARIANCES, THE EFFECTS OF ACQUISITIONS AND DIVESTITURES, AND OTHER RISKS.