The purpose of the current work is the experimental investigation and modeling of Portevin–Le Châtelier (PLC) band development in AlMg3 aluminum alloys, in particular in AA5754. The experimental investigation employs both mechanical and thermal (infrared) radiation measurement methods. The former involve force, displacement, and strain measurements using strain gauges. The latter employ a high-speed infrared camera to capture PLC band trajectories and evolution. In addition, the critical strain for band nucleation, as well as band characteristics such as velocity, type, and strain state, have been determined. To model the experimental results, a modification of the Estrin–McCormick model (e.g., Estrin and McCormick, 1991) due to Böhlke et al. (2009) is employed. In this modification, the saturation value of the Cottrell–Bilby–Louat (CBL) contribution to the effective flow stress due to dynamic strain aging is not constant, but rather is assumed to be linearly dependent on the accumulated effective inelastic strain. This model is incorporated into a finite-element model for the experimental specimens constructed with the help of convergence and mesh-sensitivity studies. Using selected mechanical test data, model parameters for AA5754 are then identified. With the identified model, a number of comparisons between experimental results and model predictions are carried out for validation purposes. Attention is focused here in particular on aspects of PLC band nucleation and propagation. Nucleation behavior is studied in particular with respect to stress gradients. It was found that the stress gradient is not the main trigger for PLC band nucleation, and is less relevant with increasing strain. The comparison of experimental and simulation results for spatio-temporal strain patterns and stress distribution shows that strong stress drops are correlated with the start of longitudinal propagation of a fully evolved PLC band. Small oscillations between large stress drops during propagation of type B bands indicate the consecutive nucleation, propagation and disappearing of these bands. The transition region from normal to inverse behavior (decreasing strain rate) denotes the transition from type A to type B. A transition with increasing strain is observed both experimentally and in the simulation. For lower strain rates and higher strains, type C bands are observed as well. Generally speaking, the band velocity decreases with decreasing strain rate and increasing strain. On the other hand, the band strain is found to increase with increasing strain, and only slightly with increasing strain rate. Simulation and experimental results, generally, show very good agreement.