Auto Supplier Dana Exploring Sale of Off-Highway Unit
Dana Inc. is exploring a sale of its off-highway business, people familiar with the matter said, as the automotive supplier responds to sluggish demand in its key markets.
October 18, 2024Dana Reports Mixed Q4 Financials, Record Sales Backlog
Truck parts supplier Dana Inc. on Feb. 22 reported increased revenue but an earnings loss in the fourth quarter of 2022. The company also forecasts that 65% of its new business will be from electric-vehicle platforms.
February 23, 2023Dana Reports Q3 Net Loss, Revenue Gain
Dana Inc. posted mixed results in the third quarter, citing ongoing supply and production disruptions.
Dana Q2 Net Income Drops, Revenue Rises
Dana Inc. reported net income dropped and revenue increased in Q2 amid a host of persistent industry challenges.
Dana Reports Gain in Q1 Revenue, Lower Net Income
Dana Inc. reported first-quarter net income dropped and revenue slightly increased.
Dana Reports Mixed Q4 Results
Dana Inc. reported mixed results in the fourth quarter as net income fell and revenue moved higher as the disrupted supply chain continued to hamper operations, and heavy-duty truck demand rose.
Dana Names Timothy Kraus Chief Financial Officer
Dana Inc. announced the appointment of company veteran Timothy Kraus as chief financial officer.
December 9, 2021Dana Reports Higher Q3 Income, Revenue
Dana Inc. reported increased net income and revenue for the third quarter, citing strong customer demand in its heavy-vehicle markets.
Dana Announces New HD, MD e-Axles
LONG BEACH, Calif. — Dana Inc. announced an expansion of its Spicer Electrified e-powertrain offerings to include a family of single and tandem e-axles designed for a variety of Classes 7 and 8 applications.
Dana Posts Solid Financials in Second Quarter
Dana Inc. reported large gains in second-quarter net income and revenue as strong customer demand for its products continued.