Dana Introduces New Drive Technologies
Dana Inc. announced new drive technologies for material-handling vehicles, including a low-voltage, high-efficiency motor for electric-powered applications.
July 10, 2020Dana Hires Hong Yang for Electric Vehicle Systems Post
Dana Inc. announced Hong Yang joined the company as senior director of electric vehicle systems engineering for its commercial vehicle drive and motion business unit.
May 11, 2020Dana Q1 Net Income Falls, Revenue Slips
Vehicle component manufacturer Dana Inc. saw net income fall 62% and revenue decline in the first quarter amid a pileup of weakness in the heavy-duty truck market, curtailed production and the spread of the novel coronavirus.
Dana Reduces Operating Costs Due to Lower Demand
Dana Inc. announced it significantly reduced operating costs, secured $500 million of incremental liquidity and temporarily suspended its quarterly dividend due to lower customer demand.
April 20, 2020Dana Names Ryan Laskey to Lead Business Unit
Dana Inc. appointed Ryan Laskey to lead the company’s commercial vehicle drive and motion systems business.
April 10, 2020Dana Puts Focus on Axles, Driveshafts, Training
ATLANTA — Dana Inc. announced the start of production for its electrified axle for Classes 4-5 commercial vehicles, enhancements to its SPL Series driveshafts and broadened its maintenance and inspection videos.
Dana Q4 Profits Dip, but Revenue Grows
Vehicle component manufacturer Dana Inc. reported a slight increase in revenue but a dip in profits for the fourth quarter as higher interest expenses and a slide in demand for heavy-duty trucks chipped into its earnings.
Dana Elects CEO James Kamsickas Chairman
Dana Inc. appointed CEO and President James Kamsickas to the additional post of chairman.
December 16, 2019Dana Posts Record Q3 Sales, Higher Net Income
Dana Inc. notched higher net income and record revenue in the third quarter, propelled by its backlog and recent acquisitions.
Dana Announces Partnerships for Electric Vehicles
ATLANTA — Dana Inc. announced three partnerships intended to advance its electrified powertrain business, including one with an unidentified major North American commercial-vehicle manufacturer to supply complete e-powertrain systems for a medium-duty vehicle program beginning next year.