dana News Updates

Business, Equipment

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, 2024
Business, Technology, Equipment

Dana 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, 2023
Business, Equipment

Dana Reports Q3 Net Loss, Revenue Gain

Dana Inc. posted mixed results in the third quarter, citing ongoing supply and production disruptions.

October 27, 2022
Business, Equipment

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.

August 3, 2022
Business, Technology, Equipment

Dana Reports Gain in Q1 Revenue, Lower Net Income

Dana Inc. reported first-quarter net income dropped and revenue slightly increased.

April 28, 2022
Business, Technology, Equipment

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.

February 23, 2022
Business

Dana Names Timothy Kraus Chief Financial Officer

Dana Inc. announced the appointment of company veteran Timothy Kraus as chief financial officer.

December 9, 2021
Business, Technology

Dana 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.

October 26, 2021
Business, Technology, Equipment

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.

September 7, 2021
Business, Technology, Equipment

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.

August 2, 2021