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DANA (NYSE: DAN) STOCK QUOTE

Last Trade: US$12.45 0.17 1.38
Volume: 2,955,754
5-Day Change: 23.02%
YTD Change: -14.78%
Market Cap: US$1.810B

LATEST NEWS FROM DANA

MAUMEE, Ohio , Dec. 2, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the UBS Global Industrials and Transportation Conference on Dec. 4, 2024 . Beginning at 12:10 p.m., EST , Dana's Senior Vice President and Chief Financial Officer, Timothy Kraus , will provide a brief overview of the company and answer questions for approximately 40 minutes. Information on accessing the webcast... Read More
Appoints Current Dana Director R. Bruce McDonald as Chairman and CEO Announces Plan to Sell Off-Highway Business Initiates $200 Million Cost Reduction Plan Confirms 2024 Full-Year Guidance Ranges for Sales, Adjusted EBITDA and Free Cash Flow MAUMEE, Ohio , Nov. 25, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the appointment of R. Bruce McDonald , a member of the Dana Board of Directors, as Chairman and... Read More
Sales of $2.48 billion Net income of $4 million Adjusted EBITDA of $232 million Adjusted EBITDA margin of 9.4 percent, a 30-basis-point improvement compared with 2023 Full-year free cash flow guidance maintained at $100 million MAUMEE, Ohio , Oct. 30, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced financial results for the third quarter of 2024. "Dana achieved 30 basis points of profit-margin improvement... Read More
MAUMEE, Ohio , Oct. 23, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Nov. 29, 2024 , to holders of Dana common stock as of Nov. 8 . About Dana Incorporated Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions... Read More
MAUMEE, Ohio , Oct. 22, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced that it has earned the Powertrain Product of the Year Award for its Spicer ™ eSP502 e-Transmission with Power Take-off (PTO) at the Power Progress Summit 2024 held in Chicago on Oct. 1-2 . The award recognizes Dana's commitment to zero emissions — offering OEMs an easily integrated, fully electric driveline system to enhance the... Read More
MAUMEE, Ohio , Oct. 14, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2024 third-quarter financial results on Wednesday, Oct. 30, 2024 . A press release will be issued at approximately 7 a.m. EDT , followed by a conference call and webcast at 9 a.m. EDT . Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference... Read More
MAUMEE, Ohio , Oct. 9, 2024 /PRNewswire/ -- Dana Incorporated announced today that Seth Metzger has been appointed Senior Vice President and Chief Technology Officer (CTO), succeeding Christophe Dominiak who is retiring from Dana. Mr. Metzger has been with Dana for more than two decades and has extensive experience in engineering and technology development. He most recently served as Senior Vice President of Electrification,... Read More
LAS VEGAS , Sept. 24, 2024 /PRNewswire/ -- Today at MINExpo ® , Dana Incorporated (NYSE: DAN) debuted a new certified remanufacturing program for Dana Spicer™ Off-Highway drivetrain components that extends equipment life cycles, supports sustainability initiatives, and improves return on investment. Currently available at Dana facilities across Europe, the Dana Certified Reman™ program will extend to an additional 50... Read More
LAS VEGAS , Sept. 24, 2024 /PRNewswire/ -- Today at MINExpo ® , Dana Incorporated (NYSE: DAN) announced numerous advancements in its portfolio of technologies and aftermarket service capabilities for mobile and industrial mining equipment. Located in booth 12359 of the West Hall, Dana is unveiling the new Dana Certified Reman™ program for Dana Spicer™ drive components used in mining and throughout off-highway. This new... Read More
MAUMEE, Ohio , Aug. 26, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the appointment of Craig Price as Senior Vice President and President of Dana's Off-Highway (OH) Drive and Motion Systems, effective September 1 . Mr. Price succeeds Jeroen Decleer, who unfortunately passed away earlier this month following a brief illness. A 20-year veteran of the company, Jeroen was a people-first leader with... Read More
MAUMEE, Ohio , Aug. 22, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) recently announced its 2023 Supplier Awards recipients. Eight companies representing five countries were recognized for displaying excellence in supporting Dana's strategy. A special ceremony was held on August 14 at the company's world headquarters in Maumee to honor the winners. This year's award winners include: Leveraging the Core Award: Hanil... Read More
MAUMEE, Ohio , Aug. 1, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the J.P. Morgan Auto Conference on Aug. 7, 2024 . Beginning at 1:35 p.m., EDT , Dana's Senior Vice President and Chief Financial Officer, Timothy Kraus , will provide a brief overview of the company and answer questions for approximately 35 minutes. Information on accessing the webcast will be posted to Dana's... Read More
Sales of $2.74 billion Net income of $16 million Adjusted EBITDA of $244 million , an increase of $1 million over last year Adjusted EBITDA margin of 8.9 percent, a 10-basis-point improvement compared with 2023 Free cash flow of $104 million Full-year free cash flow guidance increased to $100 million MAUMEE, Ohio , July 31, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced financial results for the second... Read More
MAUMEE, Ohio , July 24, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Aug. 30, 2024 , to holders of Dana common stock as of Aug. 9 . About Dana Incorporated Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions... Read More
MAUMEE, Ohio , July 16, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2024 second-quarter financial results on Wednesday, July 31, 2024 . A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 9 a.m. EDT . Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference... Read More
MAUMEE, Ohio , July 16, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the appointment of Brian Pour as Senior Vice President and President of Dana Commercial Vehicle Drive and Motion Systems, effective July 22 . Mr. Pour succeeds Aziz Aghili , who recently retired from Dana. Mr. Pour brings to Dana more than 30 years of experience in developing, managing, and leading global businesses within the mobility... Read More
MAUMEE, Ohio , June 26, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the appointment of Dana veteran Lisa Amend as Senior Vice President and Chief Human Resources Officer. Ms. Amend brings to this role more than 20 years of experience as a labor and employment attorney supporting human resources in all areas, including litigation and dispute management, labor relations, employee benefits, and executive... Read More
MAUMEE, Ohio , April 30, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) earned a 2024 Automotive News PACE Award for its electro-mechanical, infinitely variable transmission (EMIVT) system at the annual awards ceremony held on April 29, 2024 . With this win, Dana has earned nine PACE Awards throughout the program's history, including two PACE Innovation Partnership Awards, and has been named a finalist 25 times. Dana's... Read More
Sales of $2.7 billion , an increase of $91 million Net income of $3 million , including a $29 million charge related to the announced European hydraulics business divestiture Adjusted EBITDA of $223 million , an increase of $19 million over last year Adjusted EBITDA margin of 8.2 percent, a 50-basis-point improvement compared with 2023 Operating cash flow improved by $68 million compared with last year Full-year 2024 free... Read More
MAUMEE, Ohio , April 24, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable May 31, 2024 , to holders of Dana common stock as of May 10 . About Dana Incorporated Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions... Read More
MAUMEE, Ohio , April 12, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2024 first-quarter financial results on Tuesday, April 30, 2024 . A press release will be issued at approximately 7 a.m. EDT , followed by a conference call and webcast at 10 a.m. EDT . Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference... Read More
MAUMEE, Ohio , March 20, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the BofA Securities 2024 Automotive Summit on March 26, 2024 . Beginning at 3 p.m. EDT , Dana's Chairman and Chief Executive Officer, James Kamsickas , will provide a brief overview of the company and answer questions for approximately 40 minutes. Information on accessing the webcast will be posted to Dana's... Read More
MAUMEE, Ohio , March 4, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has been recognized as one of the 2024 World's Most Ethical Companies ® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. In 2024, a total of 136 companies spanning 20 countries and 44 industries were recognized. Dana is one of only eight honorees across the mobility industry.... Read More
MAUMEE, Ohio , Feb. 21, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that, as part of an ongoing evaluation of its operations and product portfolio, the company has entered into a definitive agreement to sell its European hydraulics business to HPI Group, a hydraulics business jointly held by Apogee Group and EiM Capital. The transaction is expected to be completed in the first half of 2024, subject to... Read More
Full-year Results Sales of $10.6 billion , an increase of $0.4 billion or 4 percent over last year Net income of $38 million , compared with a net loss of $242 million in 2022 Adjusted EBITDA of $845 million , an increase of $145 million over last year Adjusted EBITDA margin of 8 percent, a 110-basis-point improvement compared with 2022 Operating cash flow of $476 million Record three-year new business sales backlog of $950... Read More
MAUMEE, Ohio , Feb. 14, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable March 22, 2024 , to holders of Dana common stock as of March 1 . About Dana Incorporated Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management... Read More
MAUMEE, Ohio , Feb. 8, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2023 fourth-quarter and full-year financial results on Tuesday, Feb. 20 , 2024. A press release will be issued at approximately 7 a.m. EST , followed by a conference call and webcast at 10 a.m. EST . Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The... Read More
MAUMEE, Ohio , Jan. 23, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that the company was recognized as a "Top Employer 2024" in 16 countries in which it operates. The company was also selected as a Top Employer across Europe and North America due to overall cross-country performance in those regions. According to the Top Employer Institute, the respected award recognizes companies for drivers of high... Read More
MAUMEE, Ohio , Jan. 16, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has been named one of "America's Greatest Workplaces for Diversity" by Newsweek magazine for the second consecutive year. The award recognizes the company's impact and commitment to building a culture that embraces and supports diversity. "We at Dana take pride in attracting terrific people from diverse backgrounds who work... Read More
DOUAI, France , Nov. 27, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today introduced the company's line of Brevini EvoMax™ helical and bevel helical gearboxes for industrial bulk management applications at the Vrac Tech Exhibition. Brevini EvoMax gearboxes are designed to optimize the performance of mining and bulk material handling equipment such as conveyors, stacker reclaimers, wagon tipplers, and ship loading and... Read More
MAUMEE, Ohio , Nov. 21, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the BofA Securities Leveraged Finance Conference on Nov. 28, 2023 . Beginning at 8:50 a.m. EST , Dana's Vice President and Treasurer John Geddes will join in a fireside chat for approximately 30 minutes. Dana will also be participating in the Barclays Global Automotive and Mobility Tech Conference on Nov. 30.... Read More
HANNOVER, Germany , Nov. 14, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced that the company's advanced drive technologies are used on two of the winners in the "Tractor of the Year 2024" awards competition. Featuring a high-performance Spicer ® suspended steer axle, the Fendt e 107 V Vario earned the top honor in the "Sustainable Tractor of the Year" category, while high-precision shifting solutions are... Read More
HANOVER, Germany , Nov. 13, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the launch of a comprehensive vehicle design methodology for delivering complete, integrated suspension solutions for high-performance agriculture tractors. Introduced at Agritechnica, the world's leading trade fair for agriculture machinery, the initiative uses a sophisticated multiphysics approach to produce virtual prototypes... Read More
Steven Miller Replaces Brett Icahn as Icahn Capital Board Designee in Connection with Previously Announced Agreement MAUMEE, Ohio , Nov. 13, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced that Steven Miller has been appointed to the Dana board of directors, effective Nov. 9 , 2023. Mr. Miller will replace Brett Icahn as an Icahn Capital board designee, pursuant to the January 2022 Director Appointment and... Read More
MAUMEE, Ohio , Oct. 27, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the Gabelli Funds 47th Annual Auto Symposium on Oct. 30 , 2023. Beginning at noon PDT ( 3 p.m. EDT ), Dana's Chairman and Chief Executive Officer James Kamsickas will provide a brief overview of the company and answer questions for approximately 30 minutes. Information on accessing both webcasts will be posted to... Read More
Key Highlights Sales of $2.7 billion , an increase of $134 million or 5 percent over last year Net income attributable to Dana of $19 million , an increase of $107 million over last year Diluted EPS of $0.13 ; diluted adjusted EPS of $0.30 , an increase of $0.06 per share over last year Adjusted EBITDA of $242 million , an increase of $50 million or 26 percent over last year Adjusted EBITDA margin of 9.1 percent, a 150 basis... Read More
MAUMEE, Ohio , Oct. 25, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Dec. 1, 2023 , to holders of Dana common stock as of Nov. 10 . About Dana Incorporated Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions... Read More
MAUMEE, Ohio , Oct. 12, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2023 third-quarter financial results on Friday, Oct. 27 , 2023. A press release will be issued at approximately 7 a.m. EDT , followed by a conference call and webcast at 9 a.m. EDT . Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference call... Read More
MAUMEE, Ohio , Sept. 28, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has earned the New Power Technology Award for its e-Driveline and e-Motion drivetrain solution at 2023 Diesel Progress Summit this week. This award specifically honors a supplier that has developed a component or technology in support of non-diesel applications. Dana's fully-electrified driveline for compact construction... Read More
MAUMEE, Ohio , Aug. 3, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the J.P. Morgan Auto Conference on Aug. 10, 2023 . Beginning at 11:45 a.m. EDT , Dana's senior management will provide a brief overview of the company and answer questions for approximately 35 minutes. Information on accessing the webcast will be posted to Dana's Investor website, www.dana.com/investors , before... Read More
Key Highlights Sales of $2.75 billion , an increase of $162 million or 6 percent over last year Net income attributable to Dana of $30 million , an increase of $22 million over last year Diluted EPS of $0.21 ; diluted adjusted EPS of $0.37 , an increase of $0.29 per share Adjusted EBITDA of $243 million , an increase of $81 million or 50 percent over last year Adjusted EBITDA margin improved by 250 basis points compared with... Read More
MAUMEE, Ohio , July 26, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Sept. 1, 2023 , to holders of Dana common stock as of Aug. 11 . About Dana Incorporated Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management... Read More
COLUMBUS, Ohio, July 20, 2023 (GLOBE NEWSWIRE) -- Worthington Industries, Inc. , (NYSE: WOR), a leading industrial manufacturing company, today announced its Tempel Steel business, which manufactures high precision electrical steel laminations for motors and transformer cores used in electric vehicles (EV), charging stations, internal combustion engines, industrial equipment, and energy solutions, has earned a prestigious... Read More
MAUMEE, Ohio , July 13, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has been named to the inaugural list of "America's Greatest Workplaces 2023" by Newsweek magazine. Dana was the only Tier One supplier focused primarily on mobility markets to make the list. In cooperation with research firm Plant-A Insights Group, Newsweek conducted an independent study to find America's Greatest Workplaces.... Read More
SAGUENAY, QC , July 12, 2023 /CNW/ - Arianne Phosphate (the "Company" or "Arianne") (TSXV: DAN) (OTC: DRRSF) (FRANKFURT: JE9N), a development-stage phosphate mining company, advancing the Lac à Paul project in Quebec's Saguenay-Lac-Saint-Jean region, is pleased to announce that it has retained Hybrid Financial Ltd. ("Hybrid") to provide marketing services to the Company. Hybrid has been engaged to heighten market and brand... Read More
MAUMEE, Ohio , June 29, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2023 second-quarter financial results on Friday, July 28 , 2023. A press release will be issued at approximately 7 a.m. EDT , followed by a conference call and webcast at 9 a.m. EDT . Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference call... Read More
MAUMEE, Ohio , June 29, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) recently announced its 2022 Supplier Awards recipients. Thirteen companies representing six different countries were recognized for displaying excellence in supporting Dana's cost, quality, and delivery goals, as well as its "Powering into e-Drive" enterprise strategy. A special ceremony was held yesterday to honor the winners. This year's award... Read More
MAUMEE, Ohio , June 7, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the Deutsche Bank Global Auto Industry Conference on June 14, 2023 . Dana's Senior Vice President and Chief Financial Officer Timothy Kraus will participate in a fireside chat beginning at 8:45 a.m. EDT . Information on accessing the webcast will be posted to Dana's Investor website, www.dana.com/investors ,... Read More
MAUMEE, Ohio , June 7, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has been named one of America's Climate Leaders 2023 by USA Today . The list, compiled by the newspaper's research partner, Statista, recognizes the top 400 companies for their 2021 greenhouse gas (GHG) reduction performance against a 2019 baseline. The companies were evaluated on six measures, sourced from the Carbon Disclosure... Read More
MAUMEE, Ohio , May 10, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) ("Dana") today announced that its wholly-owned subsidiary, Dana Financing Luxembourg S.à r.l. (the "Issuer"), has priced its offering of €425 million aggregate principal amount of 8.500% Senior Notes due 2031 (the "2031 Notes"). The 2031 Notes will be fully and unconditionally guaranteed by Dana. Dana intends to use the net proceeds from the offering... Read More
MAUMEE, Ohio , May 10, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) ("Dana") today announced that its wholly-owned subsidiary, Dana Financing Luxembourg S.à r.l. (the "Issuer"), is proposing to issue €425 million aggregate principal amount of senior unsecured notes due 2031 (the "2031 Notes") in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the... Read More
MAUMEE, Ohio , May 4, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in Oppenheimer's 18 th Annual Industrial Growth Conference on May 9, 2023 . Beginning at 2:15 p.m. EDT , Dana's senior management will provide a brief overview of the company and answer questions for approximately 40 minutes. Information on accessing the webcast will be posted to Dana's Investor website,... Read More
Company Expands Electrification Portfolio for Medium-duty Applications ANAHEIM, Calif. , May 2, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN), a leader in electrification solutions for clean commercial vehicle transportation, announced today an expansion of its Spicer Electrified ™ e-Powertrain offerings to include a family of e-Transmissions for a wide variety of medium-duty electric-vehicle applications. The... Read More
Key Highlights Sales of $2.64 billion , an increase of $164 million or 7 percent over last year Net income attributable to Dana of $28 million , an increase of $11 million over last year Diluted EPS of $0.19 ; diluted adjusted EPS of $0.25 , an increase of $0.09 per share Adjusted EBITDA of $204 million , an increase of $34 million or 20 percent over last year Adjusted EBITDA margin improved by 80 basis points compared with... Read More
MAUMEE, Ohio , April 26, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable June 2, 2023 , to holders of Dana common stock as of May 12 . About Dana Incorporated Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions... Read More
MAUMEE, Ohio , April 17, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2023 first-quarter financial results on Friday, April 28 , 2023. A press release will be issued at approximately 7 a.m. EDT , followed by a conference call and webcast at 9 a.m. EDT . Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference call... Read More
HANOVER, Germany , April 17, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the development of metallic bipolar plates specifically engineered to maximize the performance and accelerate the commercialization of proton exchange membrane (PEM) electrolyzers used to produce hydrogen fuel. Debuting at Hannover Messe this week in hall 13, stand E03, the bipolar plates will leverage Dana's more than two decades... Read More
MAUMEE, Ohio , March 30, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has been named to the inaugural list of "America's Greatest Workplaces for Women 2023" by Newsweek magazine. The award recognizes the company's impact and commitment to building a culture that supports and embraces women in the workplace. Dana was one of only two Tier One mobility suppliers among 600 companies identified in... Read More
MAUMEE, Ohio , March 29, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that once again it has been recognized by General Motors as a 2022 Supplier of the Year. GM celebrated honorees at its 31st annual Supplier of the Year event in San Antonio, Texas , last week. GM's Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM's requirements, in turn providing... Read More
MAUMEE, Ohio , March 28, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the BofA Global Automotive Summit on April 4 , 2023. Beginning at 11:20 a.m. EDT , Dana's senior management will provide a brief overview of the company and answer questions for approximately 40 minutes. Information on accessing the webcast will be posted to Dana's Investor website, www.dana.com/investors ,... Read More
LAS VEGAS , March 14, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced several initiatives―including new drivetrain offerings for electrified vehicles―that strengthen the company's growing commitment to the North American construction and off-highway markets. Among these initiatives, Dana is: Debuting the Spicer Electrified™ eSP502 e-Transmission for the North American construction market. This flexible... Read More
MAUMEE, Ohio , March 13, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has been recognized as one of the 2023 World's Most Ethical Companies ® by Ethisphere, a global leader in defining and advancing the standards of ethical business practices. In 2023, a total of 135 companies spanning 19 countries and 46 industries were recognized. Dana is one of only eight honorees across the mobility... Read More
MAUMEE, Ohio , March 6, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has accelerated the company's climate commitments with a goal of achieving net zero by 2040. As part of this commitment, Dana is accelerating its plan to reduce Scope 1 and 2 greenhouse gas (GHG) emissions and plans to achieve a 75 percent reduction by 2030, up from its previously announced goal of 50 percent by 2030. "Dana is... Read More
MAUMEE, Ohio , March 2, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has been honored with Heavy Duty Trucking (HDT) magazine's 2023 Top 20 Products Award for its Spicer Electrified Zero-8 ™ e-Axles. The family of single and tandem e-Axles are designed for a wide variety of Class 7 and 8 applications. The Zero-8 e-Axles easily integrate into most existing chassis and leverage Dana's vertically... Read More
MAUMEE, Ohio , Feb. 28, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that the Science Based Target initiative (SBTi) has validated the company's climate commitments, including reducing Scope 1 and 2 greenhouse gas (GHG) emissions by more than 50 percent and Scope 3 GHG emissions by more than 25 percent before 2030. The SBTi is a partnership between the Carbon Disclosure Project, the United Nations... Read More
Full-year Results Sales of $10.2 billion , an increase of $1.2 billion or 14 percent over last year Operating cash flow of $649 million , an increase of $491 million Free cash flow of $209 million , an increase of $420 million Adjusted EBITDA of $700 million Sales backlog of $900 million over next three years, a $100 million increase over previous backlog 65 percent of new business is from electric-vehicle platforms MAUMEE,... Read More
MAUMEE, Ohio , Feb. 21, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced that it has been selected by the Wacker Neuson Group – a leading manufacturer of construction equipment – to provide the e-Propulsion system for its compact construction vehicle line-up in Europe , beginning with the Kramer electric wheel loader 5065e as well as the electric telehandler models from Wacker Neuson and Kramer. The... Read More
MAUMEE, Ohio , Feb. 15, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable March 24, 2023 , to holders of Dana common stock as of March 3 . About Dana Incorporated Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management... Read More
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MAUMEE, Ohio , Jan. 30, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it will launch a hydrostatic driveline for telehandlers in North America . The system's modular architecture enables customers to easily transition to a hydrogen or battery-electric vehicle design. The new driveline will be... Read More
MAUMEE, Ohio , Jan. 26, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2022 fourth-quarter and full-year financial results on Tuesday, Feb. 21 , 2023. A press release will be issued at approximately 7 a.m. EST , followed by a conference call and webcast at 9 a.m. EST . Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The... Read More
Recognized for Exceptional People Practices and Employee Engagement MAUMEE, Ohio , Jan. 18, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that the company was recognized as a "Top Employer 2023" in 12 countries in which it operates. The company was also selected as a Top Employer across Europe due to the number of countries earning honors in the region. This prestigious award by the Top Employers... Read More
MAUMEE, Ohio , Jan. 17, 2023 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today that it has been named one of "America's Greatest Workplaces for Diversity 2023" by Newsweek magazine. The award recognizes the company's impact and commitment to building a culture that supports and embraces diversity. "At Dana, we promote acceptance and understanding and attract great people from diverse backgrounds working together... Read More
MAUMEE, Ohio , Dec. 7, 2022 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced that it has signed a long-term agreement with Semikron Danfoss, one of the world's leading manufacturers of power modules, to secure the supply of silicon-carbide semiconductors, which are designed to be scalable in multiple-chip formats. "As we continue to grow our strong backlog of electrified programs, we will remain at the forefront... Read More
MAUMEE, Ohio , Nov. 21, 2022 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the BofA Securities Leveraged Finance Conference on Nov. 29 , 2022. Beginning at 8:10 a.m. EST , Dana's Vice President and Treasurer John Geddes will provide a brief overview of the company and answer questions for approximately 30 minutes. Information on accessing the webcast will be posted to Dana's Investor... Read More
MAUMEE, Ohio , Nov. 21, 2022 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the Barclays Global Automotive and Mobility Tech Conference on Dec. 1 , 2022. Beginning at 2 p.m. EST , Dana's Chairman and Chief Executive Officer James Kamsickas and Senior Vice President and Chief Financial Officer Timothy Kraus will provide a brief overview of the company and answer questions for... Read More
Dana Incorporated (NYSE: DAN) announced today it will participate in the Gabelli Funds 46th Annual Auto Symposium on Oct. 31, 2022 . Beginning at 11:30 a.m. PDT ( 8:30 a.m. EDT ), Dana's Chairman and Chief Executive Officer James Kamsickas will provide a brief overview of the company and answer questions for approximately 30 minutes. Information on accessing both webcasts will be posted to Dana's Investor website,... Read More
Key Highlights Sales of $2.54 billion , an increase of $331 million Net loss attributable to Dana of $88 million ; includes a non-cash goodwill impairment charge Diluted EPS of $(0.61) ; diluted adjusted EPS of $0.24 Adjusted EBITDA of $192 million Free cash flow of $77 million , a year-over-year increase of $247 million Wins 8 th PACE Award for electric-vehicle systems integration Dana Incorporated (NYSE: DAN) today... Read More
Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Dec. 2, 2022 , to holders of Dana common stock as of Nov. 11 . About Dana Incorporated Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all... Read More
Dana Incorporated (NYSE: DAN) announced today that it will be highlighting an array of field-ready electrified solutions for the off-highway market at Bauma 2022, Oct. 24-30. Held in hall A3, booth 326, Dana's exhibition will feature its complete electric systems capabilities for a broad range of applications and will include the latest innovations from the company's portfolio of motors, inverters, controls, e-Hub drives,... Read More
Dana Incorporated (NYSE: DAN) announced today the introduction of its Spicer Electrified ™ eSP502 e-Transmission, a flexible platform designed to support the electrification of vehicles across the construction, mining, material handling, and forestry markets. Available for order today, the e-Transmission will be on display as part of Dana's exhibit at Bauma, Oct. 24-30 , in hall A3, booth 326. Leveraging Dana's powershift... Read More
Dana Incorporated (NYSE: DAN) will release its 2022 third-quarter financial results on Thursday, Oct. 27, 2022 . A press release will be issued at approximately 7 a.m. EDT , followed by a conference call and webcast at 9 a.m. EDT . Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference call can be accessed by telephone from both... Read More
Dana Incorporated (NYSE: DAN) has earned a 2022 Automotive News PACE Award for its for Spicer Electrified ™ Complete Battery Electric e-Propulsion and e-Power System. The awards were presented last week at the Max M. and Marjorie S. Fisher Music Center in Detroit . Now in its 28th year, the prestigious PACE Awards program recognizes suppliers for game-changing technologies that deliver superior innovation, technological... Read More
Dana Incorporated (NYSE: DAN) announced today the launch of the Brevini EvoMax ™ series of helical and bevel-helical gearboxes for marine and offshore applications. The gearbox range introduces five completely new sizes and includes 14 redesigned gearboxes to provide higher torque, greater efficiency, and longer service. Available for order today, the gearboxes will be on display as part of Dana's exhibit Sept. 6-9 at SMM,... Read More
Dana Incorporated (NYSE: DAN) announced today it will participate in the J.P. Morgan Auto Conference on Aug. 10, 2022 . Beginning at 12:45 p.m. EDT , Dana's Chairman and Chief Executive Officer James Kamsickas and Senior Vice President and Chief Financial Officer Timothy Kraus will provide a brief overview of the company and answer questions for approximately 35 minutes. Information on accessing the webcast will be posted to... Read More
Key Highlights Sales of $2.59 billion , an increase of $381 million Net income attributable to Dana of $8 million Diluted EPS of $0.06 Adjusted EBITDA of $162 million Diluted adjusted EPS of $0.08 Free cash flow of $167 million , an increase of $180 million Dana Incorporated (NYSE: DAN) today announced financial results for the second quarter of 2022. "While strong demand, the launching of our new business backlog, and the... Read More
Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable September 2, 2022 , to holders of Dana common stock as of August 12 . About Dana Incorporated Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in... Read More
Dana Incorporated (NYSE: DAN) will release its 2022 second-quarter financial results on Wednesday, August 3 , 2022. A press release will be issued at approximately 7 a.m. EDT , followed by a conference call and webcast at 10 a.m. EDT . Members of the company's senior management team will be available at that time to discuss the results and answer related questions. The conference call can be accessed by telephone from both... Read More
Dana Incorporated (NYSE: DAN) announced today that its operation in Birmingham, United Kingdom , has been awarded a $2.7 million (£2 million) grant to develop an e-Powertrain for OX Delivers — the world's first flat-pack utility vehicle destined for emerging markets in Africa . The OX Delivers truck has been engineered to tackle the toughest terrain and will be shipped as a flat pack and assembled in the destination country.... Read More
Dana Incorporated (NYSE: DAN) announced today it will participate in the Deutsche Bank Global Auto Industry Conference on June 15, 2022 . Beginning at 8 a.m. EDT , Dana's Chairman and Chief Executive Officer James Kamsickas and Senior Vice President and Chief Financial Officer Timothy Kraus will provide a brief overview of the company and answer questions for approximately 35 minutes. Information on accessing the webcast... Read More
Dana Incorporated (NYSE: DAN) announced today that it has confirmed its strategic supply relationship with current OEM partner Lion Electric Co. to support its line-up of electric buses as well as medium- and heavy-duty trucks. The strategic relationship covers the supply of the electric drive systems, including electric motors, inverters, and controllers, as well as axles and driveshafts for all Lion Electric platforms,... Read More
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Dana Incorporated (NYSE: DAN) announced today it will participate in the virtual Oppenheimer 17th Annual Industrial Growth Conference on May 3, 2022 . Beginning at 12:45 p.m. EDT , Dana's Senior Vice President and Chief Financial Officer Timothy Kraus will provide a brief overview of the company and answer questions for... Read More
Key Highlights Sales of $2.48 billion , an increase of $217 million Net income attributable to Dana of $17 million Diluted EPS of $0.12 Adjusted net income attributable to Dana of $23 million Adjusted EBITDA of $170 million Diluted adjusted EPS of $0.16 Repurchased approximately 1.5 million shares of common stock during the first quarter of 2022 Dana Incorporated (NYSE: DAN) today announced financial results for the first... Read More
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Dana Incorporated (NYSE: DAN) announced today that it has secured a leading spot across the Automotive News PACE and PACEpilot Award programs with five innovative electrification technologies being named to the lists. Now in its 28 th year, the prestigious PACE Awards program recognizes suppliers for game-changing technologies... Read More
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Dana today published A Better Way, A Better World – the company's all-digital and interactive annual Sustainability and Social Responsibility report. Available on Dana.com, the report outlines the company's commitment to changing the world by delivering on its e-propulsion strategy, protecting the planet, leading through... Read More
Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable May 27, 2022 , to holders of Dana common stock as of May 6 . About Dana Incorporated Dana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all... Read More
Dana Incorporated (NYSE: DAN) will release its 2022 first-quarter financial results on Wednesday, April 27 , 2022. A press release will be issued at approximately 7 a.m. EDT , followed by a conference call and webcast at 9 a.m. EDT . Members of the company's senior management team will be available at that time to discuss the results and answer related questions. Participants may listen to the audio portion of the conference... Read More
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Dana Incorporated (NYSE: DAN) announced today that it has received Leadership in Energy and Environmental Design (LEED) certification for its Sustainable Mobility Center, located on its World Headquarters campus in Maumee, Ohio , United States . Dana's state-of-the-art Sustainable Mobility Center serves as an engineering... Read More
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Dana Incorporated (NYSE: DAN) announced today that it has been recognized by PACCAR, Inc., as a recipient of its 2021 North American Supplier Performance Management (SPM) Achiever Award and its 2021 10 parts per million (PPM) Quality Award at four manufacturing facilities. The PACCAR SPM Award evaluates suppliers on... Read More
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Dana Incorporated (NYSE:DAN) announced today that it has been recognized by General Motors as an Overdrive Award winner as part of GM's 30th annual Supplier of the Year awards, marking the fifth consecutive year Dana has been honored as a top supplier by GM. Dana was one of 31 companies from 12 countries to earn an Overdrive... Read More
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Full-year Results Sales of $8.9 billion , an increase of $1.8 billion Net income attributable to Dana of $197 million , an increase of $228 million Diluted EPS of $1.35 , an increase of $1.56 Adjusted EBITDA of $795 million ; margin of 8.9 percent of sales Diluted adjusted EPS of $1.66 , an improvement of $1.27 Operating cash... Read More
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Dana Incorporated (NYSE: DAN) announced today that its innovative technologies are featured on the 2022 Ford Maverick™ and Ford ® Bronco ® , the North American Truck and SUV of the Year, respectively. "Dana has been working with Ford since it provided driveline technologies for the revolutionary Model T, and we are proud to... Read More
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Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable March 25, 2022 , to holders of Dana common stock as of March 4 . About Dana Incorporated Dana is a leader in the design and manufacture of... Read More
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Dana Incorporated (NYSE: DAN) announced today it will participate in the Wolfe Research Virtual Global Auto, Auto Tech, and Mobility Conference on Feb. 24 , 2022. Beginning at 8:50 a.m. EST , Dana's Senior Vice President and Chief Financial Officer Timothy Kraus will participate in a fireside chat for approximately 35 minutes.... Read More
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Dana Incorporated (NYSE: DAN) will release its 2021 fourth-quarter and full-year financial results on Wednesday, Feb. 23 , 2022. A press release will be issued at approximately 7 a.m. EST , followed by a conference call and webcast at 9 a.m. EST . Members of the company's senior management team will be available at that time... Read More
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Dana Incorporated (NYSE: DAN) announced today that it placed in the 90th percentile for the Automotive Sector on the S&P Global Corporate Sustainability Assessment (CSA) in its first year participating in the assessment. The company was also recognized with the S&P Global 2022 Sustainability Yearbook Member Award, which honors... Read More
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Dana Incorporated (NYSE: DAN) today announced the launch of Brevini™ S-Series industrial planetary gearboxes specifically engineered to address the durability and reliability requirements of biogas production and wastewater treatment facilities. Available now, Brevini S-Series gearboxes with maximum output torques up to 290... Read More
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Dana Incorporated (NYSE: DAN) announced today that the company was recognized as a "Top Employer 2022" in 10 countries around the world and that its European region was also was collectively named a Top Employer. This prestigious award by the Top Employers Institute honors exceptional human resources programs, including... Read More
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Dana Incorporated (NYSE: DAN) today announced the introduction of three new planetary drives with wide ratio ranges, better power density, and modular designs that expand the company's Spicer Torque-Hub™ support for tracked and wheeled vehicles, as well as Brevini™ winch applications. Available now, the new drives offer output... Read More
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Dana Incorporated (NYSE: DAN) today announced that it has entered into an agreement with Icahn Capital, whereby Brett Icahn and Gary Hu , both of whom are portfolio managers at Icahn Capital, will join the Dana Board of Directors, effective immediately, and stand for election at the company's 2022 Annual Meeting of... Read More
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Dana Incorporated (NYSE: DAN) announced today that Ernesto M. Hernández has been appointed to the company's board of directors, effective immediately. Mr. Hernández is a veteran mobility-industry executive with extensive knowledge of product engineering, manufacturing, planning, program management, sales, marketing, and the... Read More
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Dana Incorporated (NYSE: DAN) announced today that it was named one of "America's Most Responsible Companies 2022" by Newsweek Magazine. The company has been named to the list every year since its inception, marking the third consecutive year for the honor. Dana was ranked 154 out of the 500 awarded companies and ranks fifth... Read More
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Dana Incorporated (NYSE: DAN) today announced the appointment of Dana veteran Timothy R. Kraus as senior vice president and chief financial officer. Mr. Kraus succeeds Jonathan Collins , who will be leaving Dana to become CFO of Clarivate plc (NYSE: CLVT), a world-leading information and analytics provider. Mr. Collins will... Read More
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Clarivate plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, today announced a change to our executive leadership team. Clarivate Executive Vice President and Chief Financial Officer Richard Hanks is leaving the company and will be succeeded by Jonathan Collins... Read More
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Dana Incorporated (NYSE: DAN) announced today it will participate in Credit Suisse's 9th Annual Industrials Conference on Dec. 1 , 2021. Beginning at 12:10 p.m. EST , Dana's Executive Vice President and Chief Financial Officer Jonathan Collins will participate in a fireside chat for approximately 30 minutes. Information on... Read More
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Dana Incorporated (NYSE: DAN) announced today that its Dana TM4 joint venture is establishing a new manufacturing facility in Åmål, Sweden that will initially produce electric motors for the mobility industry. This $50 million fully sustainable operation has received $10.7 million in support from the Swedish business... Read More
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Dana Incorporated (NYSE: DAN) ("Dana") today announced that it has priced its offering of $350 million aggregate principal amount of 4.500% Senior Notes due 2032. The company intends to use the net proceeds from the offering, together with cash on hand, to repay $349 million in outstanding borrowings under its senior secured... Read More
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Dana Incorporated (NYSE: DAN) ("Dana") today announced that it is commencing, subject to market conditions, a registered offering of $350 million aggregate principal amount of senior unsecured notes due 2032. The company intends to use the net proceeds from the offering, together with cash on hand, to repay $349 million in... Read More
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Dana Incorporated (NYSE: DAN) announced today it will participate in the Barclays Global Automotive and Mobility Tech Conference on Nov. 18 , 2021. Beginning at 10 a.m. EST , Dana's Chairman and Chief Executive Officer James Kamsickas and Executive Vice President and Chief Financial Officer Jonathan Collins will provide a... Read More
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Dana Incorporated (NYSE: DAN) today announced that the company's advanced drive technologies are featured on the winners in two categories of the "Tractor of the Year 2022" awards competition. The New Holland ® T6.180 Methane Power tractor was selected among all the finalists to receive the "Sustainable Tractor of the Year"... Read More
In the news release, Dana Incorporated to Participate in Gabelli Funds' 45th Annual Automotive Symposium, issued 27-Oct-2021 by Dana Incorporated over PR Newswire, we are advised by the company that the Eastern Daylight Time was incorrect. The complete, corrected release follows: Dana Incorporated to Participate in Gabelli Funds' 45th Annual Automotive Symposium Dana Incorporated (NYSE: DAN) announced today it will... Read More
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Dana Incorporated (NYSE: DAN) announced today that it has earned the New Power Technology Award and the Achievement of the Year Award for its Spicer Electrified ™ e-Powertrain at the 2021 Diesel Progress Summit and Awards, held this week. The awards recognize Dana's ability to provide a complete, fully integrated e-Powertrain... Read More
Dana Incorporated (NYSE: DAN) announced today it will participate in the 45th Annual Automotive Symposium "Batteries Included" hosted by Gabelli Funds on Nov. 1 , 2021. Beginning at 2:45 p.m. PDT ( 5:45 p.m. EDT ), Dana's Executive Vice President and Chief Financial Officer Jonathan Collins will provide a brief overview of the company and answer questions for approximately 30 minutes. Information on accessing both webcasts... Read More
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Key Highlights Sales of $2.2 billion Net income attributable to Dana of $48 million Diluted EPS of $0.33 Adjusted EBITDA of $210 million Diluted adjusted EPS of $0.41 Hosted Capital Markets Day focused on electrification technology Announced over a dozen significant new EV program wins Dana Incorporated (NYSE: DAN) today... Read More
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Dana Incorporated (NYSE: DAN) announced today a mutual agreement with Modine Manufacturing Company (NYSE: MOD) to terminate Dana's agreement to acquire a portion of Modine's automotive thermal-management business for one dollar with the assumption of certain financial liabilities. Both companies had been actively engaged in... Read More
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Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Nov. 26, 2021 , to holders of Dana common stock as of Nov. 5 . About Dana Incorporated Dana is a leader in the design and manufacture of... Read More
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Dana Incorporated (NYSE: DAN) will release its 2021 third-quarter financial results on Tuesday, Oct. 26 , 2021. A press release will be issued at approximately 7 a.m. EDT , followed by a conference call and webcast at 9 a.m. EDT . Members of the company's senior management team will be available at that time to discuss the... Read More
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Dana today announced that it has signed a long-term cooperation agreement with Robert Bosch GmbH to mass produce metallic bipolar plates for fuel-cell stacks. Dana's licensed intellectual property will serve as the foundation for the companies to co-develop and co-produce the next generation of metallic bipolar plates and... Read More
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Dana Incorporated (NYSE: DAN) is hosting a Capital Markets Day webcast beginning at 10 a.m. EDT . It will be feature presentations from Dana's Chairman and Chief Executive Officer James Kamsickas , Executive Vice President and Chief Financial Officer Jonathan Collins , and other senior company executives. The event will... Read More
Dana Incorporated (NYSE: DAN) announced today it will be hosting a Capital Markets Day at its world headquarters in Maumee, Ohio , on Sept. 28, 2021 . The event will be broadcast virtually beginning at 10 a.m. EDT and feature presentations from Dana's Chairman and Chief Executive Officer James Kamsickas , Executive Vice President and Chief Financial Officer Jonathan Collins , and other senior company executives. The event... Read More
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Dana Incorporated (NYSE: DAN) today announced upgrades to the company's line of Brevini ™ helical and bevel helical gearboxes used in mining and bulk material handling applications. The new gearboxes will be available starting in early 2022. The enhancements include three new monoblock models to more precisely address torque... Read More
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Dana Incorporated (NYSE: DAN) today debuted the new Spicer Electrified ™ e-Powershift transmission, a modular and flexible two-speed solution that offers power take-off (PTO) functionality for electrified heavy-duty mining vehicles. Delivering high efficiency and superior performance in a compact package that simplifies the... Read More
Dana Incorporated (NYSE: DAN) announced today it will participate in the 2021 RBC Capital Markets Global Industrials Virtual Conference on Sept. 9 , 2021. Beginning at 8:40 a.m. EDT , Dana's Chairman and CEO Jim Kamsickas and Vice President and Chief Financial Officer Jonathan Collins will provide a brief overview of the company and answer questions for approximately 30 minutes. Information on accessing both webcasts will be... Read More
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Dana Incorporated (NYSE: DAN) announced today that it will begin production of its eS9000r e-Axle – the first in a line of Spicer Electrified ™ Zero-6 e-Axles – to support the market launch of the Freightliner Custom Chassis Corporation (FCCC) all-electric MT50e medium-duty last-mile delivery vehicle. Designed with a custom... Read More
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Dana Incorporated (NYSE: DAN) today announced an expansion of its Spicer Electrified ™ e-Powertrain offerings to include a family of single and tandem e-Axles designed for a wide variety of Class 7 and 8 applications. The Spicer Electrified ™ Zero-8 e-Axles complement Dana's established heavy-duty electric-vehicle (EV)... Read More
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Dana Incorporated (NYSE: DAN) announced today it will participate in the virtual J.P. Morgan Auto Conference on Aug. 11 , 2021. Beginning at 1:30 p.m. EDT , Dana's Vice President and Chief Financial Officer Jonathan Collins will provide a brief overview of the company and answer questions for approximately 30 minutes.... Read More
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Key Highlights Sales of $2.2 billion , an increase of $1.1 billion Net income attributable to Dana of $53 million , an increase of $227 million Diluted EPS of $0.36 , an increase of $1.56 Adjusted EBITDA of $233 million , an increase of $238 million ; margin of 10.6 percent of sales Diluted adjusted EPS of $0.59 , an increase... Read More
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Dana Incorporated (NYSE: DAN), a global leader in drivetrain and e-propulsion systems, and Switch Mobility Ltd. ('Switch Mobility' or 'the company'), the electrified commercial vehicles company and subsidiary of Ashok Leyland Ltd, a leading commercial-vehicle manufacturer, announced today the signing of a strategic agreement... Read More
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Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Sept. 3, 2021 , to holders of Dana common stock as of Aug. 13 . About Dana Incorporated Dana is a leader in the design and manufacture of... Read More
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Dana Incorporated (NYSE: DAN) will release its 2021 second-quarter financial results on Friday, July 30 , 2021. A press release will be issued at approximately 7 a.m. EDT , followed by a conference call and webcast at 9 a.m. EDT . Members of the company's senior management team will be available at that time to discuss the... Read More
Dana Incorporated (NYSE: DAN) today announced the launch of the Spicer ® HVT1, an advanced powersplit transmission that enables the superior performance and sustainability of agriculture telehandlers. The Spicer HVT1 supports power inputs from 110 to 155 horsepower (80 to 115 kW) and offers fuel savings of up to 30 percent when compared with agriculture telehandlers that use conventional transmissions. "Buyers of agriculture... Read More
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Dana Incorporated (NYSE: DAN) announced today it will accelerate its plans to reduce Scope 1 and 2 greenhouse gas (GHG) emissions by at least 50 percent by 2030, ahead of its original target of 2035 that was announced in October 2020 . The company has also signed a commitment letter with the Science Based Target initiative... Read More
Dana Incorporated (NYSE: DAN) today announced a leadership change for its Light Vehicle Drive Systems business. Industry veteran Byron Foster , who most recently served as Dana's senior vice president and chief commercial, marketing, and communications officer, will succeed Bob Pyle as president, Light Vehicle Drive Systems. Mr. Pyle announced that he will be leaving Dana, effective July 9 , to accept a CEO position outside... Read More
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Dana Incorporated (NYSE: DAN) was named a 2020 General Motors' Supplier of the Year for its driveline technologies and sealing solutions – the two product categories in which the company was eligible. Announced during the 29 th annual awards, the 2020 Supplier of the Year Award winners were selected by a global team of GM... Read More
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Dana Incorporated (NYSE: DAN) announced today it will participate in the virtual Deutsche Bank Global Auto Industry Conference on June 16 , 2021. Beginning at 2:15 p.m. EDT , Dana's Chairman and Chief Executive Officer James Kamsickas and Executive Vice President and Chief Financial Officer Jonathan Collins will provide a... Read More
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Dana Incorporated (NYSE: DAN) announced today it will participate in the virtual KeyBanc Industrials & Basic Materials Virtual Conference on June 1 , 2021. Beginning at 10:40 a.m. EDT , Dana's Executive Vice President and Chief Financial Officer Jonathan Collins will provide a brief overview of the company and answer questions... Read More
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Dana Incorporated (NYSE: DAN) (" Dana ") today announced that its wholly-owned subsidiary, Dana Financing Luxembourg S.à r.l., has priced its offering of €325 million aggregate principal amount of 3.000% Senior Notes due 2029 (the "2029 Notes"). The 2029 Notes will be fully and unconditionally guaranteed by Dana . The company... Read More
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Dana Incorporated (NYSE: DAN) ("Dana") today announced that as of 5:00 p.m. , New York City time, on May 12, 2021 (the "Early Tender Time"), holders of approximately $254 million aggregate principal amount, or approximately 60% of the outstanding principal amount, of its outstanding 5.500% Senior Notes due 2024 (the "2024... Read More
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Dana Incorporated (NYSE: DAN) ("Dana") today announced that its wholly-owned subsidiary, Dana Financing Luxembourg S.à r.l., is proposing to issue €325 million aggregate principal amount of senior unsecured notes due 2029 (the "2029 Notes") in a private offering that is exempt from the registration requirements of the... Read More
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Dana Incorporated (NYSE: DAN) announced today that it has received the inaugural Sustainability Award in Automotive from the ATZ/MTZ Group and Roland Berger for its Holistic Sustainability Approach. The award recognizes companies with developed mobility solutions that take the environment and resources into account in a... Read More
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Dana Incorporated (NYSE: DAN) announced today it will participate in the virtual Oppenheimer 16th Annual Industrial Growth Conference on May 4 , 2021. Beginning at 1:30 p.m. EDT , Dana's Executive Vice President and Chief Financial Officer Jonathan Collins will provide a brief overview of the company and answer questions for... Read More

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