dana News Updates

BusinessTechnologyEquipment

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, 2020
BusinessTechnologyFuel

Dana 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, 2020
BusinessEquipment

Dana 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.

April 30, 2020
BusinessEquipment

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, 2020
BusinessTechnology

Dana 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, 2020
BusinessTechnologyEquipment

Dana 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.

February 23, 2020
BusinessEquipment

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.

February 13, 2020
Business

Dana Elects CEO James Kamsickas Chairman

Dana Inc. appointed CEO and President James Kamsickas to the additional post of chairman.

December 16, 2019
BusinessEquipment

Dana 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.

October 31, 2019
BusinessTechnologyEquipment

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.

October 27, 2019