Dana News Updates

BusinessEquipment

Dana Reports Record Results in 2018

Supplier Dana Inc. reported record full-year net income and revenue, and quarterly improvements in both areas.

February 15, 2019
BusinessEquipment

Dana Reports Higher Sales in Preliminary 2018 Results

Commercial vehicle supplier Dana Inc. announced preliminary 2018 financial results that included higher revenue, and higher earnings before interest, taxes, depreciation and amortization.

January 15, 2019
Business

Dana Posts 38% Jump in Third-Quarter Net Income

Supplier Dana Inc. reported third-quarter net income surged and revenue climbed higher amid strength in three of its four business units.

October 29, 2018
BusinessTechnologyEquipment

Dana Showcases Expanded Range of Electric-Vehicle Systems, Components at IAA

HANOVER, Germany — Dana Inc. showcased a broad range of components and systems to support vehicle electrification at the IAA Commercial Vehicles show.

September 21, 2018
BusinessTechnology

Dana Expands E-Commerce Aftermarket Platform

Dana Inc. announced it is expanding its e-commerce platform, DanaAftermarket.com, to support customers in the European, Middle Eastern and African regions after recently launching the platform in the United States.

August 3, 2018
BusinessEquipment

Dana to Acquire Oerlikon’s Drive Systems Unit

Dana Inc. announced it signed a definitive agreement to purchase the drive systems segment of the Oerlikon Group, a Swiss manufacturer of high-precision gears, planetary hub drives for wheeled and tracked vehicles and products, control and software that support vehicle electrification across the mobility industry.

July 30, 2018
Business

Dana Improves Second-Quarter Net Income, Sales

Dana Inc. reported higher second-quarter revenue and net income as it underscored its growth opportunities as an e-propulsion design, engineering and manufacturing systems supplier.

July 25, 2018
BusinessTechnologyEquipment

Dana, Workhorse Focus on E-Drive Axle

LONG BEACH, Calif. — Dana Inc. and Workhorse Group Inc. showed a concept model medium-duty truck designed for city delivery featuring Dana’s Spicer Electrified, an integrated e-drive axle whose lighter weight allows for higher payloads.

May 8, 2018
BusinessEquipment

Dana Adds to Offer for UK-based Driveline Operation

Dana Inc. announced it has upped its offer for the driveline division of United Kingdom-based GKN plc by $140 million to $1.77 billion, an 8.6% increase.

March 27, 2018
BusinessEquipment

Dana Inc. Moves to Acquire Driveline Division of GKN

Dana Inc. announced its signature of definitive agreements to combine with the driveline division of United Kingdom-based GKN plc to create Dana Plc, a global driveline systems company.

March 14, 2018