SHANGHAI, April 19, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced that the company is now supporting an expanded roster of Ford Motor Company all-wheel-drive vehicle programs from its state-of-the-art manufacturing facility in Chongqing, China. Dana recently began producing its award-winning Spicer AdvanTEK Ultra™ axles with Spicer SmartConnect™ disconnecting all-wheel-drive (AWD) systems for the… Continue reading 07:00 ETDana Expands Production of All-Wheel-Drive Axle Systems to Support Additional Ford, Lincoln Vehicle Programs in ChinaDana Incorporated (NYSE: …
Author: Dana_Corporation Official News
Mar 01, 2021, 07:21 ETDana Acquires Pi Innovo LLC, Further Enhancing e-Propulsion Software, Controls, and Electronics CapabilitiesDana Incorporated (N…
MAUMEE, Ohio, March 1, 2021 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has acquired Pi Innovo LLC a leader in embedded software solutions and electronic control units to support the light vehicle, commercial vehicle, and off-highway markets. Dana previously held a non-controlling interest. Headquartered near Detroit, Michigan, USA, the acquisition of Pi Innovo… Continue reading Mar 01, 2021, 07:21 ETDana Acquires Pi Innovo LLC, Further Enhancing e-Propulsion Software, Controls, and Electronics CapabilitiesDana Incorporated (N…
Feb 18, 2021, 06:59 ETDana Incorporated Reports 2020 Financial Results, Including Strong New Business Backlog of $700 million; Issues Guidance for 202…
MAUMEE, Ohio, Feb. 18, 2021 /PRNewswire/ — Full-year Results Sales of $7.1 billion, a decrease of $1.5 billion driven by effects of global pandemic Net loss attributable to Dana of $31 million; diluted EPS a loss of $0.21 Adjusted EBITDA of $593 million, margin of 8.3 percent of sales Diluted adjusted EPS of $0.39 Operating… Continue reading Feb 18, 2021, 06:59 ETDana Incorporated Reports 2020 Financial Results, Including Strong New Business Backlog of $700 million; Issues Guidance for 202…
Peterbilt and Dana Announce Collaboration on Electric Truck Powertrain Development
LAS VEGAS, Jan. 8, 2020 /PRNewswire/ — Peterbilt Motors Company and Dana Incorporated (NYSE: DAN) have announced their collaboration on electric powertrain development for Peterbilt Model 220EV battery electric vehicles. The announcement was made in conjunction with CES that opened yesterday in Las Vegas. Peterbilt will integrate Dana’s Spicer® Electrified™ e-propulsion system into its 220EV chassis.… Continue reading Peterbilt and Dana Announce Collaboration on Electric Truck Powertrain Development
Dana Announces Early Results of Tender Offer and Consent Solicitation for 2023 Notes
MAUMEE, Ohio, Nov. 22, 2019 /PRNewswire/ – Dana Incorporated (NYSE: DAN) (“Dana”) today announced that as of 5:00 p.m., New York City time, on November 21, 2019 (the “Early Tender Time”), holders of approximately $162 million aggregate principal amount, or approximately 54% of the outstanding principal amount, of its outstanding 6.000% Senior Notes due 2023 (the… Continue reading Dana Announces Early Results of Tender Offer and Consent Solicitation for 2023 Notes
New Solar Array to Power Dana’s Toledo Operation, Providing Renewable Energy and Neighborhood Investment
TOLEDO, Ohio, Nov. 21, 2019 /PRNewswire/ — The Greater Toledo Community Foundation and numerous partners today kicked off the development of a solar array, located in Toledo’s Overland Industrial Park, that will generate clean, renewable electricity for the 300,000 square foot axle assembly operation of Dana Incorporated (NYSE: DAN), while investing hundreds of thousands of… Continue reading New Solar Array to Power Dana’s Toledo Operation, Providing Renewable Energy and Neighborhood Investment
Dana Announces Extension of Early Tender Time for Tender Offer and Consent Solicitation for 2023 Notes
MAUMEE, Ohio, Nov. 20, 2019 /PRNewswire/ — Dana Incorporated (NYSE: DAN) (“Dana”) today announced that it has extended the early tender time for its previously announced tender offer and consent solicitation (the “Tender Offer and Consent Solicitation”) for any and all of its outstanding 6.000% Senior Notes due 2023 (CUSIP No. 235825AD8) (the “Notes”) from 5:00 p.m.,… Continue reading Dana Announces Extension of Early Tender Time for Tender Offer and Consent Solicitation for 2023 Notes
Fendt Expands Engineering Collaboration with Dana Incorporated through Joint Development of Axles for New Fendt 900 Vario Series Tractors
HANNOVER, Germany, Nov. 11, 2019 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced the expansion of a joint engineering agreement with Fendt, a worldwide brand of AGCO. Over the past three years, the companies have co-developed advanced Spicer® 980 independent suspended axles for the new Fendt 900 Vario series of large tractors. Ranging from 296 to… Continue reading Fendt Expands Engineering Collaboration with Dana Incorporated through Joint Development of Axles for New Fendt 900 Vario Series Tractors
Dana Expands Lineup for Agriculture Equipment with New Spicer® Electrified™ e-Axles and e-Gearboxes for Telehandlers
HANNOVER, Germany, Nov. 11, 2019 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today unveiled new e-Mobility technologies that improve the performance of drive and work functions for field sprayers and telehandlers used in agriculture. At the Agritechnica 2019 trade show, Dana is showcasing drive systems for telehandlers and field sprayers to illustrate the company’s modular approach for… Continue reading Dana Expands Lineup for Agriculture Equipment with New Spicer® Electrified™ e-Axles and e-Gearboxes for Telehandlers
Ultimate Dana 60™ Axles Now Available Without Brackets, Designed to Fit Any Application
LAS VEGAS, Nov. 6, 2019 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it will be offering Ultimate Dana 60 Bracketless™ axles, which remove the mounting brackets, allowing for smoother installation into virtually any application. End users will now be able to add the proper mounting brackets they choose. The axles otherwise include all the… Continue reading Ultimate Dana 60™ Axles Now Available Without Brackets, Designed to Fit Any Application