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30

Jul

Dana to Purchase Drive Systems Segment of Oerlikon Group

Dana to Purchase Drive Systems Segment of Oerlikon Group

Dana to Purchase Drive Systems Segment of Oerlikon Group Acquisition adds complementary products, key electrification technologies for each of Dana’s end markets MAUMEE, Ohio, July 30, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that it has signed a definitive agreement to purchase the Drive Systems segment of the Oerlikon Group (SIX: OERL), a […]

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26

Jul

Dana Incorporated Announces Second-quarter 2018 Financial Results

Dana Incorporated Announces Second-quarter 2018 Financial Results

Dana Incorporated Announces Second-quarter 2018 Financial Results with Significant Revenue Growth, Affirms Full-year Guidance Ranges Advances Global Electrification Strategy with Acquisition of TM4 MAUMEE, Ohio, July 25, 2018 /PRNewswire/ –Dana Incorporated logo. (PRNewsFoto/Dana Incorporated) Highlights Sales of $2.1 billion, an increase of $214 million; growth of 12 percent Net income attributable to Dana of $124 […]

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22

Jun

Dana Incorporated and Hydro-Québec Announce Strategic Joint Venture

Dana Incorporated and Hydro-Québec Announce Strategic Joint Venture

– TM4’s motor and inverter capabilities complement Dana’s e-Drive design, engineering, and manufacturing – Positions Dana as the only supplier with complete gearbox, motor, inverter, and thermal-management capability, creating a leader in power generation and conveyance for electrified vehicles – Dana’s extensive market breadth enables TM4 to realize its full business potential MAUMEE, Ohio, and BOUCHERVILLE, Québec, […]

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24

Apr

Dana Unveils Comprehensive Strategy for Electrification in Construction, Off-Highway Markets

Dana Unveils Comprehensive Strategy for Electrification in Construction, Off-Highway Markets

Aerial Work Platform Showcases Market-Ready Spicer® Electrified™ Technologies, with Ongoing Support for Future Vehicle Architectures PARIS, April 23, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today revealed new technologies in support of the rapidly evolving development of hybrid- and electric-powered construction and other off-highway vehicles at Intermat, the international exhibition for the civil engineering and […]

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23

Apr

Dana Launches New Series of Brevini® Winches to Improve Safety, Efficiency of Construction, Material-Handling Vehicles

Dana Launches New Series of Brevini® Winches to Improve Safety, Efficiency of Construction, Material-Handling Vehicles

PARIS, April 23, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced a new series of high-performance Brevini® winches for construction and material-handling vehicles, as well as other mobile machinery and stationary industrial applications.  Each winch in this new series features a compact, high-speed piston motor for efficient operation, and the range will offer 13 different […]

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30

Mar

Dana Comments on Decision by GKN Shareholders

Dana Comments on Decision by GKN Shareholders

MAUMEE, Ohio, March 29, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) acknowledges the decision by a majority of the shareholders of GKN plc to accept the proposal by Melrose Industries plc to acquire GKN. As a consequence, it appears unlikely that our proposed combination with GKN Driveline will proceed. “We are, of course, disappointed by […]

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09

Mar

Dana Announces Agreement to Combine with GKN’s Driveline Division

Dana Announces Agreement to Combine with GKN’s Driveline Division

— Creates a global leader in vehicle drive systems and electric propulsion — Significantly increases scale – combined sales of $13.4 billion — Anticipated run-rate cost synergies of $235 million — Accretive to Dana’s adjusted earnings per share in 2019 Mar 9, 2018 MAUMEE, Ohio, March 9, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced […]

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15

Feb

Dana Incorporated Announces Strong 2017 Financial Results, Affirms Significant 2018 Guidance Increase

Dana Incorporated Announces Strong 2017 Financial Results, Affirms Significant 2018 Guidance Increase

MAUMEE, Ohio, Feb. 13, 2018 /PRNewswire/ Full-Year Highlights Sales of $7.2 billion, an increase of $1.4 billion, growth of 24 percent Net income attributable to Dana of $111 million; diluted EPS of $0.71, inclusive of $186 million one-time, non-cash charge due to U.S. tax reform Adjusted EBITDA of $835 million, providing a margin of 11.6 percent, an expansion of 30 basis points Diluted […]

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29

Jan

Dana to Showcase Electrification, Safety Capabilities for Aerial Work Platforms at Intermat 2018

Dana to Showcase Electrification, Safety Capabilities for Aerial Work Platforms at Intermat 2018

PARIS, Jan. 22, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced that the company will present its Spicer® drive systems and Brevini® motion systems for aerial work platforms (AWPs) at the upcoming Intermat 2018 construction show.  These offerings include products that support the increased demand for electrified drive systems, as well as those that […]

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22

Jan

Dana Introduces New Space-Saving Drive and Motion Offering for Single Drum Rollers

Dana Introduces New Space-Saving Drive and Motion Offering for Single Drum Rollers

PARIS, Jan. 22, 2018 /PRNewswire/ Dana Incorporated (NYSE: DAN) today announced a new, optimized axle/gearbox combination for small- and medium-sized single drum rollers that enables original-equipment manufacturers to reduce the package size of motors, pumps, and other hydraulic components. Dana now offers a solution that includes the Spicer® 192 rigid planetary axle, a Spicer® CTU […]

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