Business, Equipment

Dana Amends Credit Agreement

Dana Inc. announced an amendment to its existing senior secured credit facility that increases the aggregate amount available to $1 billion from $750 million and extends the maturity by two years to 2024.

September 6, 2019
Business, Technology, Equipment

Dana Acquires e-Powertrain Integrator Nordresa

Dana Holding Corps. building Dana Holding Corp.

Dana Inc. announced it completed the acquisition of Nordresa Motors Inc., which designs and integrates electric systems for commercial vehicles.

August 26, 2019
Business

Dana Reports 2Q Net Loss of $68 Million on Pension Plan Charge

Dana Holding Corp. world headquarters in Maumee, Ohio Dana Holding Corp. headquarters in Maumee, Ohio. (Dana Holding Corp.)

Dana Inc., a major supplier of drivetrain, sealing and thermal-management technologies, reported a net loss of $68 million for the second quarter ended June 30.

Jim Stinson | Staff Reporter
July 31, 2019
Business

Dana Improves Second-Quarter Net Income, Sales

Dana headquarters Dana Holding Corp.

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
Business, Equipment

Dana Sales Up, but Tax Charge Hurts Profits

Dana axles at a trucking trade show Dana Inc. axles at a trucking trade show last year. (John Sommers II for Transport Topics)

Industrial parts supplier Dana Inc. reported Feb. 13 its fourth-quarter and full-year 2017 results, stating a net loss of $104 million in the fourth quarter compared with income of $485 million in the same period in 2016.

Burney Simpson | Staff Reporter
February 13, 2018
Business, Technology, Equipment

Steer Axle Suppliers Focus on Weight Reduction

Dana axle Dana axles (John Sommers II for Transport Topics)

Shaving off weight has become a central objective of truck component design, and nowhere is that “lightweighting” trend more apparent than on the front axle.

Steve Sturgess | Contributing Writer
September 8, 2017
Business, Equipment

Dana Reports Double-Digit Growth in 2Q Income, Sales

Dana headquarters Dana Holding Corp.

Dana Inc.’s net income and earnings jumped in the second quarter compared with a year earlier, attributed to improved market conditions and operational execution.

July 31, 2017
Special Coverage, Business

Dana Plans Web-Based Course to Help Fleets With ‘Downspeeding’

TT File Photo

NASHVILLE, Tenn. — Dana Holding Corp. is planning a new Web-based training and maintenance course aimed at keeping fleet technicians apprised of the changes in engine “downspeeding,” an increasingly prevalent strategy for boosting fuel efficiency.

Michael G. Malloy | Web Editor
February 16, 2015