Dana has reported third quarter net income up 32% to US$90m, compared to US$68m in the same period last year.

Sales for the quarter were US$1.64bn, US$32m lower than the same period in 2013.

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The effects of weaker currencies, principally in South America, reduced sales by US$35m in the quarter.

Sales were favourably impacted by stronger production levels in the North American light- and commercial-vehicle markets, while continued weakness in global off-highway end-markets and further softening in South America demand across all end markets lowered sales when compared with last year.

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Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

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