Dana

Dana names new CFO

Dana has named company "veteran" Timothy Kraus as senior vice president and chief financial officer. Kraus succeeds Jonathan Collins, who…

Dana to JV build EV motors in Sweden

The Dana TM4 joint venture said it was establishing a new factory in Amal, Sweden that would initially produce electric…

Demand slackens but Dana books Q3 profit

Dana sales for the third quarter of 2021 totaled US$2.2bn, compared with $1.99bn in the same period of 2020, representing…

Dana Q2 net income up US$227m to US$53m

Dana has posted second-quarter net income of US$53m, an increase of US$227m, with sales up US$1.1bn to US$2.2bn. "Dana delivered…

Dana to invest in Ashok Leyland’s Switch Mobility

Dana, the drivetrain and e-propulsion system supplier, and Ashok Leyland subsidiary Switch Mobility have signed an agreement. Dana will invest…

Dana expands China AWD production for Ford brands

Dana is now supporting an expanded roster of Ford all-wheel-drive vehicle programmes from its manufacturing facility in Chongqing, China. Dana…

Dana acquires Pi Innovo

Dana has acquired Pi Innovo, a company working in embedded software solutions and electronic control units to support the light…

Dana supplies Spicer AdvanTEK axles to new Land Rover Defender

Dana says the new 2021 Land Rover Defender features its latest Spicer AdvanTEK axles, designed to deliver improved performance and greater power density.…

Dana posts Q2 net loss of US$174m

Dana has recorded a second-quarter net loss of US$174m and sales of US$1.08bn, down from US$2.3bn, driven by the effects of the…

Ford Bronco launch editions sell out – report

All 3,500 initial reservation slots for the most expensive launch version of the 2021 Ford Bronco announced this week in…