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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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08

Mar

Dana’s marine expertise contributes to innovative submarine rescue system.

Dana’s marine expertise contributes to innovative submarine rescue system.

Through the Dana Brevini® brand, Dana’s UK marine engineering team have worked closely with Caley Ocean Systems on a range of marine and subsea contracts, over many years. This latest project sees Dana specifying and supplying gearboxes and slew bearings as part of an innovative Submarine Rescue System, the first of which is due to […]

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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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17

Jan

Dana Incorporated Announces Strong Preliminary 2017 Financial Results and Guidance for 2018, Increased Outlook for 2019, $800 Million of Sales Backlog, and Increase to Quarterly Dividend

Dana Incorporated Announces Strong Preliminary 2017 Financial Results and Guidance for 2018, Increased Outlook for 2019, $800 Million of Sales Backlog, and Increase to Quarterly Dividend

MAUMEE, Ohio, Jan. 17, 2018 /PRNewswire/ — Dana Incorporated (NYSE: DAN) today announced strong preliminary financial results for 2017 and guidance for 2018.  Preliminary sales and adjusted EBITDA for 2017 are in line with the company’s previous guidance.  The 2018 guidance reflects significant sales, earnings, and cash flow growth.  The increased outlook for 2019 represents […]

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06

Dec

Dana Showcases On- and Off-shore Marine Expertise at Marintec China 2017

Dana Showcases On- and Off-shore Marine Expertise at Marintec China 2017

Demonstrating our commitment to growing in industrial segments, Dana is exhibiting Brevini and GWB technologies at Marintec China, the largest on- and off-shore marine expo in the Asia Pacific region the week of Dec. 4. The portfolio of products on display include drive, motion, and control systems found in shipyards and on vessels, including winches, […]

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