Welcome to our dedicated page for Dana news (Ticker: DAN), a resource for investors and traders seeking the latest updates and insights on Dana stock.
Dana Incorporated (NYSE: DAN) is a manufacturing company that designs and manufactures propulsion and energy-management solutions for vehicles and machines in mobility markets worldwide. News about Dana often highlights its role as a Tier 1 supplier to vehicle manufacturers, its focus on both conventional and clean‑energy technologies, and developments in its light-vehicle and commercial-vehicle businesses.
Visitors to this page can review news releases covering Dana’s financial results, strategic transactions, capital structure actions, and investor communications. Recent announcements include quarterly earnings updates, details on cost‑savings initiatives, and information about the company’s transformation strategy, such as the completed sale of its Off-Highway business to Allison Transmission Holdings, Inc. News items also describe how proceeds from that transaction are being used in tender offers and redemptions of senior notes as part of a broader debt reduction plan.
Dana’s news flow also features participation in investor conferences, scheduled webcasts and conference calls, and updates on dividends declared by its board of directors. Corporate governance developments, such as the appointment of new board members and changes to executive employment agreements, are disclosed through press releases and related SEC filings.
For investors and observers of the automotive and mobility supply chain, Dana’s news provides insight into its operating performance, strategic priorities, and balance sheet management. This page aggregates those announcements so readers can follow disclosures related to propulsion and energy‑management technologies, transformation initiatives, and other material events affecting Dana Incorporated and the DAN stock.
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Dana Incorporated (NYSE: DAN) has declared a quarterly dividend of $0.10 per share, payable on June 2, 2023, to shareholders as of May 12, 2023. The company, headquartered in location value="LU/us.oh.maumee"Maumee, Ohio, reported sales of $10.2 billion in 2022 and employs 42,000 people globally. Dana is recognized for its commitment to sustainability and ethical practices, being named one of the "World's Most Ethical Companies" for 2023 and one of "America's Most Responsible Companies" by Newsweek. The firm specializes in efficient propulsion and energy-management solutions, serving the global mobility market.
Dana Incorporated (NYSE: DAN) will release its 2023 first-quarter financial results on April 28, 2023. A press release will be issued at 7 a.m. EDT, followed by a conference call at 9 a.m. EDT. Senior management will discuss the results and answer questions. Dana, based in Maumee, Ohio, reported $10.2 billion in sales for 2022 and employs 42,000 people across 31 countries. The company is recognized for its ethical practices and responsible operations, named among the World's Most Ethical Companies and America's Most Responsible Companies for 2023. Investors can access the conference call through a toll-free dial-in number and will also have the option to listen to a replay via the Dana investor website.
Dana Incorporated (NYSE: DAN) has unveiled new metallic bipolar plates designed to enhance the performance of proton exchange membrane (PEM) electrolyzers for hydrogen fuel production. Showcased at Hannover Messe, these plates incorporate Dana's extensive design experience to improve efficiency and reduce electrical losses. Currently in prototype testing, commercial production is expected by late 2023. The company plans to install a major production line in Neu-Ulm, Germany, capable of producing up to 8 million plates annually. Dana aims to support the energy transition with innovations for both mobile and stationary fuel-cell applications.
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Dana, listed on NYSE under the ticker DAN, will participate in the BofA Global Automotive Summit on April 4, 2023, starting at 11:20 a.m. EDT. Senior management will present an overview and address questions for about 40 minutes. Investors can access the webcast via Dana's Investor website prior to the event. Dana, based in Maumee, Ohio, reported $10.2 billion in sales in 2022, employing 42,000 people globally. The firm is recognized for its sustainable practices and was named one of "America's Most Responsible Companies 2023" by Newsweek.
Dana Incorporated (NYSE: DAN) has announced new initiatives focused on enhancing its electrification portfolio for the North American construction and off-highway markets. Key developments include the debut of the Spicer Electrified™ eSP502 e-Transmission, designed for various off-highway vehicles, and a modular drivetrain solution for telehandlers. Additionally, Dana will expand production capabilities at its Lafayette, Indiana facility to meet the increasing demand for compact track loaders. These strategic expansions position Dana as a leader in sustainable drive solutions, with a commitment to customer satisfaction and optimized manufacturing processes.
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