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 reports news on its vehicle propulsion and powertrain businesses for light- and commercial-vehicle markets. The company designs and manufactures drive systems, electrodynamic technologies, thermal-management products, and sealing solutions for vehicle manufacturers and related aftermarkets.
Recurring updates for Dana Incorporated include financial results, cost-savings actions, new business wins, capital allocation through dividends and share repurchases, debt reduction, and portfolio changes following the completed sale of the Off-Highway business. Company communications also cover the Dana 2030 strategic plan, margin and cash-flow targets, governance matters, and leadership-transition disclosures.
Summary not available.
Summary not available.
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.
Summary not available.
Summary not available.
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.
Summary not available.