Dana Inc Stock Price, News & Analysis

Dana Incorporated (NYSE: DAN) will participate in the Wolfe Research Virtual Global Auto, Auto Tech, and Mobility Conference on Feb. 24, 2022. The event starts at 8:50 a.m. EST, featuring a fireside chat with Timothy Kraus, Senior VP and CFO, lasting approximately 35 minutes. Webcast access details will be available on Dana's investor website prior to the conference. Dana, a leading manufacturer in propulsion and energy-management solutions, reported sales of $7.1 billion in 2020, emphasizing sustainability and social responsibility.

Dana Incorporated (NYSE: DAN) will announce its 2021 fourth-quarter and full-year financial results on February 23, 2022. A press release will be issued at 7 a.m. EST, followed by a conference call and webcast at 9 a.m. EST. The company's management will discuss results and answer questions. Dana reported sales of $7.1 billion in 2020 and emphasizes sustainability and innovation. The audio portion of the conference can be accessed via streaming or phone, and a recording will be available afterward.

Dana Incorporated (NYSE: DAN) has announced the launch of the Brevini™ S-Series industrial planetary gearboxes designed for biogas production and wastewater treatment facilities. These gearboxes offer maximum output torques up to 290 kNm and are customized for effective heat transfer in digesters. With a proven track record in Europe and Asia-Pacific, they are engineered to withstand harsh environments, featuring corrosion-resistant seals. This initiative supports Dana's commitment to sustainability, contributing to renewable energy advancements, particularly in China, where biogas production is expected to increase significantly over the next decade.

Dana Incorporated (NYSE: DAN) has launched three new planetary drives with output torque ratings from 80 kNm to 130 kNm, aimed at enhancing support for tracked and wheeled vehicles, as well as winch applications. These drives can be integrated with Brevini hydraulic motors or Dana TM4 electric motors, addressing the rising torque demands in mobile and industrial sectors. The updated designs offer improved performance, efficiency, and flexibility, accommodating input speeds up to 5,000 rpm, and fulfilling stringent safety standards for marine applications. For details, visit dana.com.

Dana Incorporated (NYSE: DAN) has appointed Brett Icahn and Gary Hu from Icahn Capital to its Board of Directors, effective immediately. This collaboration aims to enhance shareholder engagement and improve corporate governance. Icahn Capital, holding approximately 9.9% of Dana's stock, has agreed to support the slate of director nominees for the upcoming 2022 Annual Meeting of Shareholders. CEO James Kamsickas highlighted the company's advancements in mobilization and electrification, while Carl Icahn acknowledged the management's progress despite current operational challenges.

Dana Incorporated (NYSE: DAN) has appointed Ernesto M. Hernández to its board of directors, effective immediately. Hernández, a former president of General Motors Mexico, brings extensive experience in mobility and product engineering. James Kamsickas, Dana's CEO, expressed confidence that Hernández's background in advanced technologies will aid the company's growth in alternative vehicle propulsion. Additionally, Raymond E. Mabus, Jr. will retire from the board at the 2022 Annual Meeting of Shareholders. Dana reported $7.1 billion in sales in 2020, emphasizing sustainability and social responsibility.