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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.
Dana Incorporated (NYSE: DAN) will release its 2021 third-quarter financial results on October 26, 2021, at 7 a.m. EDT. A conference call and webcast will follow at 9 a.m. EDT, where senior management will discuss the results. Participants can join the audio stream or dial in via specific phone numbers provided for U.S., Canadian, and international listeners. An audio recording will be available post-event. Dana, based in Maumee, Ohio, reported $7.1 billion in sales for 2020 and emphasizes sustainability and social responsibility.
Dana has signed a long-term agreement with Robert Bosch GmbH to mass produce metallic bipolar plates for fuel-cell stacks. This collaboration aims to enhance the design and manufacturing processes of these plates, which are crucial for fuel-cell powertrains in commercial vehicles. The total production volume is expected to exceed 100 million plates for markets in Europe, Asia Pacific, and North America, launching in 2022. Dana's innovative technology aims to reduce costs and improve performance, facilitating the market adoption of zero-emission vehicles.
On September 28, 2021, Dana Incorporated (NYSE: DAN) held a virtual Capital Markets Day webcast at 10 a.m. EDT. The event featured key presentations from the company's leadership, including James Kamsickas and Jonathan Collins. Attendees gained insights into Dana's vision for the future of electrified mobility and the company's strategy to achieve significant growth and financial returns. Dana reported sales of $7.1 billion in 2020 and operates globally with a strong commitment to sustainability.
Dana Incorporated (NYSE: DAN) will host a Capital Markets Day on Sept. 28, 2021, at its headquarters in Maumee, Ohio. The event, starting at 10 a.m. EDT, will be broadcast virtually and include presentations from key executives, including James Kamsickas and Jonathan Collins. This session aims to provide insights into the future of electrified mobility and Dana's innovative strategies for fostering growth. Access details will be available on Dana's Investor website.
Dana Incorporated (NYSE: DAN) announced enhancements to its Brevini™ helical and bevel helical gearboxes, aimed at mining and bulk material handling applications. The upgraded gearboxes, available in early 2022, feature three new monoblock models tailored to torque demands and series-wide design improvements for better power density. With output torques reaching 1,000 kNm, these gearboxes are designed for efficiency, reduced weight, and minimal lubrication. Dana supports industrial mining with 27 global service centers, ensuring customized solutions to enhance productivity and operational efficiency.
Dana Incorporated (NYSE: DAN) unveiled the Spicer Electrified™ e-Powershift transmission at MINExpo 2021, a modular two-speed solution tailored for electrified heavy-duty mining vehicles. This transmission boasts power outputs of 322 horsepower (dual-motor) and 161 horsepower (single-motor), designed to enhance mining operations' transition to electrification. Prototype testing for OEMs is slated for year-end. The e-Powershift integrates high-voltage motors and an efficient shifting system, aimed at improving performance and reducing maintenance costs in severe mining environments.
Dana Incorporated (NYSE: DAN) will participate in the 2021 RBC Capital Markets Global Industrials Virtual Conference on Sept. 9, 2021, at 8:40 a.m. EDT. CEO Jim Kamsickas and CFO Jonathan Collins will provide an overview and answer questions for approximately 30 minutes. Details for accessing the webcasts will be available on Dana's Investor website before the event. In 2020, Dana reported sales of $7.1 billion and operates in 33 countries worldwide, focusing on sustainable mobility solutions.
Dana Incorporated (NYSE: DAN) announced an expansion of its Spicer Electrified™ e-Powertrain with new e-Axle offerings for Class 7 and 8 vehicles. The Zero-8 e-Axles enhance existing heavy-duty EV solutions, featuring robust technology tailored for demanding applications. The configurations support gross axle weight ratings up to 52,000 pounds, with modular designs for easier servicing. Currently undergoing global testing, these solutions are set for commercial launch in late 2023, meeting growing demands for electrified vehicle platforms.
Dana Incorporated (NYSE: DAN) announced the initiation of eS9000r e-Axle production to support Freightliner Custom Chassis Corporation's all-electric MT50e delivery vehicle. This e-Axle features a fully integrated design, delivering up to 240 kW of power and enabling a driving range of 170 miles. The system can achieve full charge in about three hours with DC fast charging. Dana is showcasing its solutions at the ACT Expo in Long Beach, California, emphasizing its commitment to sustainable mobility.
Dana Incorporated (NYSE: DAN) will participate in the virtual J.P. Morgan Auto Conference on Aug. 11, 2021, at 1:30 p.m. EDT. Jonathan Collins, the company’s Vice President and CFO, will provide an overview of Dana and host a Q&A session lasting approximately 30 minutes. Interested parties can access information on the webcast through Dana's investor website prior to the event.
Based in Maumee, Ohio, Dana reported sales of $7.1 billion in 2020, employing 38,000 people across 33 countries. The company focuses on sustainable and efficient propulsion solutions for the mobility market.