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 Inc (DAN) delivers cutting-edge propulsion systems and energy-management solutions for global mobility markets. This page provides centralized access to official company announcements, including product innovations, financial updates, and strategic partnerships.
Investors and industry professionals will find timely updates on electrified drivetrains, OEM collaborations, and operational milestones across Dana’s core segments: light vehicles, commercial fleets, and off-highway equipment. Content includes earnings reports, technology breakthroughs, and sustainability initiatives.
All updates are sourced directly from Dana’s communications to ensure accuracy. Bookmark this page for streamlined access to developments impacting vehicle efficiency, thermal management advancements, and Dana’s position in evolving mobility markets.
Dana Incorporated (NYSE: DAN) will announce its 2020 fourth-quarter and year-end financial results on February 18, 2021. A press release will be issued at 7 a.m. EST, followed by a conference call at 9 a.m. EST, where senior management will discuss results and answer questions. Participants can access the call via the Dana investor website or by telephone. Dana is a leader in power-conveyance and energy-management solutions, reporting sales of $8.6 billion in 2019 and employing 36,000 associates in 34 countries.
Dana announced that its Dana 60™ AdvanTEK® solid rear axle will be featured in the 2021 Ram® 1500 TRX™ pickup truck. Utilizing a 3.55 gear ratio and Spicer PerformaTraK™ electronic locking differential, the axle enhances torque and traction. As demand for high-performance, off-road vehicles grows, Dana aims to deliver advanced solutions for durability and performance. The axles will be assembled in Dana's Dry Ridge, Kentucky facility, alongside cylinder head gaskets for the same model. Dana reported $8.6 billion in sales in 2019.
Dana Incorporated (NYSE: DAN) announced its advanced drive technologies were utilized in all four winners of the "Tractor of the Year 2021" awards. The winners include the Massey Ferguson 8 S.265, Valtra G 135 Versu, Fendt 211 V Vario, and Claas Axion 960 CEMOS tractors, showcasing Dana's Spicer steer axles and high-precision gears. Dana's innovations significantly enhance fuel efficiency and operator comfort, impacting productivity in agriculture. Overall, Dana's technologies were featured in 10 of the 18 finalists for this prestigious international award.
Dana Incorporated (NYSE: DAN) will participate in the Credit Suisse Virtual Industrials Conference on Dec. 3, 2020. The company's Executive Vice President and CFO, Jonathan Collins, will engage in a fireside chat scheduled for 12:30 p.m. EST. Investors can access the webcast through Dana's Investor website, www.dana.com/investors. Dana, based in Maumee, Ohio, is a leader in power-conveyance and energy-management solutions, reporting sales of $8.6 billion in 2019.
Dana Incorporated (NYSE: DAN) has launched the production of new track drives in China, designed for various tracked construction machinery. These drives feature Spicer Torque-Hub™ ratings from 10 kNm to 130 kNm, enhancing diesel and electric-driven equipment. The local manufacturing in Yancheng, China, will shorten supply times and support the growing demand in China's construction market. Dana is also presenting its comprehensive range of drive systems at Bauma China, aiming to optimize efficiency and performance in tracked applications.
Dana (NYSE: DAN) has launched comprehensive drive systems for electric-driven mobile elevated work platforms (MEWPs) at Bauma China 2020. This includes a complete package featuring advanced technologies like Spicer Torque-Hub™ wheel drives and low-voltage internal permanent magnet motors. The new system enhances safety, efficiency, and reduces total ownership costs. Dana, with 24 facilities in China and a recent expansion in Yancheng, aims to support local manufacturers like JLG and Zoomlion, driving growth in the Chinese construction market.
Dana Incorporated (NYSE: DAN) has achieved the Chartered Institute of Procurement & Supply (CIPS) Procurement Excellence Program's Standard award, becoming the first automotive supplier globally and the first U.S. company to do so. This recognition stems from a thorough evaluation of Dana's procurement practices across five key areas: leadership, strategy, people, processes, and performance management. The award highlights Dana's commitment to ethical and efficient sourcing. The certification is valid for two years and reflects Dana's culture of continuous improvement in its supply chain operations.
Dana Incorporated (NYSE: DAN) announced that its Spicer® AdvanTEK® axles will feature in the new 2021 Land Rover Defender, enhancing performance and power density. Dana's relationship with Land Rover dates back to the 1980s, underscoring a long-standing partnership. The Defender's new architecture is designed for extreme conditions, showcasing Dana's commitment to durability and efficiency. Their technologies also improve engine performance through advanced thermal management and engine oil coolers. Dana reported $8.6 billion in sales for 2019 and maintains a strong global presence.