STOCK TITAN

Dana Recognized by General Motors as a 2019 Supplier of the Year Winner for Both Driveline Technologies and Powertrain Cooling

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Very Positive)
Tags

MAUMEE, Ohio, June 25, 2020 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) was named a GM Supplier of the Year by General Motors for both its driveline technologies and powertrain cooling solutions during a virtual ceremony honoring the recipients of the company's 28th annual Supplier of the Year awards on Wednesday, June 24, 2020.  This is the third consecutive year Dana has received the award.

The Supplier of the Year award winners were chosen by a global team of GM purchasing, engineering, quality, manufacturing, and logistics executives. Winners were selected based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales, and Logistics.

"Our suppliers play a key role in delivering the products, services and experiences our customers deserve – and these award-winning suppliers went above and beyond our expectations," said Shilpan Amin, GM vice president, Global Purchasing and Supply Chain.

"We also believe it's important at this point in time to thank our entire supply base for their efforts the last few months to mitigate the impacts of COVID-19," added Amin.  "Not only have we been able to safely restart our manufacturing operations, our suppliers played a key role in assisting our initiatives to increase the supply of ventilators and personal protection equipment (PPE) for frontline health care workers to help save lives and keep communities safe."

"To achieve Supplier of the Year recognition in both of the product segments that Dana supplies to General Motors is an incredible honor," said James Kamsickas, Dana chairman and CEO.  This recognition serves as further confirmation of Dana's commitment to differentiation through operational excellence and exceptional product technology, creating significant value for our customers."

During the event, GM recognized 116 of its best suppliers from 15 countries that have consistently exceeded GM's expectations, created outstanding value or introduced innovations to the company. The awards ceremony was originally scheduled as a live-event to be held in March but was postponed due to the impact of the COVID-19 pandemic. The recognition is for supplier performance in the 2019 calendar year.

About Dana Incorporated
Dana is a world leader in providing power-conveyance and energy-management solutions that are engineered to improve the efficiency, performance, and sustainability of light vehicles, commercial vehicles, and off-highway equipment. Enabling the propulsion of conventional, hybrid, and electric-powered vehicles, Dana equips its customers with critical drive and motion systems; electrodynamic technologies; and thermal, sealing, and digital solutions.

In 2019, the company reported sales of $8.6 billion with 36,000 associates in 34 countries across six continents.  Based in Maumee, Ohio, USA, and founded in 1904, Dana has established a high-performance culture that focuses on its people, and the company has earned recognition around the world as a top employer.

About General Motors
General Motors is a global company committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities, sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Holden, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at http://www.gm.com.

"Cision" View original content to download multimedia:http://www.prnewswire.com/news-releases/dana-recognized-by-general-motors-as-a-2019-supplier-of-the-year-winner-for-both-driveline-technologies-and-powertrain-cooling-301083848.html

SOURCE Dana Incorporated

Dana Incorporated

NYSE:DAN

DAN Rankings

DAN Latest News

DAN Stock Data

1.65B
143.62M
0.93%
103.09%
2.21%
Auto Parts
Motor Vehicle Parts & Accessories
Link
United States of America
MAUMEE