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Dana Inc - DAN STOCK NEWS

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.

Overview

Dana Inc (DAN) is a venerable institution in the design and manufacture of highly efficient propulsion and energy-management solutions, playing a pivotal role in powering vehicles and machinery across global mobility markets. With roots dating back more than a century, Dana has evolved from an era when motorized carriages were a novel idea to become a key developer of advanced drive systems and integrated thermal, sealing, and digital solutions. The company caters to a range of market segments including light vehicles, commercial vehicles, power technologies, and off-highway applications, consistently providing innovative solutions that enhance operational efficiency and performance.

Core Business Segments and Operations

The business model of Dana Inc is structured around four primary segments:

  • Light Vehicles: This segment focuses on supplying advanced propulsion, drive, and motion solutions tailored for light trucks, SUVs, crossovers, vans, and passenger cars. Here, design precision and operational reliability meet to support leading original equipment manufacturers (OEMs), ensuring vehicles achieve high efficiency and safety standards.
  • Commercial Vehicles: Dana supplies robust drive systems and axle technologies that cater to commercial trucks and fleets. The company emphasizes engineered solutions that enhance durability, fuel efficiency, and overall vehicle performance in demanding operational conditions.
  • Power Technologies: Through a blend of traditional and evolving technologies, this segment addresses the market demands for internal combustion engine support, as well as emerging hybrid and electric drivetrains. Its offerings emphasize energy management and power conversion efficiency while integrating advanced software and control systems.
  • Off-Highway: Addressing sectors such as construction, mining, and industrial machinery, Dana’s off-highway division provides tailored solutions that encompass drive components, remanufacturing services, and electrified power systems. This segment underscores the company’s commitment to sustainability and cost efficiency in heavy-duty applications.

Innovation and Technological Advancements

At the heart of Dana Inc's enduring success is its emphasis on innovation and technological excellence. The company continuously adapts its product portfolio to meet the evolving demands of a shifting mobility landscape. Notable initiatives include its remanufacturing programs—designed to extend the lifecycle of components through the Dana Certified Reman program—and advanced electrified driveline systems that support the trending shift towards hybrid and zero-emission technologies. Industry-specific keywords such as propulsion, energy-management, and OEM integration are integral to Dana’s narrative, underlining the company’s expertise in engineering precision and operational efficiency.

By strategically investing in research and developing platforms that leverage high-performance materials and digital integration, Dana has refined its product design to enhance fuel efficiency, reduce maintenance costs, and elevate performance reliability. These innovations not only prolong asset life but also provide customers with a complete ecosystem of services and support across the vehicle production and aftermarket lifecycle.

Market Position, Operational Excellence, and Competitive Landscape

Dana Inc occupies a unique position within the competitive landscape, owing to its integrated business approach and longstanding partnerships with major OEMs worldwide. The company’s ability to blend traditional engineering with state-of-the-art technology has earned it a reputation for reliability and high performance. Its extensive product portfolio is complemented by targeted cost-saving initiatives and efficiency improvements, positioning it advantageously in both mature markets and emerging sectors.

The company faces challenges common to many industrial manufacturers, including cyclical market demands, the need for constant innovation, and the pressures of operational efficiency. However, through robust internal systems, a flexible cost structure, and a commitment to quality, Dana manages to mitigate market volatility while reinforcing its client relationships and market significance.

Customer Value Proposition and Industry Leadership

Dana Inc’s value proposition revolves around delivering high-performance solutions that are both reliable and innovative. Its products are meticulously engineered to meet the rigorous demands of a dynamic mobility market, ensuring optimal performance under varying conditions. Customers benefit from an integrated suite of systems that enhance vehicle efficiency, extend component life cycles, and reduce total ownership costs. This comprehensive approach underlines Dana’s commitment to not only designing superior components but also to offering complete solutions that support long-term operational success.

In addition, the company’s strong focus on research and development fosters a culture of continuous improvement, supporting a high-performance ethos that is reflected in its operational practices and product innovation. With advanced technologies that span conventional engine systems, hybrid solutions, and fully electrified drivetrains, Dana remains at the forefront of industry evolution, underscoring its formidable position in a competitive global market.

Commitment to Engineering Excellence and Global Impact

With deep engineering expertise and decades of industry experience, Dana Inc continues to drive sustainable progress in mobility technology. Its products are developed using a blend of engineering precision and innovative design principles, which are critical in addressing the needs of diverse global markets. From the high-performance drive systems in light vehicles to the robust, durable components found in off-highway and industrial applications, Dana’s solutions are a benchmark for quality and efficiency. The company’s ability to respond to market shifts—whether through advancements in electrification or process optimizations in manufacturing—demonstrates its agile and resilient business model.

Overall, Dana Inc is a powerhouse of innovation and engineering expertise. Its multifaceted operations, spanning several key segments of the automotive and industrial markets, make it an essential partner for OEMs worldwide. By consistently integrating advanced technology with proven engineering practices, Dana continues to deliver products that support operational efficiency, reliable performance, and long-term value creation for its global customer base.

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Dana Incorporated (NYSE: DAN) will participate in the BofA Securities 2024 Automotive Summit on March 26, 2024. Chairman and CEO, James Kamsickas, will provide an overview of the company. Webcast details will be on Dana's Investor website.
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Dana Incorporated (NYSE: DAN) has been recognized as one of the 2024 World's Most Ethical Companies® by Ethisphere, showcasing its commitment to ethical business practices. Dana is among the eight honorees in the mobility industry, emphasizing its dedication to excellence and responsible conduct.
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Dana Incorporated (NYSE: DAN) has announced the sale of its European hydraulics business to HPI Group, expected to be completed in the first half of 2024. The transaction includes operations in Italy, France, and Germany, generating around $90 million in sales in 2023. Dana will continue to receive components through a supply agreement with the new entity, focusing on industrial system sales.
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Dana Incorporated (NYSE: DAN) reported strong financial results for full-year 2023, with sales reaching $10.6 billion, an increase of 4% over the previous year. The company achieved a net income of $38 million, compared to a net loss of $242 million in 2022. Adjusted EBITDA rose to $845 million, a $145 million increase over last year, with an 8% margin improvement. Operating cash flow reached $476 million, and the three-year new business sales backlog grew to $950 million. Dana projects a 3% sales increase, 10% adjusted EBITDA increase, and $75 million free cash flow increase for 2024.
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Dana Incorporated (NYSE: DAN) declares a quarterly dividend of $0.10 per share, payable on March 22, 2024, to shareholders as of March 1, 2024.
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Dana Incorporated (NYSE: DAN) will release its 2023 fourth-quarter and full-year financial results on Tuesday, Feb. 20, 2024. The press release will be issued at approximately 7 a.m. EST, followed by a conference call and webcast at 10 a.m. EST. Members of the company's senior management team will discuss the results and answer related questions. The conference call can be accessed by telephone from both domestic and international locations. Audio streaming and slides will be available online via a link provided on the Dana investor website. A webcast replay can be accessed via Dana's investor website following the call.
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Dana Incorporated (NYSE: DAN) has been recognized as a 'Top Employer 2024' in 16 countries, including Europe and North America, for its high performance in employee development, well-being, talent acquisition, and engagement. Operations in Brazil, Canada, Mexico, and Spain earned this honor for the first time, joining other countries accounting for over 90% of the company's sales and employees.
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Dana Incorporated (NYSE: DAN) introduces Brevini EvoMax™ gearboxes for industrial bulk management applications, offering high torque performance, modularity, and global support.
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Dana Incorporated (DAN) to participate in BofA Securities Leveraged Finance Conference and Barclays Global Automotive and Mobility Tech Conference
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Dana Incorporated (NYSE: DAN) announced that its advanced drive technologies are used on two winners in the 'Tractor of the Year 2024' awards competition. The Fendt e 107 V Vario won in the 'Sustainable Tractor of the Year' category, featuring Dana's high-performance Spicer® suspended steer axle, while the McCormick X5.120 P3-Drive won the 'Best Utility' award, using Dana's high-precision shifting solutions. Dana's technologies are featured on seven of this year's 12 finalists, showcasing the company's support for vehicle designs that offer improved sustainability and superior productivity for agriculture equipment.
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FAQ

What is the current stock price of Dana (DAN)?

The current stock price of Dana (DAN) is $13.22 as of April 1, 2025.

What is the market cap of Dana (DAN)?

The market cap of Dana (DAN) is approximately 1.9B.

What is Dana Inc's core business?

Dana Inc designs and manufactures propulsion and energy-management solutions for a wide range of mobility markets, including light vehicles, commercial vehicles, and off-highway equipment.

Which industry segments does Dana Inc serve?

The company operates across four main segments: Light Vehicles, Power Technologies, Commercial Vehicles, and Off-Highway, each addressing specific customer needs in various automotive and industrial markets.

How does Dana Inc generate revenue?

Revenue is generated through the sale of advanced drive systems, energy-management components, and integrated technologies to original equipment manufacturers as well as through aftermarket services.

What distinguishes Dana Inc in a competitive market?

Dana stands out due to its longstanding history of engineering innovation, a diversified product portfolio, robust OEM partnerships, and strategic operational efficiency programs.

What role do innovation and technology play at Dana Inc?

Innovation is central to Dana's strategy; the company invests in R&D to develop cutting-edge propulsion systems, remanufacturing programs, and advanced electrification solutions that enhance vehicle performance.

How does Dana Inc address evolving market demands?

By integrating traditional engineering with emergent technologies such as hybrid and electric drivetrains, Dana effectively adapts its product offerings to meet changing consumer and industry needs.

Who are the primary customers of Dana Inc?

Dana's primary customers include major automotive OEMs, commercial fleet operators, and industries requiring heavy-duty off-highway equipment, relying on the company for reliable and efficient solutions.

How does Dana Inc ensure quality and durability in its products?

The company adheres to stringent engineering standards and leverages advanced manufacturing processes, ensuring that every product delivers high performance and long-term reliability.

What type of aftermarket services does Dana offer?

Dana provides comprehensive aftermarket services including remanufacturing programs, such as the Dana Certified Reman initiative, aimed at extending component lifecycles and reducing total cost of ownership.

What key technologies are integrated into Dana's product portfolio?

Dana's portfolio includes advanced propulsion systems, energy-management solutions, electrodynamic technologies, and digital control systems that collectively enhance vehicle efficiency and performance.
Dana Inc

NYSE:DAN

DAN Rankings

DAN Stock Data

1.92B
145.04M
0.46%
104.4%
3.61%
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