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 Incorporated (NYSE: DAN) is a manufacturing company that designs and manufactures propulsion and energy-management solutions for vehicles and machines in mobility markets worldwide. News about Dana often highlights its role as a Tier 1 supplier to vehicle manufacturers, its focus on both conventional and clean‑energy technologies, and developments in its light-vehicle and commercial-vehicle businesses.
Visitors to this page can review news releases covering Dana’s financial results, strategic transactions, capital structure actions, and investor communications. Recent announcements include quarterly earnings updates, details on cost‑savings initiatives, and information about the company’s transformation strategy, such as the completed sale of its Off-Highway business to Allison Transmission Holdings, Inc. News items also describe how proceeds from that transaction are being used in tender offers and redemptions of senior notes as part of a broader debt reduction plan.
Dana’s news flow also features participation in investor conferences, scheduled webcasts and conference calls, and updates on dividends declared by its board of directors. Corporate governance developments, such as the appointment of new board members and changes to executive employment agreements, are disclosed through press releases and related SEC filings.
For investors and observers of the automotive and mobility supply chain, Dana’s news provides insight into its operating performance, strategic priorities, and balance sheet management. This page aggregates those announcements so readers can follow disclosures related to propulsion and energy‑management technologies, transformation initiatives, and other material events affecting Dana Incorporated and the DAN stock.
Dana Incorporated (NYSE: DAN) has announced a quarterly dividend payment on its common stock. The company's board of directors declared a dividend of $0.10 per share, which will be payable on May 30, 2025, to stockholders of record as of May 9.
Dana, headquartered in Maumee, Ohio, is a global leader in propulsion and energy-management solutions for mobility markets. The company reported sales of $10.3 billion in 2024 and employs 39,000 people across 30 countries. Their product portfolio includes drive and motion systems, electrodynamic technologies, and thermal, sealing, and digital solutions.
The company has earned recognition as one of the 'World's Most Ethical Companies' for 2025 by Ethisphere and was named among 'America's Most Responsible Companies 2025' by Newsweek. Founded in 1904, Dana maintains a high-performance culture focused on valuing others, innovation, responsible growth, and collective success.
Dana Incorporated (NYSE: DAN) has scheduled the release of its 2025 first-quarter financial results for Wednesday, April 30, 2025. The company will issue a press release at approximately 7 a.m. EDT, followed by a conference call and webcast at 9 a.m. EDT featuring senior management discussions.
Dana, headquartered in Maumee, Ohio, is a global leader in propulsion and energy-management solutions across all mobility markets. The company reported sales of $10.3 billion in 2024 and employs 39,000 people across 30 countries. Their product portfolio includes drive and motion systems, electrodynamic technologies, and thermal, sealing, and digital solutions.
Dana showcased its comprehensive portfolio of drive and motion solutions at Bauma 2025 in Munich, emphasizing sustainability across internal-combustion, hybrid, and electric equipment. The company presented three key integrated drive solutions: a zero-emission system for compact wheel loaders featuring the Spicer® eSG001 e-Transmission, a high-efficiency drivetrain for mid-sized machines compatible with alternative fuels, and an enhanced ICE system for wheeled excavators.
Notable innovations include the Spicer® HVT2 powersplit transmission, which reduces fuel consumption by up to 30 percent, and the new Brevini® S270 planetary gearbox for stationary mining applications. The company also highlighted its Dana Certified Reman program, available in Europe, North America, and China, which supports sustainability by remanufacturing Spicer components to original performance specifications while reducing environmental impact.
Dana Incorporated (NYSE: DAN) has announced its participation in the upcoming Wolfe Research Virtual Autos Summit scheduled for March 18, 2025. The company's Senior Vice President and Chief Financial Officer Timothy Kraus will lead a virtual fireside chat starting at 2:10 p.m. EDT, lasting approximately 40 minutes.
Interested participants can access the webcast through Dana's Investor website at www.dana.com/investors, with access information to be posted prior to the event.
Dana Incorporated (NYSE: DAN) reported its 2024 financial results, showing mixed performance. Sales decreased to $10.3 billion, down $271 million from 2023, primarily due to lower demand across all markets. Despite lower sales, the company achieved improved profitability metrics, with adjusted EBITDA increasing by $40 million to $885 million and margin improving by 60 basis points to 8.6%.
The company reported a net loss of $57 million in 2024, compared to a net income of $38 million in 2023, mainly due to higher restructuring charges. However, free cash flow improved to $70 million, a $95 million increase over 2023. Dana announced a significant cost-reduction program targeting $300 million in annualized savings by 2026, with over $100 million already achieved.
For 2025, Dana projects sales of $9.525-$10.025 billion, adjusted EBITDA of $925-$1,025 million, and free cash flow of $175-$275 million, representing a 10% increase in adjusted EBITDA and $155 million increase in free cash flow.
Dana Incorporated (NYSE: DAN) has announced its board of directors' declaration of a quarterly dividend of $0.10 per share, payable on March 21, 2025, to shareholders of record as of February 28. The company, headquartered in Maumee, Ohio, is a global leader in propulsion and energy-management solutions across all mobility markets.
Dana reported sales of $10.6 billion in 2023 and employs 42,000 people across 31 countries. The company specializes in drive and motion systems, electrodynamic technologies, and thermal, sealing, and digital solutions. Dana was recognized among the 'World's Most Ethical Companies' for 2023 by Ethisphere and as one of 'America's Most Responsible Companies 2024' by Newsweek.
Dana Incorporated (NYSE: DAN) has scheduled the release of its 2024 fourth-quarter and full-year financial results for Thursday, February 20, 2024. The company will issue a press release at approximately 7 a.m. EST, followed by a conference call and webcast at 9 a.m. EST featuring senior management discussions and Q&A.
Dana, headquartered in Maumee, Ohio, is a global leader in propulsion and energy-management solutions for mobility markets. The company reported sales of $10.6 billion in 2023 and employs 42,000 people across 31 countries. Their product portfolio includes drive and motion systems, electrodynamic technologies, and thermal, sealing, and digital solutions. The company was recognized among the 'World's Most Ethical Companies' for 2023 and 'America's Most Responsible Companies 2024'.
Dana Incorporated (NYSE: DAN) announced preliminary unaudited financial results for 2024 and provided 2025 guidance. The company reported preliminary 2024 sales of $10.3 billion and adjusted EBITDA of $885 million, with an 8.6% margin, showing a 60-basis-point improvement from 2023.
The company is increasing its total cost reduction target to $300 million through 2026 and simplifying its organizational structure into two segments: Light Vehicle Systems and Commercial Vehicle Systems. Dana is also pursuing the sale of its Off-Highway business.
For 2025, Dana projects sales of $9.525-10.025 billion, adjusted EBITDA of $925-1,025 million (approximately 10% margin), and free cash flow of $175-275 million. The company expects 2026 adjusted EBITDA margin between 9.5-10.5%, with free cash flow targeted at approximately 4% of sales.
Dana Incorporated (NYSE: DAN) has been awarded the prestigious 'Global Top Employer 2025' certification, with recognition across 25 countries and regional distinctions in Asia-Pacific, Europe, and North America. The award, presented by the Top Employers Institute, acknowledges Dana's excellence in human resources practices, including career development, work environment, learning, diversity and inclusion, well-being, and talent acquisition.
Nine new countries joined Dana's list of recognized operations this year. The company received Top Employer status in diverse locations spanning multiple continents, including major markets such as the United States, China, India, Germany, and the United Kingdom. Lisa Amend, Dana's Senior Vice President and Chief Human Resources Officer, emphasized that this recognition reflects the company's 120-year-old culture of supporting exceptional talent while powering vehicles and machines globally.
Dana Incorporated (NYSE: DAN) has announced a conference call and webcast scheduled for January 24, 2025, at 9 a.m. EST. During this event, Chairman and CEO R. Bruce McDonald and CFO Timothy Kraus will provide a business update and present the company's financial outlook for 2025.
Participants can join via telephone using toll-free (1-888-440-5873) or toll (1-646-960-0319) numbers with Conference ID 9943139. The presentation will include audio streaming and slides available through Dana's investor website, with a webcast replay accessible afterward.
Additionally, Dana will announce its 2024 fourth-quarter and full-year financial results in a separate conference call on February 20, 2025.