Press Releases
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Jan. 24, 2025
Dana Incorporated Provides Business Update, Announces Preliminary Full-Year 2024 Financial Results and 2025 Guidance; Increases Expected Annualized Total Cost Reduction Savings to $300 Million
Dana Incorporated (NYSE: DAN) today announced select, preliminary, unaudited financial results for the full year ended December 31, 2024, presented its financial outlook for 2025, and provided a...
Read ArticleJan. 16, 2025
Dana Earns Prestigious 'Global Top Employer 2025' Award with Recognition in 25 Countries and Regional Distinction for Asia-Pacific, Europe, and North America Operations
Dana Incorporated (NYSE: DAN) announced today that the company was recognized as a 'Global Top Employer 2025' with further recognition in 25 countries. Dana was also selected as a Top Employer for its
Read ArticleJan. 15, 2025
Dana Incorporated to Host Business Update Conference Call and Webcast on Jan. 24
Dana Incorporated (NYSE: DAN) announced today it will host a conference call and webcast on Friday, Jan. 24, 2025, at 9 a.m. EST. Chairman and Chief Executive Officer R. Bruce McDonald and Senior...
Read ArticleDec. 18, 2024
Dana Launches Spicer AdvanTEK® 40 Pro Axle System for Improved Durability and Optimized Fleet Performance; 2.05 Axle Ratio Offers Extreme Downspeeding Coverage
Dana Incorporated (NYSE: DAN) today announced the new AdvanTEK® 40 Pro axle system, the next evolution of its distinguished 40,000-pound 6x4 tandem axle system. Designed to meet evolving...
Read ArticleDec. 11, 2024
Dana Incorporated Appoints Nora LaFreniere to its Board of Directors
Dana Incorporated (NYSE: DAN) announced today that Nora LaFreniere has been appointed to the company's board of directors, effective immediately. Ms. LaFreniere serves as the Executive Vice...
Read ArticleDec. 02, 2024
Dana Incorporated to Participate in UBS Global Industrials and Transportation Conference
Dana Incorporated (NYSE: DAN) announced today it will participate in the UBS Global Industrials and Transportation Conference on Dec. 4, 2024. Beginning at 12:10 p.m., EST, Dana's Senior Vice...
Read ArticleNov. 25, 2024
Dana Announces Leadership Transition and Actions to Accelerate Value Creation
Appoints Current Dana Director R. Bruce McDonald as Chairman and CEO / Announces Plan to Sell Off-Highway Business / Initiates $200 Million Cost Reduction Plan / Confirms 2024 Full-Year Guidance Ranges for Sales, Adjusted EBITDA and...
Read ArticleOct. 30, 2024
Dana Incorporated Reports 2024 Third-Quarter Financial Results, Reports Strong Third-Quarter Profit Margin, Maintains Full-Year Free Cash Flow Guidance
Sales of $2.48 billion Net income of $4 million Adjusted EBITDA of $232 million Adjusted EBITDA margin of 9.4 percent, a 30-basis-point improvement compared with 2023 Full-year free cash flow...
Read ArticleOct. 23, 2024
Dana to Pay Dividend on Common Stock
Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Nov. 29,...
Read ArticleOct. 22, 2024
Dana Awarded Powertrain Product of the Year at Power Progress Summit 2024
Dana Incorporated (NYSE: DAN) announced that it has earned the Powertrain Product of the Year Award for its Spicer™ eSP502 e-Transmission with Power Take-off (PTO) at the Power Progress Summit...
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