Dana Inc (DAN) Sector
Consumer Discretionary

(Current) $14.00
0.30 (2.19%) Open Price: 14.00

 

Dana Incorporated is an American auto parts supplier that designs, manufactures, and distributes automotive components for light vehicle, commercial vehicle, and off-highway markets worldwide. The company was founded in 1904 as the Spicer Manufacturing Company and is headquartered in Maumee, Ohio. Dana has a global network of engineering, manufacturing, and distribution facilities, with operations in over 25 countries.

 

Dana has a diverse product portfolio, which includes axles, driveshafts, sealing products, thermal-management technologies, and electronic controls. The company also provides electric, hybrid, and fuel-cell propulsion systems for light-duty vehicles, as well as drivetrains for commercial and off-highway vehicles. Dana's products are used in a variety of applications, including passenger cars, SUVs, light trucks, buses, and construction equipment.

 

Dana has a strong focus on innovation and sustainability. The company invests heavily in research and development to create new products and technologies that reduce emissions and improve fuel efficiency. In addition, Dana is committed to reducing its environmental impact through the implementation of sustainable manufacturing processes, waste reduction initiatives, and responsible sourcing of raw materials.

 

In recent years, Dana has expanded its capabilities through strategic acquisitions. In 2016, the company acquired the power-transmission and fluid power businesses of Brevini Group, which strengthened its position in the global off-highway market. In 2018, Dana acquired the driveline division of GKN plc, which expanded its product portfolio and customer base in the automotive industry.

 



 

(05/24/24) $14.00
(05/27/24) $13.70
(05/27/24) (Qty.)1,266,873
(05/24/24) $13.67
(05/24/24) $14.04
(05/05/24) $13.17
(05/19/24) $14.22
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