The X-News Explorer is the ultimate source of information for investors with an affinity for the stock market who want to get a quick and convenient overview of the current news situation of a listed company. Various newswire services are available here. If a news alert is displayed, you will find company news that may be of interest to you. This service is provided by PR-Newswire.
MAUMEE, Ohio, Dec. 18, 2024 /PRNewswire/ -- 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 commercial vehicle fleet requirements with increased efficiency and enhanced overall productivity, the AdvanTEK 40 Pro axle system includes the fastest axle ratio at 2.05 for advanced engine downspeeding.
MAUMEE, Ohio, Dec. 11, 2024 /PRNewswire/ -- 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 President and General Counsel of Otis Worldwide Corporation, a global, publicly traded company. In this role, she oversees the company's global legal, compliance, business development, intellectual property, security, government relations, quality, and environmental, health, and safety functions.
MAUMEE, Ohio, Dec. 2, 2024 /PRNewswire/ -- 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 President and Chief Financial Officer, Timothy Kraus, will provide a brief overview of the company and answer questions for approximately 40 minutes.
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 Free Cash Flow
MAUMEE, Ohio, Nov. 25, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) today announced the appointment of R. Bruce McDonald, a member of the Dana Board of Directors, as Chairman and Chief Executive Officer, effective immediately. Mr. McDonald's appointment follows the retirement of James Kamsickas as Chief Executive Officer and his departure from the Board. Mr. Kamsickas will remain as an advisor to the Company through March 2025 to support the transition. The Board has retained a leading executive search firm to identify the Company's next permanent CEO.
MAUMEE, Ohio, Oct. 23, 2024 /PRNewswire/ -- 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, 2024, to holders of Dana common stock as of Nov. 8.
About Dana IncorporatedDana is a leader in the design and manufacture of highly efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company is shaping sustainable progress through its conventional and clean-energy solutions that support nearly every vehicle manufacturer with drive and motion systems; electrodynamic technologies, including software and controls; and thermal, sealing, and digital solutions.
MAUMEE, Ohio, Oct. 22, 2024 /PRNewswire/ -- 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 2024 held in Chicago on Oct. 1-2.
The award recognizes Dana's commitment to zero emissions — offering OEMs an easily integrated, fully electric driveline system to enhance the sustainability of their applications.
MAUMEE, Ohio, Oct. 14, 2024 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) will release its 2024 third-quarter financial results on Wednesday, Oct. 30, 2024. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 9 a.m. EDT. Members of the company's senior management team will be available at that time to discuss the results and answer related questions.
MAUMEE, Ohio, Oct. 9, 2024 /PRNewswire/ -- Dana Incorporated announced today that Seth Metzger has been appointed Senior Vice President and Chief Technology Officer (CTO), succeeding Christophe Dominiak who is retiring from Dana.
Mr. Metzger has been with Dana for more than two decades and has extensive experience in engineering and technology development. He most recently served as Senior Vice President of Electrification, as well as President of the Dana TM4 joint venture. Mr. Metzger also held strategic leadership roles in engineering, including Vice President of Engineering for Light Vehicle Driveline, Vice President of Global Corporate Engineering and Electrification, and Senior Director of Core Engineering.
LAS VEGAS, Sept. 24, 2024 /PRNewswire/ -- Today at MINExpo®, Dana Incorporated (NYSE: DAN) debuted a new certified remanufacturing program for Dana Spicer™ Off-Highway drivetrain components that extends equipment life cycles, supports sustainability initiatives, and improves return on investment.
Currently available at Dana facilities across Europe, the Dana Certified Reman™ program will extend to an additional 50 locations in North America, Europe, the Middle East, Africa, and China by the end of 2025.
LAS VEGAS, Sept. 24, 2024 /PRNewswire/ -- Today at MINExpo®, Dana Incorporated (NYSE: DAN) announced numerous advancements in its portfolio of technologies and aftermarket service capabilities for mobile and industrial mining equipment.
Located in booth 12359 of the West Hall, Dana is unveiling the new Dana Certified Reman™ program for Dana Spicer™ drive components used in mining and throughout off-highway. This new aftermarket remanufacturing initiative extends equipment life cycles to support sustainability initiatives and reduce the total cost of ownership.