Dana Incorporated
Dana Incorporated is a global leader in the design and manufacture of highly efficient propulsion and energy-management solutions for vehicles and machinery. Headquartered in Maumee, Ohio, USA, the company's mission is to power sustainable motion by delivering advanced conventional and clean energy technologies. Founded in 1904, Dana has a long history of innovation, evolving from the invention of the encased universal joint to today's cutting-edge e-propulsion systems.
Dana's comprehensive product portfolio includes axles, driveshafts, transmissions, electrodynamic, thermal, sealing, and digital solutions, as well as e-Axles and e-Drive units. These products serve a wide range of market segments, including light vehicle, commercial vehicle, and off-highway equipment markets. The company operates through four primary business segments: Light Vehicle Drive Systems, Commercial Vehicle Drive and Motion Systems, Off-Highway Drive and Motion Systems, and Power Technologies, supplying nearly every major vehicle and engine manufacturer worldwide.
In recent news, Dana Incorporated reported strong first-quarter 2026 results, maintaining its full-year guidance and announcing a new business win with Stellantis for the RAM Dakota program, which expands its presence in the compact truck market. The company also completed the sale of its Off-Highway business. R. Bruce McDonald was appointed Chairman and CEO in November 2024, with Byron Foster set to become CEO effective July 1, 2026. Dana is focused on its "Dana 2030" plan, aiming for higher sales, structurally higher margins, and increased adjusted free cash flow generation, reinforcing its market positioning as a leader in both conventional and electrified powertrains.
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