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Dana wins 2022 Automotive News PACE Award for its Spicer Electrified complete battery electric e-propulsion and e-power system; system is a turnkey solution for design, development, integration, upfitting of electrified technologies to a vehicle chassis

Dana reports Q2 GAAP net income down at US$8.0M from US$53.0M a year ago, with sales up at US$2.6B from US$2.2B a year ago; margins impacted by record inflation, rising material costs, supply-chain disruptions, volatile customer demand schedules

Dana to supply Lion Electric with electric drive systems, including electric motors, inverters, controllers, driveshafts, axles, for all Lion EV buses, medium-duty trucks; Lion preparing to start vehicle manufacturing at Joliet, Illinois, facility

Dana’s complete e-Propulsion and e-Power systems, TM4 inverter, metallic bipolar plates for fuel cell stacks named finalists for PACE Awards; electric rigid beam axle, composite battery enclosure with thermal management named PACEpilot finalists

Dana reports Q1 GAAP net income down at US$17.0M from US$71.0M a year ago, net sales up at US$2.5B from US$2.3B a year ago; sales growth driven by strong customer demand in heavy-vehicle markets but tempered by increasing costs, supply chain disruptions

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