Dana Inc - Company Profile
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Business Description
Dana Inc (Dana) provides high technology drive and motion products, sealing solutions, thermal-management technologies, and fluid-power products. It serves automobile manufacturing companies, heavy equipment’s manufacturers, medium- and heavy-duty commercial vehicles manufacturers to the clients . The company operates through four business segments: Light Vehicle Drive Systems (Light Vehicle), Commercial Vehicle Drive and Motion Systems (Commercial Vehicle), Off-Highway Drive and Motion Systems (Off-Highway) and Power Technologies.
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R&D Overview
Dana focuses on technological innovation and aim to be a reliable partner to its customers. The company’s focus remains on providing high-quality, advanced products, excellent service, and competitive pricing. As of December 2022, the company had seven technical and engineering centers and eighteen other sites to conduct research and development activities. The company strives to focus more on engineering, spend more heavily on research and development activities, particularly in electrification initiatives. Its research and development efforts aim to provide unique value to the customers by creating technologies that improve efficiency and reduce carbon emissions. The company has developed advanced drivelines, mechatronic systems, and power technologies to enhance performance and improve the efficiency of batteries and power electronics. Through collaboration between its four business units, it has developed complete in-house 4-1 electrified propulsion systems and innovative fuel cell products to support new-energy hydrogen vehicles and industrial stationary markets. In FY2022, it spent US$201 million on its R&D activities, which as a percentage of revenue stood at 1.97% and grew 12.9% YoY. As of December 31, 2022, it had more than 1,600 electrification-related patents granted or pending and 9 global network of technology centers across 9 countries.
Business Segments
Overview
Supplier of traditional and electrified systems for medium- and heavy-duty commercial vehicles. Offers axles, driveshafts, e-Axles, e-Transmissions and Electric vehicle integration services. Major serving markets include medium duty trucks, heavy duty trucks, buses, and specialty vehicles.
Performance
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Overview
Supplier of fully integrated drivetrain and electrified propulsion systems for passenger vehicles. Offers front drive steer rigid axles, rear drive rigid axles, Front / rear drive units, Driveshafts/ propshafts, AWD systems, Power transfer units, Electromechanical propulsion systems, EV gearboxes and Differentials. Major serving markets include light trucks (full frame), sport utility vehicles, crossover utility vehicles, vans, and passenger cars.
Performance
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Overview
Offers mobile drivetrain and motion solutions. Offers front axles, rear axles, driveshafts, transmissions, planetary hub drives, e-axles and e-drive, helical and bevel-helical gearboxes; electrodynamic, hydraulic and drivetrain components Major serving markets include construction, earth moving, agricultural, mining, forestry, material handling, and industrial stationary.
Performance
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Overview
Provides advanced sealing and thermal-management solutions Offers gaskets, cover modules, heat shields, engine sealing systems and heat transfer products. Major serving markets include Light vehicle market, Medium/heavy vehicle market, and Off-Highway market.
Performance
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Geographical Segments
Target Markets
Australia, China, India, Japan, New Zealand, Singapore, South Korea and Thailand.
Performance
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Target Markets
Belgium, Denmark, Finland, France, Germany, Hungary, Ireland, Italy, Lithuania, Netherlands, Norway, Russia, South Africa, Spain, Sweden, Switzerland, Turkey, and the UK.
Performance
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Target Markets
Canada, Mexico, and the US.
Performance
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Target Markets
Argentina, Brazil, Colombia and Ecuador.
Performance
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