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. The company offers various Products including driveshafts, ICE, hybrid and e-transmissions, e-Axle systems, e-Transmission systems, Inverters, Electric motors, Controllers, hub drives, driveshafts, e-Hub drive systems, ICE sealing and thermal, e-Sealing, e-Thermal cooling systems, battery cooling, electronics cooling, hydrogen fuel cell cooling, and new power industrial cooling.
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R&D Overview
Dana R&D initiatives focus on enhancing efficiency, performance, and safety in mobility, including advancements in powertrain systems, vehicle dynamics, and thermal management. The company invests in both internal combustion and electric vehicle technologies, aiming to improve fuel efficiency, reduce emissions, and enhance the range and sustainability of electric vehicles. Dana Inc also integrates artificial intelligence and machine learning into product design and testing to accelerate development and optimize performance. The R&D units of Dana are responsible for ongoing engineering and research activities to improve the reliability, performance, and cost-effectiveness of existing products and to design and develop innovative products for new applications. These units integrate related operations to foster innovation, speed product development, maximize efficiency, and improve communication and information sharing. In FY2025, the company incurred an expense of US$105 million on its R&D activities, which stood at 1.4% of the company’s total revenue.
Business Segments
Overview
Offers products such as axles, electric motors, controllers, battery cooling, and new power industrial cooling to the OEMs of on-highway commercial vehicles like primarily trucks and buses. Major serving markets include medium-duty trucks, heavy-duty trucks, buses, and specialty vehicles.
Performance
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Overview
Offers light vehicle original equipment manufacturers (OEMs) with products such as axles, driveshafts, controllers, inverters, hydrogen fuel cell cooling and new power industrial cooling for light trucks, SUVs, CUVs, vans, and passenger cars. Major serving markets include light trucks (full frame), sport utility vehicles, crossover utility vehicles, utility vans, sports cars, and super sports cars.
Performance
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Geographical Segments
Target Markets
Australia, China, India, Japan, Singapore, Thailand and South Korea
Performance
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Target Markets
France, Spain, Argentina, Germany, Sweden, Hungary, Switzerland, Ireland, United Kingdom, Italy, Lithuania and South Africa
Performance
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Target Markets
Canada, Mexico, and the US
Performance
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Target Markets
Argentina, Brazil and Colombia
Performance
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