NEW YORK, Dec 20 (Reuters) - Auto parts maker Dana Corp. said on Tuesday it would cut about 800 jobs in Canada and Australia as supply agreements expire for frames and axles. Toledo, Ohio-based Dana will record pretax charges of about $28 million in the fourth quarter and sees another $10 million in charges in 2006 or early 2007. Dana shares were down 20 cents, or 2.9 percent, at $6.65 on the New York Stock Exchange.
Premium Content (PAID Subscription Required)
"Dana cuts 800 jobs in Canada, Australia" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.