Dana posts $126 million first-quarter loss


CHICAGO, May 31 (Reuters) - Bankrupt auto and truck parts maker Dana Corp on Wednesday reported a first-quarter net loss of $126 million as it took charges for reorganization and losses in discontinuing operations. The loss amounted to 84 cents per share, compared with a profit of $16 million, or 11 cents per share, a year earlier, Toledo, Ohio-based Dana said. Net sales rose to $2.2 billion in the quarter, from $2.15 billion, a year earlier. Dana and 40 of its U.S. subsidiaries filed ...

Premium Content (PAID Subscription Required)

"Dana posts $126 million first-quarter loss" 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!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 12, 2016

Subaru 2.0L Turbo-4 Boxer -- 2016 Award Acceptance

Subaru accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×