Dana posts $126 million first-quarter loss

Newswire

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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

WardsAuto Blogs
Aug 25, 2014
blog

Finally, Voice of Reason

The concept of an autopilot is not new, particularly in aerospace. But Owens notes even the airline industry has never crossed that threshold by placing hundreds of lives solely in the digital hands of a computer....More
Aug 21, 2014
blog

Michigan, Great Lakes Region Still Core of North American Production

The Great Lakes Region is well-positioned to remain a North American production hub for years, perhaps well into the next decade....More
Aug 19, 2014
blog

Dodge Undergoes Brand ‘Purification’

The brand moves from overall mainstream to so-called mainstream-performance....More

Sponsored Introduction Continue on to (or wait seconds) ×