Dana Incorporated (NYSE: DAN) is an automotive and industrial driveline components company that designs and manufactures drivetrain, sealing, and thermal-management products for vehicle original equipment manufacturers. Revenue is transactional, earned by supplying engineered components directly to OEMs across light vehicle, commercial vehicle, and off-highway end markets. Through December 2024, Dana operated four segments: Light Vehicle, Commercial Vehicle, Off-Highway, and Power Technologies. In the first quarter of 2025, the Power Technologies segment was integrated into the remaining three segments, leaving Dana with three reporting segments as of FY2025. End markets include light trucks, SUVs, CUVs, vans, passenger cars, on-highway trucks and buses, and wheeled off-highway vehicles used in construction, mining, and agriculture. Dana announced cost-reduction actions in Q4 2024 targeting annualized savings of $325 million through 2026, with approximately $260 million realized through FY2025 and $65 million remaining for 2026, per the 10-K filed February 27, 2026.

Revenue model

Transactional sales of engineered driveline and related components to vehicle OEMs, priced on a per-unit or program basis tied to vehicle production volumes.

Products and services

Drivetrain and driveline components, sealing products, thermal-management products, and electrified drivetrain solutions supplied to light vehicle, commercial vehicle, and off-highway OEMs.

Customers and end markets

Vehicle OEMs across three end markets: light vehicles (light trucks, SUVs, CUVs, vans, passenger cars), on-highway commercial vehicles (trucks and buses), and off-highway vehicles (construction, mining, and agricultural wheeled equipment).

Value-chain role

Tier-1 automotive and industrial supplier, sitting between raw-material and sub-component suppliers and final vehicle OEM assemblers.

Geographic exposure

Global operations; specific country-level revenue breakdown not extractable from the provided filing excerpts.

Source: SEC 10-K, filed 2026-02-27

Industry: Motor Vehicle Parts & Accessories Peers: Gentherm Inc Solid Power Inc Dorman Products Inc LCI Industries Luminar Technologies, Inc./DE TENNECO INC Patrick Industries Inc Visteon Corp Xpel Inc