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Share: Dana Inc. (NYSE: DAN) lost $31 million in 2020. But a $700 million book of new business — half in electric powertrains — should drive profit margins higher even as spending rises. The maker of drivelines for internal combustion engines and integrated electric powertrain systems points to several new contracts boosting its profit margin to 12% by 2023. They include an electrified powertrain for a medium-duty chassis for Freightliner Custom Chassis Corp. Production begins in the third quarter.  Maumee, Ohio-based Dana also won business for an e-axle, electric motor, inverter and gea...

Operator Good morning, and welcome to Dana Incorporated's Fourth Quarter and Full Year Financial webcast and conference Call. My name is Regina, and I will be your conference facilitator. [Operator Instructions] At this time, I would like to begin the presentation by turning the call over to Dana's Senior Director of Investor Relations and Strategic Planning, Craig Barber. Please go ahead, Mr. Barber. Craig Barber -- Head of Investor Relations Thank you, Regina, and good morning, everyone, on the call. Thank you for joining us today for our 2020 fourth quarter and full year earnings call. Yo...

Dana Incorporated to Participate in Wolfe Research Virtual Global Auto, Auto Tech, and Mobility Conference News provided by Share this article Share this article MAUMEE, Ohio, Feb. 17, 2021 /PRNewswire/ -- Dana Incorporated (NYSE: DAN) announced today it will participate in the Wolfe Research Virtual Global Auto, Auto Tech, and Mobility Conference on February 24, 2021.  Beginning at 1:55 p.m. EST, Dana's Chairman and Chief Executive Officer James Kamsickas and Executive Vice President and Chief Financial Officer Jonathan Collins will provide a brief overview of the company and answer questi...

Pandemic Lockdowns Boost Consumer Robotics Market to US$10 Billion in 2020 Revenues Consumers shifting focus and spending from outside to inside the home News provided by Share this article Share this article NEW YORK, Feb. 9, 2021 /PRNewswire/ -- The consumer robotic market pushed through the pandemic's disruption to deliver continued growth in 2020 as consumers spent more time at home and invested in robotic offerings that made life simpler. Global tech market advisory firm  ABI Research finds the consumer robotics market generated US$10.4 billion in revenues in 2020, up US$448 million, o...

'); //]]>//--> By John P. Mello Jr. Jan 13, 2021 5:23 AM PT Smart devices, the cornerstone of the home of the future, can't seem to capture the imagination or open the wallets of a large number of Americans. Some 46.7 million broadband households aren't ready to buy a smart home device, according to a survey released this week by Parks Associates, a market research and consulting company specializing in consumer technology products, in Addison, Texas. The households gave a number of reasons from staying away from smart home devices: 44 percent (20.5 million households) said the devices are to...