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Tier One supplier Dana Inc. invested more than $400 million over the past three years to get its electrification product portfolio in shape as it aims for a revenue target of $500 million from that by 2023.

Allison Transmission Holdings Inc. reported lower net income and revenue while Dana Inc. posted lower net income and slightly increased revenue.

Dana Inc. announced it completed the acquisition of Nordresa Motors Inc., which designs and integrates electric systems for commercial vehicles.

Dana Inc., a major supplier of drivetrain, sealing and thermal-management technologies, reported a net loss of $68 million for the second quarter ended June 30.

Dana Inc. reported higher second-quarter revenue and net income as it underscored its growth opportunities as an e-propulsion design, engineering and manufacturing systems supplier.

Industrial parts supplier Dana Inc. reported Feb. 13 its fourth-quarter and full-year 2017 results, stating a net loss of $104 million in the fourth quarter compared with income of $485 million in the same period in 2016.

Shaving off weight has become a central objective of truck component design, and nowhere is that “lightweighting” trend more apparent than on the front axle.

Dana Inc.’s net income and earnings jumped in the second quarter compared with a year earlier, attributed to improved market conditions and operational execution.