Wednesday, July 29, 2015
Current Weather
Loading Current Weather....
Published: Saturday, 10/1/2011

Dana completes sale to Getrag for $136M


Dana Holding Corp. said Friday it has completed the sale of its equity in two joint ventures to Getrag Corp. for $136 million in cash.

The two joint ventures produce rear axle units, power take-off units, and all-wheel-drive systems for light vehicles. The Maumee-based auto supplier said the sale would allow it to focus on its core on- and off-highway driveline technologies and power technology products.

Recommended for You

Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.

Related stories