Friday, Oct 21, 2016
One of America's Great Newspapers ~ Toledo, Ohio


Dana s sales drop, breaks-even on profit

Problems in the auto industry continued to take a toll on Dana Holding Corp. with quarterly sales plunging 49 percent to $1.2 billion, the firm said Thursday.

Earnings in the April-to-June period improved to a break-even profit from a loss of $122 million at the same time last year. Sales were down from $2.3 billion in the second quarter of 2008.

Executives blamed lower vehicle production, especially among off-highway vehicle for which the Toledo firm supplies parts.

Click to comment

Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem?

Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet.

Copyright © 2015 Toledo Blade

To Top

Fetching stories…