Dana Sells Off-Highway Business to Allison Transmission for $2.7 Billion
Summary by automotivedive.com
8 Articles
8 Articles
Dana confirms $2.7B divestment - Prime Mover Magazine
The 'Spicer Electrified Zero-8 eAxle' is ideal for heavy duty trucks. Image: Dana.Dana Incorporated has announced more details about the sale of its Off-Highway business unit. Dana aims to sell its Off-Highway business to Allison Transmission Holdings, Inc. for USD$2.7 billion (approximately AUD$4.1 billion). The transaction, awaiting regulatory approvals and closing conditions, is projected to be finalised in late 2025, and represents a seven-f…
Coverage Details
Total News Sources8
Leaning Left1Leaning Right2Center3Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 17%
C 50%
R 33%
Factuality
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