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Passenger car offers respite for Dana’s troubled CV business

All-wheel drive business is a particular bright spot for the supplier, observes Freddie Holmes

The impact of foreign exchange (FX) and waning commercial vehicle (CV) business plagued Dana’s performance during 2015. Full year sales of US$6.06bn – down US$557m compared with last year – and fourth quarter sales of US$1.4bn (down US$207m) were in line with preliminary results released earlier in January 2016. Adjusting for FX effects, full year sales would have been approximately US$6.7bn.  

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