Business

Dana Incorporated to Showcase at the BofA Securities 2024 Automotive Summit

MAUMEE, Ohio, March 20, 2024 /PRNewswire/ -- Dana Incorporated, a global leader in propulsion and energy-management solutions for the automotive industry, has announced its participation in the BofA Securities 2024 Automotive Summit scheduled for March 26, 2024. In a statement issued to the press, the company has outlined the details of its involvement in the upcoming prestigious event.

James Kamsickas, the Chairman and Chief Executive Officer of Dana Incorporated, is set to give attendees an insightful presentation. Kamsickas's segment is poised to commence at 3 p.m. Eastern Daylight Time. During this segment, he will provide a comprehensive overview of Dana Incorporated's operations, business strategy, and future growth plans. For a span of approximately 40 minutes, he will also engage in a question and answer session, providing detailed responses to queries from industry analysts, investors, and summit participants.

Investor Engagement and Information Access

For interested stakeholders, investors, and industry observers unable to attend the summit in person, Dana Incorporated has made provisions to ensure participation through digital means. Detailed information on how to access the live webcast of the presentation will be made available on Dana's Investor website. This move underscores the company's commitment to transparency and ongoing communication with the investment community. Participants are encouraged to check Dana's website, www.dana.com/investors, prior to the event to obtain access details.

Pioneering Solutions for a Sustainable Future

With a venerable history that traces back to 1904, Dana Incorporated has firmly established itself as a pioneer in the automotive industry. Focused on the design and manufacture of high-efficiency propulsion and energy-management solutions, Dana powers a wide range of vehicles and machinery across all mobility markets worldwide. The company's expertise spans traditional and cutting-edge clean-energy solutions that encompass a robust portfolio, from drive and motion systems to electrodynamic technologies, replete with advanced software and controls.

Moreover, Dana is at the forefront of delivering thermal, sealing, and digital solutions to the market, reflecting its dynamic approach to tackling the evolving demands of modern mobility. This diverse mix of offerings cements Dana's position as a crucial player in steering the automotive industry towards a more sustainable trajectory.

A Global Footprint Driven by Ethical Principles

Operating out of its base in Maumee, Ohio, USA, Dana Incorporated boasts an impressive global presence. Its sales figures for 2023 reached a staggering $10.6 billion, signifying robust financial health and a broad market impact. The company's global workforce of 42,000 people spans 31 countries across six continents, a testament to the company's expansive scope and the universal appeal of its products and services.

Dana's reputation as a responsible and ethical corporation has been consecutively recognized by the Ethisphere Institute, which named Dana among the "World's Most Ethical Companies" for both 2023 and 2024. Additionally, "Newsweek" acknowledged Dana as one of "America's Most Responsible Companies 2023," honoring its commitment to corporate responsibility and sustainability practices.

These accolades underscore Dana Incorporated's dedication to high ethical standards, transparency in operations, and a commitment to positive corporate citizenship. It reflects a corporate culture that not only values but actively cultivates innovation, responsibility, and a shared vision of success. Winning together represents the cornerstone of Dana's philosophy, fostering an environment where each success is experienced as a collective triumph.

Cultivating a High-Performance Culture

Central to Dana's sustained success is its high-performance culture—a key driver that underlines every aspect of its operations. It is a culture deeply rooted in valuing others, whether they are employees, customers, or community partners. By recognizing the inherent worth and potential in every individual, Dana inspires forward-thinking innovation and nurtures growth that is responsible and attuned to the needs of the planet.

Steeped in a tradition of excellence, Dana's workplaces around the globe radiate an atmosphere that is conducive to ingenuity and advancement. This high-performance culture embodies the spirit of winning together, where collaboration and unity are not mere buzzwords but lived experiences. It is this very ethos that has earned Dana global recognition as a top employer—one that prioritizes the development and well-being of its workforce, ensuring that the company continues to attract and retain top-tier talent.

As Dana Incorporated gears up for its participation in the BofA Securities 2024 Automotive Summit, the global community can anticipate insightful revelations from a company that has been a touchstone of innovation and ethical practices for over a century. James Kamsickas's comprehensive overview of the company is expected to spotlight Dana's recent achievements, ongoing projects, and strategic visions for the future.

The Road Ahead: Innovation and Expansion

Dana's drive to forge a sustainable path in the automotive industry is readily apparent in its substantial investments in research and development. The focus on innovating clean-energy solutions signifies the company's proactive stance on environmental conservation and its ambition to lead the industry towards an ecologically aware future. This, coupled with the company's impressive global presence, ensures that Dana's influence on the trajectory of the automotive sector remains profound and positive.

With a vision that aims to harmonize cutting-edge technology with environmental stewardship, Dana Incorporated continues to set industry benchmarks. Its participation in major events like the BofA Securities 2024 Automotive Summit serves as an important medium to showcase its commitment to growth, innovation, and ethical business practices.

As the expectations around sustainable automotive solutions grow, Dana's role in shaping these conversations becomes increasingly crucial. Through platforms such as the upcoming summit, Dana has the opportunity to align with other industry leaders, policy-makers, and investors, fostering a collaborative approach to the shared challenges and opportunities of the modern mobility landscape.

Embracing Challenges as Opportunities

The automotive industry stands at the precipice of profound change, facing challenges ranging from stringent environmental regulations to the rapid pace of technological development. For Dana Incorporated, these challenges are viewed not as obstacles, but as opportunities to demonstrate its innovative prowess and adaptability.

Dana's agile and forward-thinking approach enables it to navigate the complexities of the evolving automotive marketplace with confidence. As a testament to this ability, the company's robust financial performance and recognition from reputable organizations highlight its propensity for growth and its tenacity in overcoming industry pressures.

Conclusion: A Beacon of Industry Excellence

In conclusion, as Dana Incorporated takes the stage at the BofA Securities 2024 Automotive Summit, it stands as a beacon of industry excellence and a harbinger of technological advancement in mobility. James Kamsickas's participation is anticipated to emphasize the company's steadfast dedication to innovation, sustainability, and integrity, the hallmarks that have solidified Dana's eminent position in the automotive sector.

For further information and to access the live webcast, visit Dana's investor relations website at www.dana.com/investors. This channel will provide interested parties with insights, company updates, and the necessary connectivity to engage with Dana Incorporated during the BofA Securities 2024 Automotive Summit and beyond.

As the company's history and current endeavors are woven together at the event, both existing and potential investors will gain a clearer picture of Dana's enduring legacy, current market position, and visionary roadmap for the future. This narrative ensures that Dana Incorporated continues to be a formidable entity in the realm of automotive innovation, reinforcing its legacy for years to come.

Investors, industry leaders, and technology enthusiasts alike are poised to witness the convergence of ambition and ethical responsibility embodied by Dana Incorporated at this high-profile gathering. The company's engagement in the BofA Securities 2024 Automotive Summit is not merely a presentation of its achievements, but a testament to its ongoing journey towards creating a sustainable and innovative future.

In an era marked by constant change and the persistent quest for sustainability, Dana Incorporated's voice remains an indispensable one. The company's alignment with ethical imperatives, its commitment to growth, and its resolve to deliver cutting-edge solutions will likely resonate throughout the course of the BofA Securities 2024 Automotive Summit and set a precedent for the industry at large.

To stay abreast of the latest developments emerging from the BofA Securities 2024 Automotive Summit and to follow Dana Incorporated's endeavors, the investment community is encouraged to engage with the available digital platforms. By doing so, stakeholders are guaranteed a front-row seat to the evolution of an enterprise that continues to blend a storied past with an enterprising and sustainable future.

Engage with Dana Incorporated

Staying connected with Dana Incorporated, particularly during influential industry events such as this one, offers an in-depth look into the company's strategic direction and innovation prowess. These insights play a crucial role in understanding Dana's impact on the automotive sector and the broader implications for global mobility and sustainability initiatives.

The BofA Securities 2024 Automotive Summit serves as a pivotal moment for Dana Incorporated to cast its vision to a discerning audience, reinforcing its role as a thought leader and innovator. It's an opportunity to engage with individuals and entities that collectively drive progress within the automotive industry.

With CEO James Kamsickas at its helm, Dana Incorporated is set to make a significant impact at the upcoming summit. The live webcast will enable audiences to partake in this collaborative dialogue on mobility's future, reflecting the company's dedication to communication, innovation, and progress within the automotive landscape.