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Dana +2% after business update at RBC conference

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conix   Tuesday, 09/15/20 09:17:47 AM
Re: ernie44 post# 80
Post # of 105 
Dana +2% after business update at RBC conference

Sep. 15, 2020 8:10 AM ET|About: Dana Incorporated (DAN)|By: Clark Schultz, SA News Editor

Dana (NYSE:DAN) says production levels continue to improve on stronger demand across all three mobility markets.

For the light vehicle market, truck demand is stronger than expected and key vehicle inventories remain low. Class 8 demand is also said to be strengthening.

Execs are presenting today at the RBC Capital Markets Global Industrials Virtual Conference. Of note, the Hyliion partnership was included in the talk, with the stake said to be valued at $130M.

Successful Trading is the art of minimizing long term risk and maximizing capital allocation.
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