Dana Incorporated: Patience Should Be Well Rewarded

Jetta Productions Inc/DigitalVision via Getty Images Not everything was great for the business. While the firm did benefit from a $136 million, or 9.8%, increase in revenue associated with the Asia Pacific region, both its North America and South America units took a hit. Labor strikes in the final quarter of 2023 and a reduction in light truck production levels, were instrumental in pushing total sales in North America down by $171 million. In South America, sales were down about 7.2%. If we exclude foreig ...