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The company also tweaked its official name for the second time in eight years. The Maumee, Ohio-based powertrain supplier reported sales of $1.55 billion, down 4 percent from the second quarter of 2015. Comment?
Dana Holding Corp. said today it will invest $70 million in a new axle plant in Toledo, Ohio, that will supply Jeep and another automaker. Dana, which makes a variety of axles, driveshafts and other parts, will construct the facility on the site of the former Willys-Overland Motors plant, where the original Jeep was assembled. Comment?
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