Dana announces new business award with Stellantis for Ram Dakota program

Dana (DAN) announced a new business award with Stellantis (STLA) for the Ram Dakota program, expanding the company’s presence in the compact truck market. The award includes the supply of front drive units and rear axles for an all-new vehicle platform, with production expected to begin in early 2028. This win increases Dana’s three-year net new sales backlog to approximately $950M, reinforcing continued momentum in high-quality new business.