Dana Inc. posted mixed results in the third quarter, citing ongoing supply and production disruptions.
In the quarter ended Sept. 30, Dana reported a net loss attributable to the company of $88 million, or a loss of 61 cents per diluted share, compared with net income of $50 million, or 33 cents, a year earlier.
The company reported the net loss was related to a commercial vehicle goodwill impairment charge attributed to continuing cost inflation, demand pattern disruptions and higher discount rates.
