Dana (DAN) UBS Auto and Auto Tech Conference 2026 summary

Leadership transition

• Incoming CEO Byron Foster will assume the role on July 1, with Bruce McDonald stepping down after this conference.

Market trends and outlook

• Light vehicle production remains stable with slight volume uptick expected to continue through the year.

• Commercial vehicle demand, especially Class 8, is picking up in North America, while South America and Europe remain soft.

• Volume trends are slightly ahead of initial guidance, with potential upside in the back half of the year.

Cost optimization and automation

• $35 million in cost savings achieved year-to-date, on track for $65 million for the year, with an additional $65 million targeted by 2030.

• Automation initiatives focus on replacing manual tasks, improving safety, and sharing best practices across plants.

• Capital investment of $175 million over three years is planned for automation and productivity improvements.