DANA Inc
For the period ended Mar 31, 2025. Filed Apr 30, 2025.
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Mar 31, 2025 · Filed Apr 30, 2025
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Equity Affiliates
Note19. Equity Affiliates
We have a number of investments in entities that engage in the manufacture and supply of vehicular parts (primarily axles, axle housings and driveshafts).
Equity method investments**at March 31, 2025** —
| Ownership Percentage | Investment | |
|---|---|---|
| Dongfeng Dana Axle Co., Ltd. | 50% | $54 |
| ROC-Spicer, Ltd. | 50% | 21 |
| Axles India Limited | 48% | 17 |
| Tai Ya Investment (HK) Co., Limited | 50% | 5 |
| All others as a group | 6 | |
| Investments in equity affiliates | 103 | |
| Investments in affiliates carried at cost | 24 | |
| Investments in affiliates | $127 |
On* April 10, 2025,Dana entered into a definitive agreement to sell its 48% ownership interest in Axles India Limited for $43 in cash. The transaction closed on April 25, 2025.*
24
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