DANA Inc
For the period ended Jun 30, 2025. Filed Aug 11, 2025.
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Jun 30, 2025 · Filed Aug 11, 2025
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Equity Affiliates
Note20. Equity Affiliates
We have a number of investments in entities that engage in the manufacture and supply of vehicular parts (primarily axles and driveshafts).
Equity method investments**at June 30, 2025** —
| Ownership Percentage | Investment | |
|---|---|---|
| Dongfeng Dana Axle Co., Ltd. | 50% | $58 |
| ROC-Spicer, Ltd. | 50% | 24 |
| Tai Ya Investment (HK) Co., Limited | 50% | 5 |
| All others as a group | 6 | |
| Investments in equity affiliates | 93 | |
| Investments in affiliates carried at cost | 5 | |
| Investments in affiliates | $98 |
On* April 25, 2025,*we sold our 48% ownership interest in Axles India Limited for $43 in cash. The $19 pre-tax gain on the transaction is included in equity in earnings of affiliates.
On* June 6, 2025,*we sold our ownership interest in Switch Mobility Limited for $10. The $8 pre-tax loss on the transaction is included in other income (expense), net.
25
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