Lightweight parts expected to drive growth at Dana
According to a top company executive, rising demand for crossovers and SUVs will fuel double-digit sales growth of light-vehicle drivetrain components.
In an interview with Automotive News, Bob Pyle, global president of Dana's light vehicle drivetrain technologies division said the supplier expects sales of parts including propeller shafts & axles to achieve annual increases of 10 percent over the next three years stating Asia and Latin America will be the hot markets for his unit.
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