Dana Corp files for Bankruptcy

SpydyrWyr

Member
Joined
Sep 26, 2005
Location
Raleigh
Not sure if this is a repost or not, but thought I'd share. Dana Corp. has declared bankruptcy:
http://msnbc.msn.com/id/11655438/
Of course it's not the end of Dana, and Dana's European, South American, Asia- Pacific, Canadian and Mexican subsidiaries are not included in the Chapter 11 filing and are operating as normal, but thought some of y'all might be interested.
 
SpydyrWyr said:
Of course it's not the end of Dana, and Dana's European, South American, Asia- Pacific, Canadian and Mexican subsidiaries are not included in the Chapter 11 filing and are operating as normal, but thought some of y'all might be interested.
Click to expand...


It's doesn't say anything about it being the end of Dana in North America either for that matter. It just says Bancruptcy Protection, and Restructuring of Dana. Ineteresting read though. Even more interesting to see how Dana and others dp in the future with all the cost cutting they have to do for the car Manufactureres.
 
Back
Top