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Auto News

Dana Earnings: Q2 Earnings Drop

Auto supplier Dana Inc. said net profit fell nearly 85% in the second quarter, reflecting lower operating profit caused by the unfavorable impact of foreign currency values, soaring costs and challenges of the supply chain. Dana reported…

Bosch acquires British start-up Five

Once the agreement is concluded, the software engineering environments of the two teams will be merged into a single unit. Founded in 2016, Five operates from six locations in the UK and has approximately 140 employees. With expertise in…