GKN-Dana Tie Up Would Create World’s Largest Axle & Driveline Components Supplier

The off-highway powertrain activities of the U.K.’s GKN engineering group, together with its GKN Driveline automotive business unit, are to be combined with Dana Inc. in a new entity.

With pro forma sales of approximately $13.4 billion in 2017, the company will be the global leader in vehicle drive systems across all three major mobility markets — light vehicle, commercial vehicle and off-highway.

James Kamsickas, president and CEO of Dana, said, “This transformative and strategic…

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