In Q1 2026, Dana Inc delivered segment EBITDA improvement in Commercial Vehicles despite volume headwinds, supported by effective pricing recovery, material cost savings, and operational efficiencies. The completion of the Off-Highway business divestiture streamlines Dana’s focus on core on-highway markets, sharpening competitive agility. While economic cyclicality and commodity pressures remain risks, ongoing cost reduction initiatives targeting $325 million annualized savings through 2026 provide a meaningful buffer to margin volatility in a shifting industry landscape.