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Dana Corp. is seen to be amongst the highest rated investments in the automotive industry, despite the facts. Its shares should at least be around $15, and under new management, this could be a possible goal. Dana Corp. offers low prices and considerably lower costs that many other automotive competitors around. Under Chapter 11 protection, Dana Corp. was able to gain hundreds of millions of dollars in cost cuts and 20% in reduction in work force. But they’re going to have to grow and expand to Asia, where they are way behind the curve. So far Ford has been its major customer, representing 23% of revenue...
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