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Dana Files for Bankruptcy Protection

Dana, the leading maker of axles in our Wranglers has filed for bankruptcy protection. THis move is a result of rising production costs. Mostly wages and raw materials. I don’t think that Dana will disappear, as this seems more like a move to cut labor costs, similar to recent airline maneuvers, more than anything else.

Technorati Tags: Bankruptcy, Dana, Jeep, Axles

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