Note 20 - Equity Affiliates

6 Months Ended

Jun. 30, 2021

Notes to Financial Statements

Equity Method Investments and Joint Ventures Disclosure [Text Block]

We have a number of investments in entities that engage in the manufacture and supply of vehicular parts (primarily axles, axle housings and driveshafts) and electronic control units.

Equity method investments exceeding $5 at June 30, 2021 — 

	Ownership Percentage	Investment
Dongfeng Dana Axle Co., Ltd.	50%	$	105
ROC-Spicer, Ltd.	50%		23
Axles India Limited	48%		9
All others as a group			5
Investments in equity affiliates			142
Investments in affiliates carried at cost			2
Investments in affiliates		$	144

On March 1, 2021, we acquired the remaining 51% ownership interest in Pi Innovo Holdings Limited (Pi Innovo). The additional interest, along with our existing ownership interest, provided us with a 100% ownership interest in Pi Innovo. As such, we ceased accounting for our investment in Pi Innovo under the equity method. See Note 2 for additional information.