<ARTICLE> 5 <CIK> 0000051200 <NAME> GREAT DANE HOLDINGS INC. <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1995 <PERIOD-END> MAR-31-1995 <CASH> 39,554 <SECURITIES> 0 <RECEIVABLES> 108,708 <ALLOWANCES> 1,562 <INVENTORY> 106,315 <CURRENT-ASSETS> 272,963 <PP&E> 227,064 <DEPRECIATION> 105,314 <TOTAL-ASSETS> 567,344 <CURRENT-LIABILITIES> 197,595 <BONDS> 295,420 <COMMON> 168 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <OTHER-SE> (117,804) <TOTAL-LIABILITY-AND-EQUITY> 567,344 <SALES> 300,971 <TOTAL-REVENUES> 322,393 <CGS> 260,666 <TOTAL-COSTS> 276,531 <OTHER-EXPENSES> 0 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 10,464 <INCOME-PRETAX> 14,598 <INCOME-TAX> 6,305 <INCOME-CONTINUING> 8,293 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 8,293 <EPS-PRIMARY> 0.49 <EPS-DILUTED> 0.49