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KALAMAZOO, Mich., Nov. 20, 2006 – Dana Corporation’s Commercial Vehicle Systems group announced today it has joined a new consortium with Western Michigan University’s (WMU) College of Engineering and Applied Sciences.

WMU’s Center for Advanced Vehicle Design and Simulation (CAViDS) consortium is aimed at providing breakthrough computer simulation technology and knowledge to the motor vehicle industry, particularly in the areas of vehicle design and analysis. Other companies in this consortium are Eaton Corporation, Mann+Hummel, and L3 Communications. Members also include two government laboratories – the Tank-Automotive Research, Development, and Engineering Center (TARDEC) in Warren, Mich., and the Oak Ridge National Laboratory in Knoxville, Tenn.

“The CAViDS consortium provides Dana a unique opportunity to apply WMU’s intellectual and applied research resources toward future product and design advances,” said Dana’s Heavy Vehicle Products President Nick Stanage. “We are proud to partner with WMU’s respected design and simulation center and look forward to the technological advances we expect from this collaboration.”

Through its membership in the CAViDS consortium, Dana will be able to:

1) Participate in or sponsor research projects;

2) Test emerging technologies;

3) Benefit from the input of faculty experts;

4) Utilize the consortium’s advanced design and simulation echnologies;

5) Have some of these simulation technologies adapted to the specific needs of Dana’s Commercial Vehicle group; and

6) Take advantage of WMU’s training on new technologies.

“Dana and WMU have been working together for several years, and we are excited to formalize our relationship with this consortium,” said Prasenjit Adhikari, vice president of engineering for Dana’s Commercial Vehicle group. “Our relationship with WMU reinforces Dana’s commitment to fostering innovation and technology in the commercial vehicle industry.”

Dana’s Commercial Vehicle Systems group designs, manufactures, and markets front-steer, rear-drive, trailer, and auxiliary axles; driveshafts; steering shafts; suspensions; and related systems, modules, and services for the commercial vehicle market. Major components and modules are marketed under the Spicer(R) brand name. Dana’s strategic marketing alliance with Eaton Corporation’s Truck Components group provides innovative drivetrain systems under the Roadranger(R) brand name.

About Dana Corporation
Dana is a leading supplier of drivetrain, chassis, structural, and engine technologies. Our people design and manufacture products for every major vehicle and engine producer in the world. Based in Toledo, Ohio, with operations throughout the world, we are focused on being an essential partner to automotive, commercial, and off-highway vehicle customers, which collectively produce more than 60 million vehicles annually. Our continuing operations reported sales of $8.6 billion in 2005. Dana’s Internet address is: www.dana.com.

Dana and certain of our U.S. subsidiaries are operating under Chapter 11 of the U.S. Bankruptcy Code as debtors-in-possession. Information about the bankruptcy proceedings can be found at: http://www.dana.com/reorganization. While we continue our reorganization under Chapter 11, investments in our securities will be highly speculative. Although shares of our common stock continue to trade on the Over the Counter Bulletin Board (OTCBB) under the symbol "DCNAQ," the trading prices of the shares may have little or no relationship to the actual recovery, if any, by the holders under any eventual court-approved reorganization plan. The opportunity for any recovery by holders of our common stock under such reorganization plan is uncertain and shares of our common stock may be cancelled without any compensation pursuant to such plan.