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KALAMAZOO, Michigan, Dec. 5, 2006 – Dana Corporation announced today that it has produced its one-millionth E-series steer axle. Dana’s Spicer® E-1202I steer axle was produced at its Humboldt, Tenn., manufacturing facility today.

The one-millionth axle was built as a complete assembly with a PACCAR-proprietary front suspension, along with Bendix® air disc brakes and Spicer LMSTM aluminum hubs. The assembly was sequenced to Kenworth’s facility in Renton, Wash., for use with a new Kenworth T660 aerodynamic long-haul conventional chassis.

“Spicer E-series steer axles have a proven record of low maintenance, long life, and ease of serviceability. Customers have benefited from the axle’s durable and lightweight design that has contributed to driving down operational costs,” said Gary Moore, assistant general manager of sales and marketing, Kenworth Truck Company. “We are proud that the Kenworth T660 is part of this significant occasion.”

Originally introduced in 1993, the E-series axle has gone through numerous design enhancements to help it for exceed customers’ demanding requirements today. With its proven, industry-leading design, the E-series is one of Dana’s most popular steer axles.

The Spicer E-1202I steer axle features an exclusive one-piece integral arm forged knuckle for reduced weight; a large kingpin diameter for improved durability and reduced maintenance; two drawkey kingpin retention screws for improved alignment capability and reduced maintenance; and a power rib beam design for improved alignment capability.

“Dana is pleased to continue providing products and systems that lead the commercial vehicle industry in quality and technology,” said Dana’s Heavy Vehicle Products President Nick Stanage. “This one-millionth axle is further evidence of Dana’s commitment to provide durable, high-performance, low-maintenance products to our customers.”

Stanage also added, “Over the next several months you’ll see further evidence of Dana’s commitment to the commercial vehicle industry through initiatives that will deliver outstanding value in manufacturing efficiencies and product development.”

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® brand name. Dana’s strategic marketing alliance with Eaton Corporation’s Truck Group provides innovative drivetrain systems under the Roadranger® 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.

Contact: Emily Ewing
emily.ewing@dana.com