Dana Corporation Tandem Drive Axle Now Available on Volvo VN

Toledo, Ohio -- Apr 29, 2004 -- Dana Corporation (NYSE: DCN) announced today that its Dana®Spicer®Torsionally Tuned-40TM (DST40) tandem drive axle is now available for the Volvo VN from Volvo Trucks North America, Inc.

“We are very pleased to extend our drive axle technologies to the Volvo VN,” said Dana Chairman and CEO Michael J. Burns.  “This product offering is important to the growing commercial-vehicle market, and we are excited to bring this level of superior system technology and performance to Volvo and its customers.”

The DST40 is an integral component of the Roadranger®Torsionally Tuned System, now available for the Volvo VN.  The DST40 significantly reduces inter-axle driveline angles and improves overall drivetrain durability and performance – all while minimizing size, cost, and weight concerns for fleet owners and drivers.

“When the DST40 is specified with other leading Roadranger components, the result is the industry’s only torsionally tuned system of drivetrain components,” said Nick Cole, president, Dana Heavy Vehicle Technologies and Systems Group.  “We look forward to further developing our relationship with this leading global commercial-vehicle manufacturer.”

Volvo Trucks North America is part of Volvo Truck Corporation and AB Volvo, a publicly held company headquartered in Gothenburg, Sweden. 

Dana Corporation is a global leader in the design, engineering, and manufacture of value-added products and systems for automotive, commercial, and off-highway vehicles. Delivering on a century of innovation, the company's continuing operations employ approximately 45,000 people worldwide dedicated to advancing the science of mobility. Founded in 1904 and based in Toledo, Ohio, Dana operates technology, manufacturing, and customer-service facilities in 30 countries. Sales from continuing operations totaled $7.9 billion in 2003.  Dana’s Internet address is www.dana.com.

 

###