Dana's Spicer Transmission Division Wins 1997 PACE Award

    TOLEDO, Ohio, Feb. 24 /PRNewswire/ -- Dana Corporation's Spicer
Transmission Division last night received the PACE Award from Automotive News
magazine in a ceremony at the Henry Ford Museum in Dearborn, Mich.
    Spicer Transmission earned the award in the Medium Company category,
sharing first-place honors with Bosch Automotive Motor Systems Corporation.
In addition, a Dana plant in Stockton, Calif., nominated for the innovative
relationship it has developed with its customer, was a finalist in the
competition.
    Spicer Transmission was honored for its AutoMate2(R) transmission for
Class 8 trucks.  Designed to reduce engine wear, the transmission features a
programmed electronic controller to optimize and automate the shifting of the
top two gears of the manual transmission, where 90 percent of gearshift
activity takes place for most truck driving.
    The innovation reduces distractions for truck drivers, saves fuel and cuts
driveline maintenance.  Spicer Transmission worked with engine control and
electronics experts from several companies to develop a transmission that
would work with a variety of engines.
    The Stockton plant, which is part of Dana's Parish Light Vehicles
Structures Division, supplies vehicle frame assemblies for the Toyota
Tacoma(R) truck to New United Motor Manufacturing Inc. (NUMMI) in Fremont,
Calif.
    The Stockton Plant, NUMMI and Toyota share daily process planning and
problem solving is accomplished jointly.  The three companies cross-train
employees.  Stockton keeps inventories at less than one day's production and
has achieved 99.9 percent on-time delivery, while shipping five different
types of truck frames to the Fremont plant 63 miles away.
    Dana's Spicer Driveshaft Division was a 1995 PACE Award winner for its
innovative universal joint.
    Co-sponsored by Automotive News and Ernst & Young LLP, the PACE awards
recognize leadership, results and innovation among North America's top
automotive suppliers.
    Dana Corporation is a global leader in the engineering, manufacture and
distribution of products and systems for the vehicular, industrial and
off-highway markets.  Its core businesses are axles, driveshafts, structural
components (frames), sealing products, filtration products, engine products,
industrial products and leasing.  Its leasing services operation was a
recipient of the 1996 Malcolm Baldrige National Quality Award.   Founded in
1904 and based in Toledo, Ohio, Dana operates facilities in 30 countries with
more than 50,000 people.  Its 1996 sales were $7.7 billion.  It has more than
40 product research and development centers worldwide.  The Internet address
for Dana's home page is: http://www.dana.com.

SOURCE  Dana Corporation

CONTACT: Gary Corrigan, Director-Corporate Communications, of Dana
Corporation, 419-535-4813