Dana Corporation Earns Nissan Quality Awards

TOLEDO, Ohio, June 28 /PRNewswire-FirstCall/ -- Dana Corporation (NYSE: DCN) announced today that two of its operations have earned Nissan Supplier Quality Awards.

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Cardanes S.A. de C.V., Dana's Querataro, Mexico-based joint venture with Desc, S.A. de C.V., was honored with Nissan's Regional Supplier Quality Award for propshafts, as well as Nissan's Zero Defect Award and Master Quality Award. Dana's Glacier Daido America, LLC, operation in Bellefontaine, Ohio, which produces engine bearings, also received Nissan's Zero Defect and Master Quality Award. These awards were presented during a recent ceremony in Nashville, Tenn.

"It's truly an honor to earn this type of recognition from a world-class customer such as Nissan," said Dana Chairman and CEO Mike Burns. "These awards illustrate the commitment of Dana people to provide our customers with the highest levels of performance, quality, and delivery."

Each year, Nissan recognizes suppliers that have met or exceeded the highest quality standards for parts delivered to its manufacturing plants. Established in 1984, the Nissan Supplier Quality Awards are based on year-long evaluations of supplier systems, incoming quality, supplier response time, pricing, design support, timely shipments, product performance and complexity, warranty, and Nissan's own vehicle evaluation system.

The Master Quality Award recognizes suppliers that have achieved a score of 85 or higher on a 100-point scale based on evaluations from the plant's engineering, manufacturing, product quality, and purchasing areas for one or more years. To be considered for the Zero Defect award, suppliers must achieve a defect rate of fewer than three parts per million over a one-year period.

Dana people design and manufacture products for every major vehicle producer in the world. Dana is focused on being an essential partner to automotive, commercial, and off-highway vehicle customers, which collectively produce more than 60 million vehicles every year. A leading supplier of axle, driveshaft, engine, frame, chassis, and transmission technologies, Dana employs 46,000 people in 28 countries. The company is based in Toledo, Ohio, and reported sales of $9.1 billion in 2004. Dana's Internet address is http://www.dana.com/.

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