Dana Corporation to Supply Spicer(R) Driveshafts for Hino Trucks

Nov 20, 2003

    TOLEDO, Ohio, Nov. 20 /PRNewswire-FirstCall/-- Dana Corporation
(NYSE: DCN) announced today that it has been selected by Hino Motors, Ltd., to
provide Spicer(R) driveshaft assemblies for 2005 model year Hino North
American Class 4 through 7 vehicles. Hino's all-new 2005 model year
conventional-style trucks will be available at Hino's North American dealers
beginning in January 2004.
    (Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
    "We are very pleased to be supplying our driveshaft technologies to Hino,"
said Nick Cole, president of Dana's Heavy Vehicle Technologies and Systems
Group. "Dana is proud to be a part of these exciting vehicle programs with
this global commercial-vehicle manufacturer. We look forward to this new
business opportunity and to further developing our relationship with Hino."
    Dana will supply Spicer Life Series(R) 70, 100, and 140 driveshafts for
the 2005 Hino platform. The driveshafts will be assembled in Dana's Renton,
Wash., Customer Focus Center.
    Hino Motor Sales U.S.A., Inc., is the U.S. distribution company for Hino
Motors Ltd. of Tokyo, Japan, which is a subsidiary of Toyota Motor
Corporation.  Based in Orangeburg, N.Y., the company sells and services Class
4, 5, 6, and 7 trucks.
    Dana's Commercial Vehicle Systems unit designs, manufactures, and markets
front-steer, rear-drive, trailer, and auxiliary axles; driveshafts; steering
shafts; brakes; 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.
    Dana Corporation is a global leader in the design, engineering, and
manufacture of value-added products and systems for automotive, commercial,
and off-highway vehicle manufacturers and their related aftermarkets. The
company employs approximately 60,000 people worldwide.  Founded in 1904 and
based in Toledo, Ohio, Dana operates hundreds of technology, manufacturing,
and customer service facilities in 30 countries. The company reported 2002
sales of $9.5 billion.  Dana's Internet address is http://www.dana.com .

SOURCE Dana Corporation

Web Site: http://www.dana.com

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