Dana Corporation Earns World Excellence Award From Ford Motor Company
Apr 25, 2003
TOLEDO, Ohio, April 25 /PRNewswire-FirstCall/ -- The Dana Corporation (NYSE: DCN) announced today that it has earned Ford Motor Company's World Excellence Award as one of the company's top suppliers for 2002. (Photo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) The World Excellence Awards provide annual recognition based on quality, cost and delivery performance. Forty-one suppliers from 13 countries won awards in various categories. Dana earned the Recognition of Achievement. Tony Brown, Ford vice president, Global Purchasing, said, "Congratulations to Dana Corporation. You are one of Ford's most valuable partners. Without your extraordinary contributions, we could not have achieved many of our goals in 2002." The award honors Dana for warranty reduction through cooperative efforts with Ford to reduce warranty-related costs on driveline axles on a variety of high-volume Ford trucks and SUVs. These applications include the front drive axles for the Ford Explorer SUV and Ranger compact light truck; front and rear drive axles for the Ford Super Duty F-Series truck line; Econoline 250, 350, and 450 vans; and the Escape SUV rear axle. Dana worked closely with Ford to establish an aggressive system to quickly address warranty issues while sharing best practices with the OEM engineers to help eliminate future warranty costs. This process uses extensive "real world" engineering analysis comparing original design parameters with how consumers actually use their vehicles. The knowledge is used to improve existing and future applications. "The warranty reduction system goes much deeper than initial quality; it targets the real drivers of our industry -- the vehicle consumer," said Bob Jones, director of sales for Ford business with Dana's Automotive Systems Group. "Consumers expect their vehicles to handle increasing stresses and demands. This warranty reduction system is shaped by consumers' needs and expectations, but is also supported by outstanding engineering and processes developed by Ford and Dana. The end result is a more reliable vehicle that will keep consumers coming back to the manufacturer." This marks the second time in three years that Dana has received Ford Motor Company's World Excellence Award - Recognition of Achievement in the area of warranty reduction. 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 more than 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.
SOURCE Dana Corporation
Web Site: http://www.dana.com
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