Dana Corporation's Driveshaft Products Group Changes Name to Reflect Broader Range of Technology

Dec 19, 2001

    TOLEDO, Ohio, Dec. 19 /PRNewswire/ -- Dana Corporation (NYSE: DCN)
announced today that the name of its Driveshaft Products Group, a part of its
Automotive Systems strategic business unit, has been changed to the Torque
Management Group.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
    Bill Carroll, president of the Automotive Systems Group, said, "The name
Torque Management better describes the newer innovations and more
comprehensive range of technology that the group is introducing to our global
customers.  At the same time, it emphasizes our commitment to providing
advanced modularity and system integration solutions to the automotive
marketplace.
    The Torque Management Group is headed by Mike Greene, a 27-year Dana
veteran, who has also led the company's Structural Solutions Group.  Dana's
most global operation, the group consists of 45 facilities in 20 countries.
    "As Dana stays ahead of the curve in a rapidly changing automotive-supply
industry, we have progressed and expanded our focus beyond traditional
driveshaft products, processes, and services.  We now offer a complete array
of technological solutions for drivetrain torque management," Green said.
    "As vehicle powertrains evolve, Dana's Torque Management Group will be
ready with drivetrain innovations that optimize vehicle performance as well as
enhance the consumer's driving experience," he added.
    Products will continue to be sold under the respected and notable
Spicer(R) brand.
    The Torque Management Group is part of Dana's Automotive Systems Group, a
leading provider of under-the-vehicle integration technology, including
advanced drivetrain torque and traction technologies, chassis design
solutions, advanced modularity concepts, complete integrated systems
engineering, and program and logistics management.  Its products include
Spicer(R) axles, drivelines, and structural products; GETRAG(R) differentials,
PTUs, and transaxles; Tremec(R) transmissions; Nakata(R) steering and
suspension systems; and FTE(R) brake and clutch actuation systems.  The group
focuses on innovations to improve overall vehicle handling, performance, and
comfort.
    Dana Corporation is one of the world's largest suppliers of components,
modules and complete systems to global vehicle manufacturers and their related
aftermarkets.  Founded in 1904 and based in Toledo, Ohio, the company operates
some 330 major facilities in 34 countries and employs approximately 75,000
people.  The company reported sales of $12.3 billion in 2000.  Dana's Internet
address is http://www.dana.com .



SOURCE Dana Corporation

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

Photo Notes: http://www.newscom.com/cgi-bin/prnh/19990903/DANA AP
Archive: http://photoarchive.ap.org PRN Photo Desk, 888-776-6555
or 212-782-2840
Company News On Call: Company News On-Call:
http://www.prnewswire.com/gh/cnoc/comp/226839.html


print Print   email Email      rss RSS