Dana Corporation Selected as 'Best of the Best' Among Axle Suppliers in Industry Survey

Dec 11, 2001

 Automotive Industries Magazine Recognizes Top Suppliers in Annual Quest for
                             Excellence Rankings

    TOLEDO, Ohio, Dec. 11 /PRNewswire/ -- Dana Corporation (NYSE: DCN)
announced today that it has received top honors in the Axles and Components
category of Automotive Industries magazine's ranking of the top automotive
    Dana received the gold award in the annual Quest For Excellence survey of
original -- equipment manufacturers who ranked suppliers in five categories --
quality, price, delivery, service/response, and innovation.  The survey,
conducted by Automotive Industries, is in its fourth year, and at least one
Dana group has been recognized by the survey each year.
    In awarding the honors, Andy Cummins, publisher of Automotive Industries,
said, "To be ranked by one's customer as the 'best of the best' is quite an
achievement and one not to be taken lightly.  How many of us wish that our
customers held us in such high esteem that they would take the time to
complete a lengthy survey to ensure we got the recognition we so richly
    Dana Chairman and CEO Joe Magliochetti said, "This is an especially
gratifying distinction in that our customers ranked us best in class when
compared to many significant competitors.  We are certainly proud of the
people in our Traction Technologies Group who have worked so diligently to
delight our customers by offering cost effective and innovative breakthrough
technologies, such as the Hydra-Lok(TM) limited-slip differential, the TXT(TM)
differential, and the electronic Dual Advantage(TM) dual-disconnect system."
    Future advancements planned by Dana's Traction Technologies Group include
the new AdvanTek(TM) series.  The series will incorporate a variety of
traction-enhancing features, which will address the future needs of vehicle
platforms -- including ride enhancements, reduced noise, improved handling,
and better fuel economy.  The AdvanTek(TM) series is slated for release early
next year in support of vehicle platforms in 2005 and beyond.
    Dana's Traction Technologies Group has 25 manufacturing, assembly, and
research facilities in 16 countries supporting a global customer base.  The
goal of the Traction Technologies Group is to transfer any form of power into
motion through the use of advanced technologies for traction control, noise
refinement, stability enhancement, and fuel efficiency for the vehicular
    The Traction Technologies Group is part of Dana's Automotive Systems
Group, a leading provider of under-the-vehicle integration technology designed
to improve overall vehicle handling, performance, and comfort.  The group
offers 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.
    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 300 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: