Dana to Provide Advanced Front and Rear Axles for Three Prestigious Land Rover Vehicles
Oct 30, 2001
TOLEDO, Ohio, Oct. 30 /PRNewswire/ -- Dana Corporation (NYSE: DCN) announced today that its Traction Technologies Group has been selected to supply front and rear axles to support Land Rover's future platform initiatives in the premium sport-utility market. (Photo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) The high-volume family of advanced, four-wheel drive vehicles will incorporate a variety of innovative traction systems supplied by Dana to achieve a new standard in driver satisfaction. Both the front and rear axles feature industry-leading refinements in efficiency, performance, and acoustics. "This new program supports our efforts to work closely with customers globally to develop the traction technology needed for next-generation vehicles," said Joe Magliochetti, Dana chairman and CEO. "The nature and scope of these programs demand a supplier that is innovative, quality-driven, and global. Being chosen by a company such as Land Rover is representative of Dana's leadership in these areas." "The challenge we have embraced is two-fold: satisfying the robust nature of axle durability required to further the heritage of Land Rover vehicles, and meeting world-class demand for acoustic refinement," added Bill Carroll, president of Dana's Automotive Systems Group. Other recent Dana traction technologies include the integrated front pan axle, the Hydra-Lok(TM) limited-slip differential, the TXT(TM) differential, and the Dual Advantage(TM) dual-disconnect system. Dana's Traction Technologies Group consists of 25 manufacturing, assembly, and research facilities in 16 countries. The group encompasses a wide variety of traction-oriented solutions -- from individual components to the gearless technologies of tomorrow. Its operations span six continents and are strategically located to efficiently address the evolving demands of light- vehicle OEMs. The Traction Technologies Group is part of Dana's Automotive Systems Group, a leading provider of under-the-vehicle integration technologies for automotive manufacturers worldwide. The group offers advanced driveline design solutions, complete integrated systems engineering, and logistics, drawing upon nearly a century of expertise in the following products: Spicer(R) axles and driveshafts; GETRAG(R) differentials, PTUs, and transaxles; structures and chassis systems; Nakata(R) steering and suspension systems; FTE(R) brake and clutch actuation systems; TTC and Tremec(R) transmissions; and all-wheel driveline systems engineering from Drive-Tek(TM), a Dana/GKN joint venture. 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
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