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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