BMW Chooses Dana to Supply Drive Units

Oct 9, 2001

    TOLEDO, Ohio, Oct. 9 /PRNewswire/ -- Dana Corporation (NYSE: DCN)
announced today that it has been selected by BMW Group as an intended
production supplier of axle components for a future BMW vehicle platform.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
    Dana plans to support BMW with the design and production of front and rear
differentials for the program, which will be based in the United States.  The
selection adds to Dana's increasing business with North American transplant
manufacturers.
    The systems will include a variety of features for high quality,
performance, and durability, including low-transmission-error drive gears;
luxury-car-type bearing diameters; low-backlash dimensional control; and
vehicle-correlated end-of-line noise testing.
    "We are tremendously excited by this new opportunity to leverage the
expertise of our Traction Technologies Group in support of a premium customer
like BMW," said Joe Magliochetti, Dana chairman and CEO.  "This is an
exciting, innovative vehicle platform, and we are delighted to be a part of
it."
    "It is always good news when one of the world's most prestigious vehicle
manufacturers recognizes your quality and technology by choosing you as its
supplier-partner," said Bill Carroll, president of Dana's Automotive Systems
Group.  "But it's even more rewarding knowing that we were selected after
going head-to-head with other suppliers in a comprehensive and competitive
review process.
    "By becoming a global partner with our customers, we are able to offer
them the many resources and technological advances expected from a global
engineering and technology leader," he added.
    The drive units will be produced by Dana's Traction Technologies Group,
which 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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