Dana Will Supply Piston Rings for First Engine of Renault-Nissan Alliance
Feb 1, 2001
POISSY, France, Feb. 1 /PRNewswire/ -- Dana Corporation's (NYSE: DCN) Perfect Circle Europe Division has been chosen to be a pilot supplier for Renault-Nissan's first diesel engine. (Photo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) The engine is part of the first common platform for the Nissan Micra, scheduled to begin production in the second half of 2002, and the Renault Clio, with production planned for 2003. Perfect Circle Europe was chosen for its outstanding achievement in several areas, including quality, cost and delivery, technological innovation in piston rings, and meeting ambitious reliability objectives set by the engineers of Renault and Nissan. "This business illustrates Perfect Circle Europe's commitment to continued excellence and Dana's global presence as a supplier to the new Renault-Nissan group," said Daniel Moody, vice president of engine products for Dana's Engine Systems Group. "It also reflects the benefits of our innovation and technology in the automotive market," Moody said. Dana Engine Systems Group provides components, modules, and complete systems solutions to engine builders worldwide. The group's product lines include Victor Reinz(R) gaskets and sealing products, Perfect Circle(R) piston rings and engine parts, Glacier(R) Vandervell engine bearings, and powertrain components manufactured by Dana's Plumley Division. Dana Corporation is one of the world's largest independent suppliers to vehicle manufacturers and the aftermarket. Founded in 1904 and based in Toledo, Ohio, the company operates some 320 major facilities in 32 countries and employs more than 75,000 people. The company reported sales of $13.2 billion in 1999. Dana's Internet address is http://www.dana.com .
SOURCE Dana Corporation
Web Site: http://www.dana.com
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