Dana to Supply Rear Drive Systems to Ford in Australia

Dec 15, 1999

    TOLEDO, Ohio, Dec. 15 /PRNewswire/ -- Dana Corporation (NYSE: DCN)
announced today that its subsidiary Dana Australia Pty. Ltd. has been selected
to design and supply independent rear suspension drive systems for a future
Ford Motor Company vehicle.  The systems and vehicles will be produced in
Australia.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
    "This project is an excellent opportunity to capitalize on several of
Dana's strengths," said Bill Carroll, president of Dana's Automotive Systems
Group.  "We have significant design and development responsibility, and an
opportunity to combine our systems integration expertise, to meet increased
speed-to-market needs for our customer."
    In addition to the development responsibilities mentioned, Dana will also
be responsible for managing the supply chain in areas such as supplier
selection, logistics, engineering, testing, and validation.
    "This project allows us to expand our capabilities upstream and add value
throughout the process," said Mike Laisure, vice president of Dana's Modules
and Systems Group.  "It is an excellent opportunity to build on our expertise
as a systems integrator, and to demonstrate the value of Dana's component
technology and experience."
    Dana's Automotive Systems Group provides under-the-vehicle products and
integrated modules and systems to customers anywhere in the world.  The
Automotive Systems Group consists of Spicer(R) axle products, Spicer(R)
driveshaft products, Parish(R) structural products, Nakata(R) steering and
suspension products, FTE(R) Automotive brake and clutch systems, and a systems
engineering integration and logistics unit.
    Dana Corporation is one of the world's largest independent suppliers to
vehicle manufacturers and their related aftermarkets.  Founded in 1904 and
based in Toledo, Ohio, the company operates some 330 major facilities in 32
countries and employs more than 86,000 people.  The company reported sales of
$12.5 billion in 1998.  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
Company News On Call: Company News On-Call:
http://www.prnewswire.com/comp/226839.html or fax, 800-758-5804,
ext. 226839


print Print   email Email      rss RSS