Dana Corporation, Mack Trucks Announce Long-Term Axle Agreement

Jun 9, 1998

    TOLEDO, Ohio, June 9 /PRNewswire/ -- Dana Corporation (NYSE: DCN) and Mack
Trucks, Inc., today jointly announced a long-term supplier agreement.  The
agreement establishes Dana as the original equipment supplier of its Spicer(R)
Eaton(R) brand drive and steer axles for all current and future versions of
the Mack CH chassis, and any new on-highway, heavy-duty chassis produced
during the life of the agreement.  Mack will offer its own proprietary on-
highway heavy-duty axles as an option, and other non-standard Spicer(R)
Eaton(R) branded axles available to Mack customers will be positioned as
"preferred supplier options." Specific terms of the agreement were not
disclosed.
    "We are proud that Mack has selected Dana as their partner in this segment
of the market," said Rick Clayton, vice president of Dana's Heavy Truck
Components Group.  "We will continue to provide Mack with axles that are
consistent with the highest quality standards in the heavy-duty truck
industry."
    The agreement is exclusive to Mack's Class 8, on-highway trucks.  Mack
proprietary axles will continue to be standard on the company's vocational
market vehicles.  Paul L. Vikner, Mack executive vice president - sales and
marketing, said, "We will continue to invest in, and improve upon our products
for this market segment.  Mack vocational axles are the benchmark for all
others.
    "In developing our sales, marketing, and service strategies for the heavy-
duty truck marketplace, our priority has always been to offer our customers
the very best product, and the most advanced technology available for their
needs," Vikner added.  "This relationship with Dana is an example of that
commitment."
    Vikner said warranty coverage for the supplied axles remains among the
industry's best -- three years or 300,000 miles for basic coverage, with an
extended warranty available from Dana to purchasers of Mack vehicles with
Spicer(R) Eaton(R) axles.
    Dedicated to quality, reliability, and total customer satisfaction, Mack
Trucks, Inc. has provided innovative, forward-thinking products and services
to its customers worldwide for more nearly a century.  Mack is one of North
America's largest producers of heavy-duty trucks, in addition to major truck
components.  The company also markets a line of medium-duty diesel trucks
throughout North America.  Mack vehicles are sold and serviced in more than
65 countries worldwide.
    Dana Corporation, headquartered in Toledo, Ohio, is a global leader in the
engineering, manufacture, and distribution of products and systems for the
automotive, heavy truck, off-highway, engine, and industrial markets.  Dana's
Heavy Truck Components Group engineers, and produces strategic components,
modules, and systems for the world's on-highway medium- and heavy- truck
manufacturers.  Dana purchased Eaton Corporation's global heavy axle and brake
business last year.  Customer sales and service will be provided by the Eaton
Roadranger(R) organization through a strategic marketing agreement between
Dana Corporation and Eaton Truck Components.


SOURCE Dana Corporation

Web Site: http://www.dana.com

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