Dana Rolling Chassis System Named Finalist for 1999 Pace Awards
Nov 10, 1998
TOLEDO, Ohio, Nov. 10 /PRNewswire/ -- Dana Corporation (NYSE: DCN) announced today that it has been selected as a finalist for the 1999 Automotive News PACE(TM) Award for its innovative Rolling Chassis(TM) vehicular module system. The Rolling Chassis system is the most complex module ever supplied to an original equipment manufacturer for a light-duty vehicle application. It incorporates more than 200 components from 66 suppliers and includes the frame, front and rear axles, driveshaft, suspension, steering system, brakes, fuel tank, electrical circuits, wheels, and tires. The module system is used by Chrysler Corporation in Campo Largo, Brazil, for the Dodge Dakota pickup truck and accounts for some 25 percent of the finished vehicle. Along with providing many of the components in the system, Dana provides overall program management, including worldwide logistics, engineering change management, warranty administration, and Tier II scheduling and development. This has reduced Chrysler's plant investment, inventory investment, number of suppliers to manage, and time to market. "It's a true honor for the Rolling Chassis system to be selected as a finalist for this prestigious award," said Mike Laisure, vice president of Dana's Modules & Systems Group. "In the last four years, the PACE awards have recognized Dana divisions six times for their individual components or manufacturing processes. This time, the committee has acknowledged a combination of excellent componentry and innovative process management." Dana's Spicer Driveshaft Division and former transmission division are previous recipients of the award, which was first presented in 1995. Additionally, Dana's Parish Light Vehicle Structures Division was twice honored as a finalist, the Spicer Heavy Axle and Brake Division was named a finalist in 1996, and Dana's Plumley Division was honored as a finalist in 1998. Co-sponsored by Automotive News and Ernst & Young LLP, the PACE (Premier Automotive suppliers' Contributions to Excellence) Awards recognize automotive suppliers of all sizes for innovative product, manufacturing, and service achievements. Winners of the 1999 award will be announced Feb. 28 at an awards ceremony at the Henry Ford Museum in Dearborn, Mich. Part of Dana's Automotive Systems strategic business unit, the Modules & Systems Group coordinates Dana's light- and medium-duty global modular activity, which involves 10 facilities in seven nations. This activity includes current projects with major original equipment manufacturers such as Chrysler, Daimler-Benz AG, Fiat Auto Argentina S.A., Ford Motor Company, General Motors Corporation, Mack Trucks Inc., Toyota Motor Corporation, Volkswagen A.G., and A.B. Volvo. One of the world's largest independent suppliers to vehicular, off- highway, and industrial manufacturers and their related aftermarkets, Dana Corporation produces components and systems for use on more than 95 percent of the world's 670 million motor vehicles. Founded in 1904 and based in Toledo, Ohio, the company employs 79,000 people at 293 manufacturing and 97 distribution facilities in 33 countries. The company had pro forma sales of $11.9 billion in 1997. Dana's Internet address is http://www.dana.com.