Dana Corporation Supplying Propshafts, Thermal Technology for New Nissan Rogue Crossover Vehicle

TOLEDO, Ohio, Aug. 8 /PRNewswire-FirstCall/ -- Dana Corporation announced today that it is supplying propshafts and auxiliary transmission oil coolers for the new Nissan Rogue crossover vehicle.

(Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA )

"Dana is proud of its affiliation with Nissan, which today ranks as one of our largest automotive customers," said Michael J. Burns, Dana chairman and CEO. "Through collaboration with Nissan engineers, we are able to deliver advanced drivetrain and thermal management technology for the Rogue."

Propshafts

From its drivetrain products portfolio, Dana is providing its Spicer Life Series® propshaft, a class-leading product that improves noise, vibration, and harshness(NVH) performance. The propshaft incorporates staked-and-centered cardan universal joints, which provide enhanced high-speed dynamic performance.

Dana utilizes a pressure-welding process with shielding gas to manufacture the propshafts. Advantages include an extremely quick and highly reproducible process with high-precision joining accuracy.

Thermal Management

In addition, the vehicle will be equipped with Dana's Long® brand auxiliary transmission oil cooler, which contributes to improved durability by keeping the transmission fluid at optimal temperature and helps improve overall fuel economy. The cooler features an integrated thermal bypass valve, which accelerates transmission warm-up from cold-start.

"As a world leader in transmission oil cooling, we have been able to combine multiple functions - oil cooling along with temperature and pressure control - into one cooler module, which increases transmission and packaging efficiency," said Bob Fesenmyer, president of business development for Dana. "We are proud to be growing our business with a customer such as Nissan and on a vehicle segment that is realizing rapid growth in the market."

About Dana Corporation

Dana is a world leader in the supply of axles; driveshafts; and structural, sealing, and thermal-management products; as well as genuine service parts. The company's customer base includes virtually every major vehicle and engine manufacturer in the global automotive, commercial vehicle, and off-highway markets, which collectively produce more than 65 million vehicles annually. Based in Toledo, Ohio, the company's continuing operations employ approximately 35,000 people in 28 countries and reported 2006 sales of $8.5 billion, with more than half of this revenue derived from outside the United States. For more information, please visit http://www.dana.com/.

Dana and certain of its U.S. subsidiaries are operating under Chapter 11 of the U.S. Bankruptcy Code as debtors in possession. Information about the bankruptcy proceedings can be found at http://www.dana.com/reorganization. While Dana continues its reorganization under Chapter 11, investments in its securities are highly speculative. Although shares of Dana common stock continue to trade on the OTC Bulletin Board (OTCBB) under the symbol "DCNAQ," the trading prices of the shares may have little or no relationship to the actual recovery, if any, by the holders under any eventual court-approved reorganization plan. The opportunity for any recovery by holders of Dana common stock under such reorganization plan is uncertain and shares of Dana common stock may be cancelled without any compensation pursuant to such plan.

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SOURCE: Dana Corporation

CONTACT: Jeff Cole of Dana Corporation, +1-419-887-3535,
jeff.cole@dana.com

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

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