Genuine Dana Axles to be Offered to Independent Aftermarket Channels

MAUMEE, Ohio, Oct. 31, 2011 /PRNewswire/ -- Dana Holding Corporation (NYSE: DAN) announced today that it plans to launch an all-new program, making genuine Dana drive and steer axles available to the entire aftermarket.

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These crate axles extend from spindle end to spindle end and include the full carrier, housing, and gearing.

Designed to provide reliable and durable axles to the light-vehicle and specialty-product markets, these universal axles are ideally suited for off-road, racing, street rod, and industrial vehicles.  Dana's new program will offer genuine Dana 30, 44, 60, 70, and 80 model axles, manufactured with Spicer® components, for a variety of ratios.

"Due to today's growing demand for quality axles and gearing, Dana is now offering its axles to the entire aftermarket," said Bill Gryzenia, vice president and general manager, Dana Aftermarket.  "Our customers require dependable and strong axles, and by fulfilling demand for the aftermarket they're able to enjoy the superior performance made possible by Dana products."

"Until now, many consumers looking for Dana axles were limited to remanufactured units or those found in the salvage marketplace, where genuine Spicer components could not be guaranteed," Gryzenia added.  "We are pleased to be able to fill that void, and make these axles available to the entire aftermarket."

Dana's crate axles will be on display at the 2011 Specialty Equipment Manufacturing Association (SEMA) Show, Nov. 1-4, at the Las Vegas Convention Center in booth number 37125.  Dana engineers and technical experts will be available for product discussion.  In addition, Dana will feature tear down and build demonstrations on Tuesday, Wednesday, and Thursday at 10 a.m. and 2 p.m.

The new Dana crate axle line will be available through a specialized distributer network. Visit www.crateaxle.com for full details.

About Dana Holding Corporation

Dana is a world leader in the supply of driveline products (axles and driveshafts), power technologies (sealing and thermal-management products), and genuine service parts for light and heavy manufacturers.  The company's customer base includes virtually every major vehicle manufacturer in the global automotive, commercial vehicle, and off-highway markets.  Based in Maumee, Ohio, the company employs approximately 24,000 people in 26 countries and reported 2010 sales of approximately $6.1 billion.  For more information, please visit www.dana.com.

SOURCE Dana Holding Corporation