Dana Corporation Supplying Drivetrain, Engine Products for New Polaris Ranger RZR Utility Vehicle

Sep 27, 2007

TOLEDO, Ohio, Sept. 27 /PRNewswire-FirstCall/ -- Dana Corporation announced today that it has begun supplying Spicer® transmission assemblies, Spicer® driveshafts, Victor Reinz® gaskets, and Long® radiators for the newly released Polaris Ranger RZR trail-capable, side-by-side vehicle.

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

Designed to appeal to a wide variety of riders, including trail riders, hunters, and sport enthusiasts, the Ranger RZR was recognized as the "Best of Class" side-by-side vehicle by ATV Magazine.

"Dana is pleased to expand its relationship with Polaris, a company known for excitement and innovation, and support the launch of the Ranger RZR," said Glenn Richardson, Dana's vice president and general manager of Off-Highway Systems - Americas & Asia Pacific. "Developing drivetrain and engine products that met the performance criteria and space limitations of the Ranger RZR was both a challenge and great opportunity for our engineering teams."

The Ranger RZR boasts a true all-wheel-drive (AWD) system that automatically engages when the rider needs more forward traction and automatically reverts back to two-wheel drive when AWD is no longer needed. This system includes Spicer transmission assemblies produced at Dana's Fredericktown, Ohio, facility. These assemblies include:

  -- A rear non-differentiating axle that continuously provides torque to
     both rear wheels for trail conditions;
  -- A five-position - park, reverse, neutral, forward low, and forward high
     - transmission, which utilizes a unique, Dana-patented inline shifting
     mechanism; and
  -- A transfer case that provides power to the front axle.

The transmission and transfer case incorporate all helical gearing, and the rear axle uses an automotive-style hypoid gear set that provides smooth power flow. A combination of ball, needle roller, and tapered bearings are used throughout the drivetrain assembly. All housings are aluminum to provide a lightweight package.

The drivetrain incorporates electrical devices - a gear indicator switch for gear selection annunciation and a ground speed sensor.

Spicer driveshafts for the Ranger RZR are produced at Dana's facility in Itzia-Deba, Spain.

Powered by a liquid-cooled, even-firing Polaris Big Bore 800 Twin EFI engine, the Ranger RZR is the fastest accelerating side-by-side with the highest horsepower in its class - accelerating to 35 miles per hour (mph) in four seconds and topping out at 55 mph.

Helping to cool the engine are all-aluminum Long CT-Series radiators produced at Dana's Cambridge, Ontario, plant. Sealing the high-performance engine are several Victor Reinz products including:

  -- Multi-layer steel cylinder-head gaskets and single-layer steel base
     gaskets produced in Milwaukee, Wis.;
  -- Spring seats made in Avilla, Ind.; and
  -- Secondary soft gaskets made in Robinson, Ill.

  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: Chuck Hartlage of Dana Corporation, +1-419-535-4728,

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

Company News On-Call: http://www.prnewswire.com/comp/226839.html