TOLEDO, Ohio, Jan. 23 /PRNewswire-FirstCall/ -- Dana Corporation
announced today that it has begun supplying Spicer(R) drivetrain products -
including front and rear propshafts and front suspension modules - to
Chrysler Group for the 2007 Dodge Nitro.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
"Dana is pleased to provide these core technologies for such an
exciting vehicle - the all-new 2007 Dodge Nitro," said Michael J. Burns,
Dana chairman and CEO. "Through this modules program, we are able to
increase customer throughput and reduce part complexity."
Dana's Spicer(R) Life Series(R) front and rear propshafts reduce noise,
vibration, and harshness and help to improve crash performance. The steel
front propshaft utilizes magnetic-arc welding and staked-and-centered
cardan universal joints. The friction-welded aluminum rear propshaft
features a splined-tube design and includes staked-and-centered cardan
universal joints at both ends.
The welding technologies ensure precise component orientation,
substantially improving initial propshaft balance characteristics. Staked-
and-centered universal joints eliminate unwanted looseness and provide a
smoother, high-speed dynamic performance.
The launch of Spicer Life Series propshafts in an automotive platform
represents a global extension of this product line from Dana's commercial-
vehicle product offering. Within the next year, Dana plans to offer Spicer
Life Series propshafts to four automotive customers in six countries
(Australia, Mexico, Spain, Thailand, United Kingdom, and the United States)
on four continents.
The front suspension modules feature Dana's Spicer(R) axle technology
and will be assembled at Dana's Toledo, Ohio, facility.
The front modules for the 2007 Dodge Nitro are assembled in various
configurations - two-wheel or all-wheel drive, gasoline or diesel - and are
line-sequenced, along with dressed rear axles and Dana's front and rear
propshafts, for just-in-time delivery. Chrysler Group receives one part
number representing components from 19 suppliers.
The modules are assembled within a one-minute cycle time to meet the
just- in-time delivery requirements based on schedules that are
communicated to Dana's Lean ERP system from the Chrysler Group plant just
one mile away.
In addition to these drivetrain products, Dana also supplies exhaust-
manifold gaskets, bushings, and washers for the standard 4.0-liter engine
and cylinder-head cover assemblies and top and second compression rings for
the 2007 Dodge Nitro's optional 3.7-liter engine.
About Dana Corporation
Dana is a leading supplier of drivetrain, chassis, structural, and
engine technologies. Dana people design and manufacture products for every
major vehicle and engine producer in the world. Based in Toledo, Ohio, with
operations throughout the world, Dana is focused on being an essential
partner to automotive, commercial, and off-highway vehicle customers, which
collectively produce more than 60 million vehicles annually. The company's
continuing operations reported sales of $8.6 billion in 2005. Dana'
Internet address is 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.
SOURCE Dana Corporation
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Related links:
http://www.dana.com/
Photo Notes:
NewsCom: http://www.newscom.com/cgi-bin/prnh/19990903/DANA
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
http://www.prnewswire.com/comp/226839.html /
CONTACT:
Jeff Cole of Dana Corporation,
+1-419-887-3535, or jeff.cole@dana.com
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