Vehicle Earns 2007 European Car of the Year
TOLEDO, Ohio, Jan. 25 /PRNewswire-FirstCall/ -- Dana Corporation
announced today that it is providing important engine content for the 2007
European Car of the Year, the new Ford S-MAX. Contributions to the Ford
S-MAX include Dana's innovative thermal-acoustic protective shielding
(TAPS) for the vehicle's exhaust system.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
The S-MAX won the European Car of the Year award after receiving
nominations from 57 of the 58 award judges on a panel composed of
journalists and industry experts from 22 European countries. The trophy was
presented this week during a ceremony in Amsterdam.
"We congratulate Ford on earning European Car of the Year, and we are
proud to supply technology that helped make the Ford S-MAX an award
winner," said Dana Chairman and CEO Mike Burns. "Dana is a global leader in
thermal- acoustic protective shields. Our advanced design helps insulate
vehicle components from heat and noise generated by the engine and exhaust
system."
Dana's form-fitted thermal-acoustic protective shielding incorporates a
center layer of material that performs two important functions. Insulating
characteristics provide superior thermal performance for the life of the
vehicle, while damping properties contribute to improved NVH performance
and increased durability. The fully hemmed edge of the shield eliminates
sharp edges, secures the insulating and damping properties, and prevents
resonate edge noise from occurring. Dana's innovative design also saves
valuable under-hood space by closely fitting to the contours of the engine.
TAPS is manufactured at Dana facilities in Canada, Germany, Brazil, and
Japan. Dana has been supplying a variety of multi-layer TAPS to several
OEMs in Europe for more than 15 years.
About the European Car of the Year Award
The European Car of the Year is an international award judged by a
panel of senior motoring journalists across Europe. The European Car of the
Year Organizing Committee is made up of managers from the seven prominent
European publications that take turns organizing the vote, publicizing and
promoting the contest, and hosting the award ceremony. The seven automotive
publications that organize the European Car of the Year Award include Auto
(Italy), Autocar (United Kingdom), Autopista (Spain), Autovisie (The
Netherlands), L'Automobile Magazine (France), Stern (Germany), and Vi
Bilagare (Sweden).
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
http://www.dana.com/reorganization
Photo Notes:http://www.newscom.com/cgi-bin/prnh/19990903/DANA
AP Archive: http://photoarchive.ap.org
PRN Photo Desk, photodesk@prnewswire.com
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CONTACT:
Paul Burman of Dana, +44 1788 538601, or
paul.burman@dana.com
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