Supplier Continues 66-Year History with Vehicle
TOLEDO, Ohio, March 20 /PRNewswire-FirstCall/ -- Dana Corporation
announced today that it is supplying Spicer(R) front and rear axles and
Spicer Life Series(R) front and rear propshafts to the Chrysler Group for
the new 2007 Jeep(R) Wrangler. The enhanced axles and Spicer Life Series
propshafts are designed to reduce noise, vibration, and harshness (NVH),
while the propshafts also help to improve crash performance.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
Dana has provided axles and propshafts continuously for the Jeep
Wrangler since the Willys MA was first introduced in 1941. The supply
arrangement is believed to be the longest in the automotive industry.
"Dana is pleased to extend its historic relationship with this vehicle
by providing enhanced axles and new propshaft technology for the new 2007
Jeep Wrangler," said Michael J. Burns, Dana chairman and CEO. "By working
closely with the Chrysler Group, we have been able to reduce component
complexity while providing drivers with advanced drivetrain technology."
Dana provides front and rear steel propshafts for both the standard and
extended-wheelbase versions of the Wrangler. The front propshafts feature
staked-and-centered cardan universal joints, which improve refinement -
resulting in an enhanced high-speed dynamic performance.
The propshafts on both the standard and extended-wheelbase versions
feature a splined-tube design, which allows for additional plunge beyond a
straight-tube design. The manufacturing technology ensures precise
component orientation, which substantially improves propshaft balance
characteristics.
The enhanced Spicer front and rear axles are balanced for improved NVH
characteristics. The rear axles are available with an optional Spicer Trac-
Lok(R) limited slip differential.
The new 2007 Jeep Wrangler also features a Victor Reinz(R)
cylinder-head cover assembly on the 2.4L engine and exhaust manifold
gaskets on the 4.0L Power Tech 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's
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:
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, jeff.cole@dana.com
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