TOLEDO, Ohio, Aug. 8 /PRNewswire-FirstCall/ -- Dana Corporation
announced today that it is supplying propshafts and auxiliary transmission
oil coolers for the new Nissan Rogue crossover vehicle.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
"Dana is proud of its affiliation with Nissan, which today ranks as one
of our largest automotive customers," said Michael J. Burns, Dana chairman
and CEO. "Through collaboration with Nissan engineers, we are able to
deliver advanced drivetrain and thermal management technology for the
Rogue."
Propshafts
From its drivetrain products portfolio, Dana is providing its Spicer
Life Series(R) propshaft, a class-leading product that improves noise,
vibration, and harshness(NVH) performance. The propshaft incorporates
staked-and-centered cardan universal joints, which provide enhanced
high-speed dynamic performance.
Dana utilizes a pressure-welding process with shielding gas to
manufacture the propshafts. Advantages include an extremely quick and
highly reproducible process with high-precision joining accuracy.
Thermal Management
In addition, the vehicle will be equipped with Dana's Long(R) brand
auxiliary transmission oil cooler, which contributes to improved durability
by keeping the transmission fluid at optimal temperature and helps improve
overall fuel economy. The cooler features an integrated thermal bypass
valve, which accelerates transmission warm-up from cold-start.
"As a world leader in transmission oil cooling, we have been able to
combine multiple functions - oil cooling along with temperature and
pressure control - into one cooler module, which increases transmission and
packaging efficiency," said Bob Fesenmyer, president of business
development for Dana. "We are proud to be growing our business with a
customer such as Nissan and on a vehicle segment that is realizing rapid
growth in the market."
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.
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, jeff.cole@dana.com
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