Dana Corporation Supplying Propshafts, Axles for Nissan Vehicles

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Dana Corporation (NYSE: DCN) announced today that it has begun supplying propshafts for Nissan’s 2005 Pathfinder and Xterra sport-utility vehicles and Frontier pick- up trucks. The Frontier and Xterra will also feature Dana rear axles. Each of the vehicles will be displayed at the 2005 North American International Auto Show in Detroit.

Dana’s propshafts are featured on both the two- and four-wheel-drive versions of the Pathfinder, Frontier, and Xterra vehicles. Dana and its subsidiary operations are also supplying rear axle assemblies with standard differentials for the Frontier and Xterra two- and four-wheel-drive vehicles. Design enhancements have improved the durability of the axle, while increasing its torque limits.

“We’re delighted to supply Nissan with durable, high-quality driveline technologies,” said Michael J. Burns, Dana chairman and CEO. “These products help satisfy the high level of performance Nissan truck owners have come to expect.”

“Nissan has extremely high standards for the technology powering this new generation of vehicles,” said Mike Laisure, president of Dana’s Automotive Systems Group. “Dana provided complete design, testing, prototyping, and development support to ensure our products meet those standards.”

From the early development phase to production, Dana worked with Nissan engineers to ensure the propshafts and axles delivered improvements in the areas of noise, vibration, and harshness.

Dana Corporation is a global leader in the design, engineering, and manufacture of value-added products and systems for automotive, commercial, and off-highway vehicles. Delivering on a century of innovation, the company’s continuing operations employ approximately 45,000 people worldwide dedicated to advancing the science of mobility. Founded in 1904 and based in Toledo, Ohio, Dana operates technology, manufacturing, and customer-service facilities in 30 countries. Sales from continuing operations totaled $7.9 billion in 2003.