TOLEDO, Ohio, Oct. 29 /PRNewswire-FirstCall/ -- Dana Holding Corporation
(NYSE: DAN) will showcase advanced products and technologies at the fifth
International Suppliers Fair (IZB) in Wolfsburg, Germany, Oct. 29-31, 2008.
(Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA )
This year IZB has selected India as its partner country, highlighting the
significance of this emerging market in today's automotive industry.
Dana has had a presence in India since the 1960s, and a highlight of the
Dana display at IZB will be a number of Dana products produced in India,
including the rear axle and propshaft designed for Tata Motors' crossover
vehicles and pickups. One of Dana's joint-venture partners, the Anand Group,
will also exhibit in the Indian Pavilion.
"This year's IZB gives us the unique opportunity to showcase our product
technology, while at the same time highlighting our capabilities in India,"
said Dana Chief Executive Officer Gary Convis. "Dana recognized the importance
of the India market many years ago, and we are well positioned as a supplier
to its expanding vehicle manufacturing industry."
Dana currently employs nearly 2,000 people at 12 facilities and technology
centers in 10 cities in India. Dana and its joint venture affiliates operate
state-of-the-art manufacturing facilities, supplying product to customers such
as Ashok Leyland, Mahindra & Mahindra, and Tata Motors Limited. The
operations include:
-- Spicer India Limited, a majority-interest joint venture with the Anand
Automotive Systems established in 1993. The company manufactures axles,
propshafts, and related components for the automotive and light-commercial-
vehicle domestic and export markets;
-- Dana India Technical Centre, a world-class drivetrain research and
development facility in Pune;
-- Axles India Ltd., a minority-interest joint venture with the TVS Group
and Sundaram Finance that was acquired by Dana in the late 1990s. Axles India
provides axle housings to Dana for its commercial-vehicle axle operations, as
well as various Indian OEMs;
-- Dana India Private Ltd., a wholly owned operation in Pune that
manufactures axles for the off-highway market; and
-- Victor Reinz India Ltd., a joint venture with the Jayant Group for the
manufacture of Victor Reinz(R) sealing products in India. The facility will
begin production of multi-layer steel cylinder-head gaskets, secondary
gaskets, and heat shields for its Indian automotive customers in the first
quarter of 2009.
Exhibiting at Hall 4 Stand 310, other Dana products on display will
include:
-- Spicer(R) AdvanTEK(R) axles for front and rear applications, improving
torque density; noise, vibration and harshness (NVH); and energy efficiency.
-- Spicer Life Series(R) propshafts for commercial and light vehicles - a
series of propshafts that feature lighter weight components and improved
durability and NVH performance.
-- Long(R) thermal-management products, featuring oil coolers and heat
exchangers that help improve fuel economy, emissions, and assist in extending
the life of a vehicle's engine, transmission, and cooling system.
-- Victor Reinz(R) high-performance cylinder-head and exhaust gaskets and
heat-shields providing superior thermal and acoustical performance.
-- Parish(R) structural products, including the full-perimeter frame
produced by Dana for the Chevrolet Corvette Z06, which features a number of
innovative technologies contributing to weight reduction and structural
integrity.
About Dana Holding 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 manufacturer in the global automotive, commercial vehicle, and off-
highway markets, which collectively produce more than 70 million vehicles
annually. Founded in 1904 and based in Toledo, Ohio, the company employs
approximately 32,000 people in 26 countries. In 2007, Dana reported sales of
$8.7 billion. For more information, please visit www.dana.com.
