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Dana Corporation Chairman Encourages Collaboration in 2005 Automotive News World Congress Keynote Address TOLEDO, Ohio, Jan. 18 /PRNewswire-FirstCall/ -- Michael J. Burns, Chairman and CEO of Dana Corporation (NYSE:DCN), yesterday encouraged automotive suppliers and manufacturers to increase collaboration as a means of helping the industry realize its full potential. Mr. Burns made the remarks Monday evening during a kickoff address to global automotive industry leaders gathered for the 29th annual Automotive News World Congress in Dearborn, Mich. (Logo: http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) "Having resided on both sides of the customer-supplier relationship, I am convinced that a collaborative future is the only way we will ever realize our mutual potential," Mr. Burns said during the address. "This is arguably the most significant industry in the world," he added. "But this status does not afford us the luxury of simply plodding ahead and doing things 'the way we've always done it.' The challenges we face today mean we must drive harder, be more efficient, more capable, and add more value. But even more fundamental is the need to work together." Mr. Burns added, "The operative question is, 'Are we better off working individually - essentially representing our own interests - or working together on important issues and benefiting from the strength of the world's most significant industry?' I believe the answer is clear. We must work together." Mr. Burns' remarks were delivered at the Hyatt Regency Dearborn, site of this year's Automotive News World Congress. Mr. Burns and Chrysler Group President and CEO Dieter Zetsche served as co-keynote speakers at the conference. 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 employs 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. http://www.newscom.com/cgi-bin/prnh/19990903/DANA http://photoarchive.ap.org/ DATASOURCE: Dana Corporation CONTACT Gary Corrigan of Dana Corporation, +1-419-535-4813, or Web site: http://www.dana.com/ Company News On-Call: http://www.prnewswire.com/comp/226839.html

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