Dana Corporation to Debut Automotive Technologies in China at Auto Shanghai 2005
21 April 2005 - 3:00AM
PR Newswire (US)
Dana Corporation to Debut Automotive Technologies in China at Auto
Shanghai 2005 SHANGHAI, China, April 20 /PRNewswire-FirstCall/ --
Dana Corporation (NYSE:DCN) announced today that it will showcase
its full automotive product line for the first time in China at the
Auto Shanghai 2005 trade show, April 21-28. (Logo:
http://www.newscom.com/cgi-bin/prnh/19990903/DANA ) "To be
competitive in today's marketplace, automotive suppliers must
operate on a global level and provide products where needed. China
is a growing market where the demand for automotive technology has
advanced exponentially in recent years," said John Leech, vice
president for business development for Dana's Automotive Systems
Group. "China is a key growth market for Dana, and we are committed
partnering with the light- and heavy- duty vehicle makers alike."
Dana's full range of highly engineered products - including engine,
transmission, drivetrain, chassis, and vehicle architecture
technologies - will be displayed in Booth E2/D15 Shanghai New
International Expo Centre. For example, Dana's patented
transmission oil cooling systems feature a variety of flexible
designs and configurations to meet exact heat specifications,
packaging constraints, and anti-clogging requirements. Other Dana
products represented at the show include electronic "window"
gaskets, light-duty beam and banjo axles, one- and two-piece
driveshafts, light-duty engine cradles and modules, sealing
systems, fluid products, piston rings, engine bearings, heat
shields, cam covers, and mechanical pumps. "Dana is bringing more
than a century of automotive expertise, service, and innovation to
the Chinese automotive industry. Dana is a global company that
understands its customers' local needs," Leech said. "The future
will offer great opportunities in China, and Dana is prepared to
support the growth of this dynamic market." Dana's presence in
China includes the recently announced joint venture with Dongfeng
Motor Co. Ltd. Called Dongfeng Dana Axle Co. Ltd., the new
joint-venture company will support the regional market through
8,000 employees in three production facilities in Xiangfan and
Shiyan, as well as plans for a research and development center to
be established in Wuhan. Adding to Dana's footprint in China is ROC
Spicer, a facility that produces passenger-vehicle axle components
and driveshafts in Shenyang and another facility that manufactures
axles and differentials in Fujian. Dana is also a strategic partner
of GETRAG in China, and Dana's Wuxi facility produces axles for
off-highway and commercial vehicles, along with axles for lawn and
garden applications. Dana's representative office in Shanghai is
committed to supporting all of Dana's efforts in the area. Dana
people design and manufacture products for every major vehicle
producer in 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
every year. A leading supplier of axle, driveshaft, engine, frame,
chassis, and transmission technologies, Dana employs 46,000 people
in 28 countries. The company is based in Toledo, Ohio, and reported
sales of $9.1 billion in 2004. Dana's Internet address is
http://www.dana.com/ .
http://www.newscom.com/cgi-bin/prnh/19990903/DANA
http://photoarchive.ap.org/ DATASOURCE: Dana Corporation CONTACT:
Corporate, Gary Corrigan, +1-419-535-4813, or , or Product, Jeff
Cole, +1-419-887-3535, or , both of Dana Corporation Web site:
http://www.dana.com/ Company News On-Call:
http://www.prnewswire.com/comp/226839.html
Copyright
Dana (NYSE:DCN)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Dana (NYSE:DCN)
Historical Stock Chart
Von Jul 2023 bis Jul 2024