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Dana Corporation To Supply Axle Assemblies for Revolutionary Four-Wheel Steering System

    TOLEDO, Ohio, Feb. 22 Dana Corporation
announced today that its Spicer Light Axle Group has been selected to supply
rear axle assemblies to Delphi Automotive Systems for a
groundbreaking new four-wheel steering system.
    The axle assemblies are part of the revolutionary QUADRASTEER(TM) four-
wheel steering system for a General Motors truck program to begin in the 2002
model year.  The program will comprise the first four-wheel steering system
for a full-size truck product.
    QUADRASTEER(TM) by Delphi is an electronic four-wheel steering system that
significantly improves handling and maneuverability in full-size vehicles.
The unique four-wheel steering system electronically controls the direction of
the rear wheels, helping shorten the turning radius on full-size vehicles.
The smaller radius allows full-size vehicles to maneuver as adeptly as compact
cars.
    "This is a tremendously exciting new technology," said Bill Carroll,
president of Dana's Automotive System Group.  "We look forward to playing an
integral role in a system that we believe will provide unique value to the end
consumer."
    Dana's global automotive axle operations consist of more than 25
manufacturing, assembly, and research and development facilities in 16
countries.
    These operations are part of Dana's Automotive Systems Group, a leading
provider of under-the-vehicle integration technologies for automotive
manufacturers worldwide.  The group offers advanced driveline design
solutions, complete integrated systems engineering, and logistics. The group
draws upon a combined expertise in the following products:  Spicer(R) axles
and driveshafts; Getrag(R) transmissions, transaxles, PTUs and axles;
structures and chassis systems; Nakata(R) steering and suspension systems;
FTE(R) brake and clutch actuation systems; and Tremec(R) transmissions.
    Dana Corporation is one of the world's largest suppliers to vehicle
manufacturers and their related aftermarkets. Founded in 1904 and based in
Toledo, Ohio, the company operates some 300 major facilities in 35 countries
and employs more than 75,000 people.  The company reported sales of
$12.3 billion in 2000.  Dana's Internet address is http://www.dana.com .