Dana Corporation Executive to Participate in SAE Blue-Ribbon Panel on Automotive Alliances

    TOLEDO, Ohio, March 5 Dana Corporation
Automotive Systems Group President Bill Carroll will participate in a Society
of Automotive Engineers (SAE) Blue-Ribbon Panel today addressing alliances
within the automotive industry.  The panel, which will focus on the theme of
"Succeeding at the Alliance Game," is scheduled to convene from 4 to 5:30 p.m.
today in Room W1-51 at Cobo Center in Detroit, Mich.
    Mr. Carroll will share insights gained from Dana's recent alliances with
GETRAG Cie, a manufacturer of axles and other automotive components; and GKN
plc, with which Dana has joined to form Drive-Tek Limited, a joint venture
focused on the design of advanced driveline systems.  Mr. Carroll led the Dana
team in the establishment of both alliances and oversees their implementation
as a member of their respective advisory boards.
    "Alliances represent a critical area of focus at Dana and across our
industry," Mr. Carroll said.  "We believe strategic alliances are enabling
Dana and its partners to leverage cooperation and expand their capabilities
with less investment.
    "The ultimate goal here is to find innovative, highly efficient ways to
meet the full scope of services required by our customers," he added.
"Strategic alliances are a key element of this effort."
    Joining Mr. Carroll on the SAE panel will be panel organizer Arvin
Mueller, SAE general chairperson and group vice president, GM Powertrain;
moderator David Cole, director of the Center for Automotive Research,
Environmental Research Institute of Michigan; and co-panelists Dick Brass,
vice president, technology development, Microsoft Corporation; Rudolph
Schlais, Jr., group vice president, General Motors, president, General Motors
Asia Pacific Ltd.; Guy Hachey, vice president, Delphi Automotive Systems,
president, Delphi Energy & Chassis Systems; and J. Ferron, automotive
consulting leader, PriceWaterhouseCoopers.
    Each panelist will deliver a brief presentation followed by an open
discussion with audience participation.  The discussion is expected to
encompass issues such as asset management, cost efficiency, technology, and
market access.
    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 .