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Annual Conference To Explore Bottom Line Profits Despite Competition And Retail Incentives

   WHAT:         29th annual Automotive News World Congress
                 "Your Growth Imperative: From Vision to Execution"

   WHEN:         Monday - Thursday, Jan. 17 - 20, 2005

   WHERE:        Hyatt Regency Hotel, Dearborn, Mich.

   HIGHLIGHTS:   The four-day agenda features:

                 * individual presentations by:
                    - Michael J. Burns, chairman, president and CEO, Dana
                      Corp. and Dieter Zetsche, president and CEO,
                      DaimlerChrysler Corp. (7:45 and 8:30 p.m.,
                      respectively, Mon., Jan. 17);
                    - Dr. Jeffrey Runge, administrator, National Highway
                      Traffic Safety Administration and Stephen Girsky,
                      managing director, Morgan Stanley (7:45 and 8:30 p.m.,
                      respectively, Tues., Jan. 18)
                    - Jim Padilla, CEO, Ford Motor Co. and Trevor Creed,
                      senior vice president - design, Chrysler Group (7:45
                      and 8:30 p.m., respectively, Wed., Jan. 19);
                    - leading automaker and supplier executives (9 a.m. -
                      12:30 p.m. Tues. and Wed., Jan. 18 - 19 - complete
                      speaker roster at www.autonews.com/2005worldcongress)

                 * afternoon panel presentations:
                    - F&I Profits: Making Money the Right Way and
                      Powertrains of the Future (2 - 4:30 p.m.
                      Tues., Jan. 18)
                    - From Vision to Execution: The Next Big Buzz and
                      Transforming Vehicle Development (2 - 4:30 p.m. Wed.,
                      Jan. 19)

                 * Tuesday, Jan. 18 dinner presentation of the Polk
                   Automotive Loyalty Awards (7:15 p.m.)

                 * Wednesday, Jan. 19 Gala Dinner program (7:15 p.m.):
                    - presentation of the BorgWarner Championship Driver's
                      Trophy to 2004 Indianapolis 500 winner Buddy Rice and
                      the BorgWarner Team Owner's Trophy to Rahal/Letterman
                      Racing; and
                    - presentation of the Automotive
                      News/PricewaterhouseCoopers Shareholder Value Awards.

   MEDIA CENTER:   A working media center will be available in the Knight
                   Room, 2nd floor, Hyatt Regency.  The center will be
                   staffed 3 - 10:30 p.m.  Jan. 17 and 7 a.m. -10:30 p.m.
                   Jan. 18 and 19.  Onsite media registration is available.

   CONTACT:        Pat Adanti-Joy, (586) 939-3429 (office) and
                   (313) 982-6920 (World Congress media center 1/17-1/19)

PRNewswire -- Jan. 17