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New Spicer® Aluminum Driveshafts are Trucking Industry’s Lightest

(March 31, 2011)

LOUISVILLE, Ky. – Utilizing a new proprietary manufacturing process, Dana Holding Corporation (NYSE: DAN) has introduced a new series of lightweight, one-piece aluminum driveshafts for the commercial truck market. The Spicer® Diamond™ Series driveshaft weighs 40 percent less than traditional two-piece steel driveshafts, has fewer parts, and helps reduce in problems associated with noise, vibration and harshness (NVH).

“Dana engineers provide innovations based on customer need and marketplace evolution, creating products and processes that deliver value, ingenuity, and performance,” said George Constand, chief technical and quality officer for Dana. “The Spicer Diamond Series driveshaft is a prime example of this, offering our customers the compelling combination of a robust and reduced-weight driveline solution that is also environmentally friendly.”

Constand added that Dana is the first manufacturer to combine steel end fittings with a single-piece, high-strength aluminum tube, replacing the traditional all-steel, two-piece driveshaft. The manufacturing process delivers a more robust driveshaft with significantly lower weight – up to 100 pounds when compared with traditional two-piece assembly systems. The new driveshafts also include the use of industry-proven Spicer Life Series® and Spicer® Compact™ Series universal joints.

Designed for heavy-duty commercial trucks using two-piece steel driveshafts of 7.5 to 10 feet, the Spicer Diamond Series driveshafts reduce installation costs through the elimination of the center bearing and by reducing part count from three joint connections to two. Environmental benefits result from the elimination of painting and the metal inert gas welding process.

The one-piece design – without the center bearing and one universal joint – improves vehicle efficiency by reducing component wear, and the use of high-strength aluminum offers resistance to corrosion and improved appearance.

Spicer Diamond Series driveshafts will be commercially available late in the fourth quarter of 2011.

For more information on Spicer drivehafts and other Roadranger® products and services, visit www.roadranger.com, where the latest product information is available, as well as service, parts and training assistance, 24 hours a day. Experts are available in the Roadranger Call Center by dialing 1-800-826-HELP (4357) in the U.S. and Canada. In Mexico, dial 01-800-826-4357.

Roadranger is a marketing alliance of Dana Holding Corporation, Eaton Corporation and other trusted partners, providing a complete line of drivetrain components, systems, lubricants, safety products and service tools, including manual and automatic transmissions, hybrid power systems, clutches, driveshafts, steer and drive axles, brakes, tire pressure management systems and collision warning systems with adaptive cruise control. Truck makers, dealers, owners and service providers are supported by the Roadranger support team – providing specification assistance, training, service, parts and warranty expertise throughout North America.

Eaton Corporation is a diversified power management company with 2009 sales of $11.9 billion. Eaton is a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton has approximately 70,000 employees and sells products to customers in more than 150 countries. For more information, visit www.eaton.com.
About Dana Holding Corporation

Dana is a world leader in the supply of driveline products (axles and driveshafts), power technologies (sealing and thermal-management products), and genuine service parts for light and heavy manufacturers. The company’s customer base includes virtually every major vehicle manufacturer in the global automotive, commercial vehicle, and off-highway markets. Based in Maumee, Ohio, the company employs approximately 22,500 people in the 26 countries and reported 2010 sales of $6.1 billion. For more information, visit www.dana.com.

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