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Dana Awarded Long-Term Agreement to Supply Spicer® Axles for Blue Bird Buses Already Equipped with Spicer Drive

MAUMEE, Ohio, Oct. 4, 2011 /PRNewswire/ -- Dana Holding Corporation (NYSE: DAN) has entered into a long-term agreement with Blue Bird Corporation to supply Spicer® drive axles for Blue Bird buses.

Blue Bird is a respected leader in the school bus market and manufactures school and activity buses in a variety of options and configurations.

The buses are now equipped with Spicer 21,000 and 23,000 lb. GAWR single reduction axles, which feature proven performance and innovative high power density in lightweight designs. Dana has long supplied Spicer driveshafts for Blue Bird buses.

"As a key supplier of best-in-class driveline technologies to specialty markets, Dana's combination of operating footprint, economies of scale, and engineering support makes it the ideal choice to supply axles for Blue Bird," said Mark Wallace, Dana's president of On-Highway Driveline Technologies.

Blue Bird Chief Operating Officer John Kwapis said, "Dana has been Blue Bird's driveshaft supplier for many years. The sales and engineering support we have received from Dana has exceeded our expectations. We are excited about our continued relationship."

About Dana Holding Corporation
Dana is a world leader in the supply of driveline products (axles, driveshafts, and transmissions), power technologies (sealing and thermal-management products), and genuine service parts for light- and heavy-duty vehicle manufacturers. The company's customer base includes nearly every major vehicle manufacturer in the global automotive, commercial vehicle, and off-highway markets. Based in Maumee, Ohio, the company employs approximately 24,000 people in 26 countries and reported 2010 sales of $6.1 billion. For more information, please visit www.dana.com.

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