Dana Corporation to Supply Fluid-Transfer Systems to Renault

Dana Corporation to Supply Fluid-Transfer Systems to Renault



BARCELONA, Spain, May 25  /PRNewswire-FirstCall/ -- Dana Corporation  announced
today that it has been selected to supply four different fluid-transfer systems
for a future Renault platform.  The total value of the contract is an estimated
$60 million.  The announcement was made at the 2004 Federation Internationale
des Societes d'Ingenieurs des Techniques de l'Automobile (FISITA) World
Automotive Conference here.

(Logo:  http://www.newscom.com/cgi-bin/prnh/19990903/DANA )

Over the duration of the multi-year agreement, Dana plans to provide fuel- line
systems, brake-vacuum lines with integrated return valves, complete windscreen
washing-line systems, and sunroof drain-hose systems.

Dana's facility in Barcelona, Spain, will provide the products for Renault
plants in Spain and France, while a Dana facility in Bursa, Turkey, will
produce components for Renault in that region of Europe.

"These will be the first Renault vehicles designed using the Renault- Nissan
Alliance New Product Quality Performance engineering procedure, and Dana is
proud to be a part of this important initiative," said Dana Chairman and CEO
Michael J. Burns.  "This agreement with Renault demonstrates Dana's global
commitment of improving the vehicle performance of our customers."

"We pride ourselves in being able to offer solutions that meet the specific
needs of our customers," said Mike Laisure, president of Dana's Automotive
Systems Group.  "For example, in support of Renault achieving a five-star
rating in the stringent European New Car Assessment Programme crash- testing
process, Dana designed the multi-layer plastic fuel lines to specifically avoid
kinking and rupturing."

Dana Corporation is a global leader in the design, engineering, and manufacture
of value-added products and systems for automotive, commercial, and off-highway
vehicles.  Delivering on a century of innovation, the company's continuing
operations employ approximately 45,000 people worldwide dedicated to advancing
the science of mobility.  Founded in 1904 and based in Toledo, Ohio, Dana
operates technology, manufacturing, and customer-service facilities in 30
countries.  Sales from continuing operations totaled $7.9 billion in 2003. 
Dana's Internet address is http://www.dana.com/ .

This release contains forward-looking statements within the meaning of the
Private Securities Litigation Reform Act of 1995.  These statements represent
Dana's expectations based on our current information and assumptions.
Forward-looking statements are inherently subject to risks and uncertainties.
Dana's actual results could differ materially from those expressed or implied
in such statements due to a number of factors, including the timing, size and
continuation of Renault's future programs and Renault's ability to achieve its
projected sales and production levels.  Dana does not undertake to update any
forward-looking statements contained in this release. 

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DATASOURCE: Dana Corporation



CONTACT:  Jeff Cole of Dana, [phone], or 



Web site:  http://www.dana.com/ 



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