This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Dana Debuts New Spicer® Rui Ma™ Line Of Robust Drivetrain Solutions Optimized For Chinese Off-Highway Market

Stocks in this article: DAN

SHANGHAI, Nov. 26, 2012 /PRNewswire/ -- Dana Holding Corporation (NYSE: DAN) today launched the Spicer ® Rui Ma™ brand for a new class of transmissions and axles made in China to provide a quality complement to Dana's flagship Spicer brand of technologically advanced drivetrain solutions.

Marketed in China as "Spicer锐马™," Spicer Rui Ma drivetrain solutions provide an optimized blend of product features, performance, dependability, and cost demanded by purchasers of the majority of construction and other off-highway vehicles manufactured in China today.

Developed and produced at Dana's manufacturing facility in Wuxi, Jiangsu Provence, China, Spicer Rui Ma transmissions and axles live up to the standards set by the Spicer brand for more than a century.  Spicer Rui Ma products are engineered to perform effectively throughout the entire life of the vehicle through Dana's considerable ongoing investment in research and development; comprehensive simulation, bench, and field testing; and exacting requirements for suppliers.

The initial Spicer Rui Ma solutions offered to Chinese OEMs include the Spicer TZL16 RM powershift transmission for ZL50 front-end loaders, the T08 RM transmission for six- to ten-tonne (6.5- to 11-ton) fork lift trucks, and the T39 RM tridem drive axle for five- and six-axle chassis concrete pump trucks and other heavy-duty vocational applications.  Dana will introduce additional Spicer Rui Ma transmissions and axles for the construction, mining, and material-handling industries in the coming months.

"Over our 20 years of collaborations with Chinese OEMs, Dana has developed a deep understanding of the unique demands of this market through our continually expanding product line and manufacturing footprint," said Aziz Aghili, president of Dana Off-Highway Driveline Technologies.  "Today's introduction of the Spicer Rui Ma series of drivetrain solutions is a significant advancement in our commitment to supporting all market segments, manufacturers, and end users in the region."

Spicer Rui Ma drivetrain solutions offer clear technological advantages over competitive products traditionally offered to the Chinese off-highway market by drawing from a complete portfolio of technologies that reduce vehicle downtime, extend the working life of vehicles, improve operator comfort, and increase overall productivity.  

Spicer Rui Ma is backed by Dana's growing network of engineering, sales support, and aftermarket parts and service teams in China, as well as Dana's global product service and support resources. Dana currently has nine facilities in China that employ more than 8,000 people, including those operations in which Dana holds a shared interest.

This summer, Dana announced the opening of a new aftermarket distribution center in Wuxi to increase product availability, improve delivery times, and provide additional support to its growing number of aftermarket customers.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs