MAUMEE, Ohio, July 18, 2013 /PRNewswire/ -- Dana Holding Corporation (NYSE: DAN), a global leader in the manufacture of efficient drivetrain technologies, has received the Best Supplier Award in the vehicle proprietary category from Mahindra & Mahindra Ltd., a leading producer of cars, utility vehicles, and commercial vehicles in India. This prestigious award recognizes Dana's superior technology, and exceptional overall performance in quality, delivery, and responsiveness.Dana's joint-venture facility in Chakan, India, supplies a range of Spicer ® axles and driveshafts to Mahindra & Mahindra vehicles, including the Mahindra Quanto, the company's first compact sport-utility vehicle. Dana's axles provide greater ground clearance, improved fuel efficiency, and added durability for India's diverse driving conditions.
"It is an honor to be recognized for our efforts in delivering market-tailored solutions to Mahindra & Mahindra," said Mark Wallace, president, Dana Light Vehicle Driveline Technologies. "Our organizations have worked together for more than a decade, and Dana will continue to deliver advanced, high-performing Spicer driveline technologies to the Indian market for decades to come."
The Mahindra & Mahindra Ltd. Supplier Awards were presented during the Annual Suppliers Meeting in Copenhagen, Denmark. The company honors suppliers across various categories, recognizing performance in quality, cost, product development, innovation, and business.
The Chakan facility is part of Spicer India Ltd., a joint venture between Dana and Anand Automotive Systems. Established in 1993, the joint venture manufactures axles and driveshafts, as well as genuine service parts, for the automotive and light-commercial-vehicle domestic and export markets.
About Dana Holding Corporation Dana is a world-leading supplier of driveline, sealing, and thermal-management technologies that improve the efficiency and performance of passenger, commercial, and off-highway vehicles with both conventional and alternative-energy powertrains. The company's global network of engineering, manufacturing, and distribution facilities provides original-equipment and aftermarket customers with local product and service support. Based in Maumee, Ohio, Dana employs more than 23,000 people in 26 countries and reported 2012 sales of $7.2 billion. For more information, please visit www.dana.com.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts