This Day On The Street
Continue to site
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

Dana's Spicer® AdvanTEK® 40 Tandem Axle Named 2014 Automotive News PACE Award Finalist

MAUMEE, Ohio, Oct. 14, 2013 /PRNewswire/ -- Dana Holding Corporation (NYSE: DAN) announced today that its Spicer ® AdvanTEK ® 40 tandem axle has been selected as a finalist for the 2014 Automotive News PACE Awards, marking the third consecutive year a Dana technology has been so honored.

The PACE Awards are the automotive industry's premier award recognizing suppliers for superior innovation, technological advancement, and business performance.  Dana's AdvanTEK 40 Tandem Axle was selected among 34 finalists for the awards.

This all-new 40,000-lb. tandem axle for a variety of Class 8 applications features market-leading design solutions that increase fuel economy, improve reliability, reduce vehicle weight, and decrease total ownership costs.

Compared with competitive tandem-axle offerings, the Spicer AdvanTEK 40 axle delivers operating savings through a powerful combination of features including the industry's fastest axle ratio of 2.26:1, lower axle weight, optimum inter-axle driveline angles, and reduced lubrication quantity.

"Delivering market-based innovation has been the foundation of our business," said Pat D'Eramo, president, Dana Commercial Vehicle Technologies. "Our engineers continue to develop innovative solutions that enable our customers to meet the highest demands for power, efficiency, and fuel economy. The PACE Awards recognize the highest levels of innovation, and we are honored to be selected among an impressive group of breakthrough technologies."

In 2013, Dana earned a PACE Award for its innovative Spicer ® Diamond Series™ driveshaft, an industry-first, one-piece driveshaft that combines aluminum and steel to reduce weight by up to 40 percent.  In 2012, Dana received the Automotive News PACE Innovative Partnership Award with Ford Motor Co. for its Long ® active and passive warm-up units, which improve fuel efficiency by up to 4 percent.

Dana has received four PACE Awards since the program's inception, including the inaugural year.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
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!
SYM TRADE IT LAST %CHG

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs