MAUMEE, Ohio - Dana Holding Corporation (NYSE: DAN) announced today the launch of a new line of SVL(TM) drivetrain components for the automotive, commercial-vehicle, and off-highway aftermarkets.
Designed specifically for older (post-warranty) vehicles, SVL products offer quality replacement parts for vehicles with lower usage cycles.
"The drivetrain aftermarket demands a quality product option for applications that do not require genuine original-equipment performance specifications," said Bill Gryzenia, vice president and general manager of Dana's Aftermarket Group. "The SVL product line fulfills the market's need for durable performance and is fully validated by Dana's experienced engineering team."
The new SVL product line will initially launch in North America and feature universal joints for the light- and commercial-vehicle markets, and ring and pinion gear sets for heavy-duty applications. Shortly following the launch, Dana will begin offering SVL-branded light-duty axle components.
Additional components and regional availability will be determined based on market demand.
"Operators of older, less frequently used vehicles are seeking value pricing from a trusted source with consistent quality and reliability," Gryzenia said. "As an extension of Dana's current product offerings, SVL offers valuable driveline solutions that are affordable and delivered with the service and reliability our customers have come to expect."
The SVL line is now included in Dana's product listing and available for order through customer service representatives.
More information on SVL products can be found at www.svlparts.com.
About Dana Holding Corporation
Dana is a world leader in the supply of driveline products (axles and driveshafts), power technologies (sealing and thermal-management products), and genuine service parts for light and heavy manufacturers. The company's customer base includes virtually every major vehicle manufacturer in the global automotive, commercial vehicle, and off-highway markets. Based in Maumee, Ohio, the company employs approximately 22,500 people in 26 countries and projected 2010 sales of approximately $6.1 billion. For more information, please visit www.dana.com.
SOURCE Dana Holding Corporation
CONTACT: Jeff Cole, +1-419-887-3535, firstname.lastname@example.org
Web Site: www.dana.com