Dana Holding Corporation
) lightweight Spicer axles with AdvanTEK gears have found their
way into Mahindra & Mahindra Ltd.'s new line of Indian
sport-utility vehicles and small trucks. The production of Spicer
axles for Mahindra is expected to start in mid 2015.
Spicer axles with AdvanTEK gears have low hypoid offsets, which
increases efficiency and supports fuel economy. The axles are
equipped with the proprietary assembly technology of Dana. In
addition, the tough and lightweight nature of the axles helps
deliver better power density and superior control of noise,
vibration and roughness.
The axles will be produced by Spicer India Ltd in a facility
located in Chakan, India. Spicer India is a joint venture of Dana
and Anand Automotive Systems. The joint venture supplies axles,
drivetrain products, and genuine service parts to original
equipment manufacturers and aftermarket customers in India.
This product of Dana will fulfill Mahindra's need for an
efficient and lightweight product for its vehicles. Dana was
bestowed the Best Supplier status in the vehicle proprietary
category by Mahindra in 2012.
The award was given for its good quality products and timely
delivery and for its support in developing rear and front axles
for the Quanto. Mahindra's Xylo is also equipped with
Dana's Spicer rear axles with AdvanTEK gear.
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Over the last 20 years, Dana has supported major automakers with
its products including axles and driveshafts. Major customers of
Ford Motor Co.
Nissan Motor Co. Ltd.
Tata Motors Ltd
Maumee, OH-based Dana is one of the world's leading suppliers of
driveline, sealing, and thermal technologies, which enhances the
productivity and performance of passenger, commercial and highway
vehicles. Dana currently carries a Zacks Rank #3 (Hold).