Dana Holding Corporation Develops AdvanTEK(R) Axle for High-Torque Commercial-Vehicle Applications

HANNOVER, Germany, September 21, 2010 - Dana Holding Corporation (NYSE: DAN) announced today that it will be
introducing its Spicer(R) AdvanTEK(R) Model 250 in a banjo-style beam-axle
design for the light-commercial-vehicle market at the IAA Commercial Vehicle
Expo in Hannover, Germany, which runs through Sept. 30. Dana will be located
in Hall 17, Booth B27.

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Dana's high-performance AdvanTEK axles, which provide best-in-class
noise, vibration, and harshness (NVH) performance while offering durability
and reliability, can now further assist vehicle manufacturers in meeting fuel
efficiency requirements by delivering higher power density in a smaller,
lighter axle.

Developed for use in light commercial vehicles with Gross Vehicle Weight
Ratings (GVWR) of 3.5 to 6 tons, the banjo-style axle serves as an
alternative to conventional Salisbury designs for robust, high load-carrying
applications and is particularly suited for emerging markets. Composed of
upper and lower durable steel pressings that are welded together to form the
beam assembly, the banjo axle is manufactured using Dana's proprietary
processes.

The AdvanTEK M250 banjo-style beam axle also offers increased efficiency
and fuel economy due to the use of reduced hypoid gear offsets and the latest
bearing technology.

Additional benefits of AdvanTEK technology can include improved ground
clearance and suspension alignment, which are especially useful in
light-commercial-vehicle applications, as well as pickup truck and
sport-utility vehicles.

"As market demands shift to accommodate consumer expectations and
government regulations, our focus remains on providing innovative,
cost-effective technology for today's vehicles," said Aziz Aghili, president,
Dana Europe. "This AdvanTEK banjo-style axle is a prime example of Dana's
enhanced product offerings - delivering high-performance, fuel-efficient
solutions globally."

Applications for Independent Rear Suspensions

Dana will also be exhibiting an AdvanTEK final drive unit that is
applicable for light-commercial vehicles with independent rear suspensions.

In this configuration, the AdvanTEK Model 220 utilizes an aluminum
housing, in place of cast iron, and offers improved gear geometry designed
specifically for the new housing. Both contribute to a reduction in the
overall weight of the vehicle. Durability and performance improvements are
achieved through higher gear power density and by replacing the pinion tail
bearing, which has been changed from a taper roller bearing to a double
angular contact ball bearing.

"The axle also offers class-leading NVH, improved fuel economy, and the
traditional Spicer durability and reliability that customers have come to
expect," Aghili added.

About the 63rd IAA Commercial Vehicles Expo

The IAA Commercial Vehicles Expo is the most established and longest
running commercial vehicle trade fair for mobility, transportation, and
logistics around the world. Held bi-annually in Hannover, Germany by the
German Association of the Automotive Industry (VDA), the theme for this
year's conference is "Commercial vehicles: efficient, flexible,
future-proof."

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 22,000 people in 26 countries
and reported 2009 sales of US$5.2 billion. For more information, please visit
www.dana.com.

Jeff Cole, +1-419-887-3535, jeff.cole at dana.com