Dana Holding Corporation Introduces Lightest Weight Driveshaft Available for Commercial Truck Market

Proprietary manufacturing process reduces weight, lowers part count, improves performance

HANNOVER, Germany, September 21, 2010 - Dana Holding Corporation (NYSE: DAN) announced today that it has
developed a revolutionary technology for manufacturing lightweight, one-piece
aluminum driveshafts for the commercial truck market.

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The Spicer(R) Diamond(TM) Series driveshaft weighs 40 percent less than
traditional two-piece steel driveshafts and features fewer parts in many
applications, as well as reduced noise, vibration, harshness (NVH) - all with
the industry-proven durability of Spicer Life Series(R) and Spicer(R)
Compact(TM) Series universal-joint designs.

Dana is the first to combine steel end fittings with a single-piece,
high-strength aluminum tube, replacing the traditional all-steel, two-section
driveshaft. This proprietary manufacturing process delivers a more robust
driveshaft with significantly lower weight - up to 32 kilograms (70 pounds).
The manufacturing process for the Spicer Diamond driveshafts was perfected by
Dana at its technology center in Maumee, Ohio.

"Dana engineers innovate based on customer need and marketplace
evolution, creating products and processes that deliver value, ingenuity, and
performance," said Dana Chief Technical and Quality Officer George Constand.
"The Spicer Diamond Series driveshaft is a prime example of this, offering
our customers the compelling combination of a robust and reduced-weight
driveline solution that is also environmentally friendly."

Designed for heavy-duty commercial trucks using 2.3- to 3.0-meter (7.5-
to 10-feet) two-piece steel driveshafts, the Spicer Diamond Series driveshaft
improves vehicle efficiency while reducing installation costs through the
elimination of the center bearing; and reducing part count from three joint
connections to two.

The use of high-strength aluminum offers resistance to corrosion and
improved appearance. The one-piece design - without the center bearing and
one universal joint - reduces component wear. There are environmental
benefits, as well, because tube painting and the metal inert gas (MIG)
welding processes are eliminated.

See this innovative commercial-vehicle application, and other
technologies from Dana, at the IAA Commercial Vehicle Expo (Hall 17, Booth
B27) in Hannover, Germany, through Sept. 30, 2010.

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