Tier I auto suppliers offering lighter components to OEMs

Apr 03, 2013 | 11:13 AM | Corinna Petry

Tags  lightweighting, vehicle components, Dana Holding, Roger Wood, Magna International, Donald Walker, steel, aluminum fuel economy

CHICAGO — Lightweighting has become a governing trend in vehicle design, and Tier I auto suppliers are doing all they can to supply vehicle manufacturers with lightweight solutions.

Two such suppliers, Maumee, Ohio-based Dana Holding Corp. and Aurora, Ontario-based Magna International Inc., discussed their commitment during Bank of America Merrill Lynch & Co. Inc.’s 2013 New York Auto Summit

Dana, which makes axles, driveshafts, transmissions, sealing and thermal management technologies, now produces a Diamond Series driveshaft that "takes a huge amount of weight out of a typical commercial vehicle and is now being applied in the light vehicle segment," president and chief executive officer Roger Wood said at the summit.....

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