Based on its recent analysis of the commercial vehicle drivelines market, Frost & Sullivan recognizes Dana Holding Corporation with the 2011 North American Frost & Sullivan Technology Innovation Award for its Spicer Diamond™ Series driveshaft. This innovative driveshaft realizes the weight advantages of aluminum through a unique welding process that can join a tough aluminum tube with steel u-joints. The resulting component is up to 100 pounds lighter than a traditional two-piece steel assembly and offers improvements in noise, vibration and harshness (NVH) characteristics.
"Even a slight reduction in component weight can translate to thousands of dollars of savings in fuel consumption while allowing fleets to increase their payload and consequently their return on investment," says Frost & Sullivan industry analyst Kumar Saha. "Delivering a driveline component that marries lightness with strength, Dana has pioneered a driveline technology that offers significant value to OEM and fleet customers, particularly for weight sensitive applications."
Driveline packaging space has become a key consideration for truck manufacturers as more and more components are added to a vehicle to meet efficiency regulations. The one-piece design of the Diamond Series driveshaft addresses this challenge by bringing down the overall part count from three joint connections to two and by eliminating the center bearing. These modifications can also potentially reduce the cost of installing the product.
Further, the new manufacturing process enables Dana to improve upon the recent enhancements introduced to its Spicer Life (SPL) Series® Universal Joints. These heavy duty SPL u-joints feature a higher power density design that extends products life and improves serviceability in a lightweight and compact package. Now, with the added advantage of the aluminum tube, the resultant product can further help truck OEMs meet the growing torque requirements of engines as well as pass on the weight savings to fleets, increasing ROI for operators.
"As fleet operating budgets get tighter, there is increased pressure on truck OEMs to deliver vehicles that are affordable, resilient, and lighter. Dana's innovative product makes it easier for OEMs to find the weight savings they require to add other necessary components to their trucks," notes Mr. Saha.
The company also offers extensive support to its customers in reviewing their target applications and planned duty cycles before selecting their driveline components. This approach makes it easier for the end user to understand their requirements and maximize the value out of Dana's products.
In short, Dana's unique manufacturing process, as exemplified by the Spicer Diamond Series driveshaft, is highly relevant to the trucking industry that is struggling with impending fuel-efficiency and safety regulations as well as financial stress. By delivering a product that addresses some of the critical concerns of today's trucking industry, and by anticipating the demands of the future, Dana has reinforced its leadership in the driveline and axle industry. In recognition, Frost & Sullivan is proud to present it with the 2011 North American Frost & Sullivan Technology Innovation Award.
Each year, Frost & Sullivan presents this award to the company that has demonstrated uniqueness in developing a technology, which significantly impacts both the functionality and the customer value of new products and applications. The award lauds the relevance of the innovation to the industry.
Frost & Sullivan's Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.
About Dana Holding Corporation
Dana (dana.com) is a world leader in the supply of driveline products (axles, driveshafts, and transmissions), power technologies (sealing and thermal-management products), and genuine service parts for light- and heavy-duty vehicle manufacturers. The company's customer base includes nearly 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 reported 2010 sales of $6.1 billion.
About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.