MAUMEE, Ohio – Dana Holding Corp. is among the winners of the 2011 Shareholder Value Awards jointly presented by PricewaterhouseCoopers LLP (PWC) and Automotive News. Dana earned top honors for three-year total shareholder return among global parts suppliers. The company's long-term shareholder return growth of 1,541.9 percent outperformed the 114.15 percent for the overall sector during the past three years, according to Automotive News and PWC.
 
"We are greatly honored to be recognized for achieving the best three-year shareholder return among global part suppliers," said Dana President and CEO Roger Wood. "We have implemented operating efficiencies, dramatically increased quality metrics, and simultaneously decreased warranty expenses, all of which have significantly contributed to the value creation capability of the company."
 
Presented last week at the annual Automotive News World Congress Gala Dinner, Wood accepted the award on behalf of "all the front line team members who contributed to the company's efforts over the past three years."
 
"I am confident that our movement from survival a few years back to our current technology-driven profitable growth strategy will allow us to stay focused on delivering greater shareholder value in the coming years," he said.
 
Presented annually, these awards recognize the highest total shareholder return for global vehicle manufacturers and parts suppliers and U.S. retail distributors over one- and three-year periods. The awards are based on a calculation of Total Shareholder Return as determined by PWC's Shareholder Value Index, which measures the value of $100 invested in a stock and compares relative returns generated by different companies and industry segments. The index takes into account increases and decreases in a company's share price, dividends, share buy backs, and new share issues.