Chuck D. Cost Quotations

We have to guide growth into areas where we have planned infrastructure, or the individual developer has to kick in the cost to provide the infrastructure.

We are confident that the M80 Stiletto's design is superior to all other existing technologies. Nothing else is out there that can achieve the qualities important to brown water vessels at a relatively low cost with short design and production cycles.

We're very concerned about the total cost of the project, but we're also very concerned the existing structure is in very poor condition.

You take the population of vehicles in the field (A) and multiply it by the probable rate of failure (B), then multiply the result by the average out-of-court settlement (C).A times B times C equals X. This is what it will cost if we don't initiate a recall.If X is greater than the cost of a recall, we recall all the cars and no one gets hurt.If X is less than the cost of a recall, then we don't recall.

This action is part of Dana's continued effort to improve cost competitiveness throughout its operations. The company expects to achieve this reduction predominantly through normal retirements and attrition.