DETROIT – Dana Corp. and Emerson Motor Co. announce Oct. 21 at Convergence that the two companies have reached an agreement in principle to jointly develop “advanced actuator systems” for electrically driven automotive power-steering systems. Dana's Chuck Heine Chuck Heine, Dana’s president of technology development & diversified products, says the new joint venture – Dana Emerson Actuator Systems – already has secured $500 million in OE and Tier 1 new-business commitments. ...

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