Document 7Mwq86DMemeLaZVRVD26LbV0o
Dana Corporation
Page 64 of 176
Europe of $27. EFMG was the most affected SBU from net divestiture activity. EFMG 2002 sales were impacted by the September 2001 sale of the Glacier industrial polymer bearings business and, to a lesser degree the sale of the assets of its Dallas, Texas and Washington, Missouri operations in the second quarter of 2001. EFMG's organic growth of 3.3% in 2002 was realized in South America ($30), North America ($33) and Europe ($14). Organic growth resulted from a combination of higher year-over-year vehicle production levels (both light duty and commercial) and new business. EFMG sales in Asia Pacific declined by $7 in local markets.
HVTSG sales increased overall in 2002, which occurred in all regions, except South America which declined by $9. HVTSG sales in North America, Europe and Asia Pacific regions increased by $39, $11 and
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http://www.sec.gOv/Archives/edgar/data/26780/000095015204001384/105571ael0vk.htm
8/1/2004