News From the Auto Industry

DURA Automotive Wins General Motors Glass Contract

DURA Automotive is the #1 North American supplier of manual and power sliding rear windows for the truck and sport-utility vehicle (SUV) market. DURA produces sliding window systems for the Dodge Dakota, Dodge Ram, Ford F150, Ford Sport-Trac, Nissan Frontier and Chevrolet Colorado pickup trucks.

“We’re pleased to expand our GM partnership. Significantly, this window contract gives DURA’s Glass Division Tier 1 status with GM,” said Larry Denton, president and chief executive officer, DURA Automotive Systems. “The program further strengthens our market leadership in rear-sliding windows. It also exemplifies our growing ability to offer best-in-class products through superior prices and technology.”

About DURA Automotive Systems

DURA Automotive Systems, Inc., is the world’s largest independent designer and manufacturer of driver control systems and a leading global supplier of seating control systems, engineered assemblies, structural door modules and integrated glass systems for the global automotive industry. The company is also a leading supplier of similar products to the North American recreation vehicle and mass transit market. DURA sells its automotive products to every North American, Japanese and European original equipment manufacturer (OEM) and many leading Tier 1 automotive suppliers. DURA is headquartered in Rochester Hills, Mich. Information about DURA and its products is available on the Internet at www.duraauto.com.

DURA Automotive Systems, Inc. (Nasdaq:DRRA) today announced it has been awarded a contract from General Motors Corp. (GM) to provide rear-sliding windows for GM’s current North American line of full-size pickup trucks, including the Chevrolet Silverado and GMC Sierra. Production is slated to begin in July 2003.