UNION CITY, Ind. — Autocar, LLC, today announced that it has purchased the former Dana manufacturing plant in Hagerstown, Indiana for Autocar ‘s new world headquarters and truck manufacturing facility.

The facility will accommodate Autocar’s assembly equipment and its’ newly purchased operating systems. Limited pilot production will start in the second quarter of 2003 with full production scheduled to begin no later than July 2003 – which is in line with the company’s previously published plans.

“This is a day truly worth celebrating,” says Bob Enright, president of Autocar. “Our Autocar management team has worked very hard to locate a world-class production facility that will meet our long-term manufacturing needs and accommodate our aggressive growth plans. Hagerstown, which was one of several potential sites, clearly meets our criteria.”

Bob Atkins, Autocar’s general manager, says every part of the selection process was focused on ensuring that we meet that commitment. For example, he says, the site is strategically located in proximity to our partner suppliers and will greatly expedite our inbound and outbound logistics process. And being just 30 minutes from our sister companies will allow us to take full advantage of synergies that can help us deliver even more value to our customers.

For the name and location of Autocar sales managers and dealers, or for more information about Autocar products and services, call 877-973-3486 or visit: www.autocartruck.com/.