Trends in Our Markets Actual (Units in thousands) Dana 2015 Outlook 2014 2013 2012 North America Light Truck (Full Frame) 3,750 to 3,850 3,820 3,632 3,464 Light Vehicle Engines 15,100 to 15,500 14,972 14,233 13,805 Medium Truck (Classes 5-7) 205 to 225 219 201 188 Heavy Truck (Class 8) 300 to 320 298 245 279 Agricultural Equipment 60 to 65 64 75 75 Construction/Mining Equipment 155 to 165 158 157 163 Europe (including Eastern Europe) Light Truck 7,600 to 7,900 7,736 7,276 6,905 Light Vehicle Engines 21,500 to 22,500 21,524 20,836 20,426 Medium/Heavy Truck 400 to 420 400 400 400 Agricultural Equipment 205 to 215 220 244 255 Construction/Mining Equipment 300 to 310 301 298 322 South America Light Truck 1,150 to 1,250 1,146 1,302 1,219 Light Vehicle Engines 3,100 to 3,300 3,190 3,775 3,644 Medium/Heavy Truck 150 to 160 160 218 172 Agricultural Equipment 40 to 45 43 54 48 Construction/Mining Equipment 15 to 20 17 20 19 Asia-Pacific Light Truck 22,300 to 23,300 22,187 20,515 18,672 Light Vehicle Engines 48,000 to 49,000 46,426 45,213 42,857 Medium/Heavy Truck 1,500 to 1,600 1,555 1,522 1,492 Agricultural Equipment 710 to 725 710 788 750 Construction/Mining Equipment 500 to 525 509 555 614 Global Vehicle Production North America Light vehicle markets  — Improving economic conditions during the past three years have contributed to increased light vehicle  sales and production levels in North America. Release of built-up demand to replace older vehicles, greater availability of  credit, stronger consumer confidence and other factors have combined to stimulate new vehicle sales. Light vehicle sales in  2014 increased about 6% from 2013, with sales that year being up 7% from 2012. Many of our programs are focused in the full  frame light truck segment. Sales in this segment were especially strong the past two years, being up about 8% in each of 2014  and 2013. Light vehicle production levels were reflective of the stronger vehicle sales. Production of approximately 17 million  light vehicles in 2014 was 5% higher than in 2013, matching the 5% higher production in 2013 over 2012. Light vehicle engine  production was similarly higher, up 5% in 2014 and 3% in 2013. In the key full frame light truck segment, production levels  increased about 5% in both 2014 and 2013. Days’ supply of total light vehicles in the U.S. at the end of December 2014 was  around 61 days, down slightly from 64 days at the end of 2013 and up slightly from 58 days at the end of 2012. In the full  frame light truck segment, an inventory level of 63 days at the end of 2014, compares favorably with 67 days at the end of 2013  and 65 days at the end of 2012. Looking ahead to 2015, we expect the North American markets will continue to be relatively strong. Reduced  unemployment levels and continued high consumer confidence are expected to provide a favorable economic climate, with low  fuel prices at the outset of 2015 also providing an additional stimulus. Our current outlook for 2015 light vehicle engine  production is 15.1 to 15.5 million units, a 1 to 4% increase over 2014, with full frame light truck production expected to be  about the same as in 2014.  Medium/heavy vehicle markets  — As with the light vehicle market, the commercial vehicle segment benefited from an  improving North America economy, leading to increased medium duty Classes 5-7 truck production the past three years.  After  increasing 7% in 2013, medium duty production increased another 9% in 2014. In the Class 8 segment, after increasing 9% in  16