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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
 QOaP2rnRofNHWB27dcHFdqTzJB0XDecGVGnL1kKyDhruQWYMNqu8CzHPuzUbGe47
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<SEC-DOCUMENT>0000891092-08-004531.txt : 20080912
<SEC-HEADER>0000891092-08-004531.hdr.sgml : 20080912
<ACCEPTANCE-DATETIME>20080912161219
ACCESSION NUMBER:		0000891092-08-004531
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20080910
FILED AS OF DATE:		20080912
DATE AS OF CHANGE:		20080912

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DANA HOLDING CORP
		CENTRAL INDEX KEY:			0000026780
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTOR VEHICLE PARTS & ACCESSORIES [3714]
		IRS NUMBER:				261531856
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4500 DORR ST
		CITY:			TOLEDO
		STATE:			OH
		ZIP:			43615
		BUSINESS PHONE:		419-535-4500

	MAIL ADDRESS:	
		STREET 1:		PO BOX 1000
		CITY:			TOLEDO
		STATE:			OH
		ZIP:			43697

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DANA CORP
		DATE OF NAME CHANGE:	19920703

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Silver Point Capital L.P.
		CENTRAL INDEX KEY:			0001332784
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-01063
		FILM NUMBER:		081069612

	BUSINESS ADDRESS:	
		STREET 1:		TWO GREENWICH PLAZA, FIRST PLAZA
		CITY:			GREENWICH
		STATE:			CT
		ZIP:			06830
		BUSINESS PHONE:		(203) 542-4000

	MAIL ADDRESS:	
		STREET 1:		TWO GREENWICH PLAZA, FIRST PLAZA
		CITY:			GREENWICH
		STATE:			CT
		ZIP:			06830
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>e32915_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-09-10</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0000026780</issuerCik>
        <issuerName>DANA HOLDING CORP</issuerName>
        <issuerTradingSymbol>DAN</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001332784</rptOwnerCik>
            <rptOwnerName>Silver Point Capital L.P.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>TWO GREENWICH PLAZA, FIRST FLOOR</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>GREENWICH</rptOwnerCity>
            <rptOwnerState>CT</rptOwnerState>
            <rptOwnerZipCode>06830</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-09-10</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>38193</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>8209236</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2008-09-11</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>J</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
                <footnoteId id="F1"/>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>19514</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>8228750</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Silver Point Capital, L.P. (&quot;Silver Point&quot;) acquired the securities reported herein, consisting of an aggregate of 57,707
 shares (the &quot;Shares&quot;) of Common Stock (&quot;Common Stock&quot;) of Dana Holding Corp. (the &quot;Issuer&quot;), in good faith in connection
 with debts of the Issuer previously contracted.  Specifically, in connection with the Issuer's reorganization under Chapter
 11 of the United States Bankruptcy Code, Silver Point received the Shares in satisfaction of certain trade claims which were
 acquired by Silver Point prior to (a) the acquisition of the Shares and (b) Silver Point becoming a holder of greater than
 10% of the Issuer's issued and outstanding Common Stock.</footnote>
        <footnote id="F2">The 8,228,750 shares of Common Stock reported consists of (a) the Shares, (b) 134,004 shares of Common Stock previously
 reported on Form 4, filed by Silver Point on September 2, 2008, (c) 473,501 shares of Common Stock previously reported on
 Form 4, filed by Silver Point on August 28, 2008, and (d) 7,563,538 shares of Common Stock previously reported on Form 3,
 filed by Silver Point on June 10, 2008.  In addition, Silver Point also holds 774,614 shares of Convertible Preferred Stock
 of the Issuer, convertible into 5,872,737 shares of Common Stock, previously reported on Form 3, filed by Silver Point on
 June 10, 2008.</footnote>
        <footnote id="F3">Silver Point is the investment manager of Silver Point Capital Fund, L.P. and Silver Point Capital Offshore Fund, Ltd. (the
 &quot;Funds&quot;) and, by reason of such status, may be deemed to be the beneficial owner of all of the reported securities held by
 the Funds.  Silver Point Capital Management, LLC (&quot;Management&quot;) is the general partner of Silver Point and as a result may
 be deemed to be the beneficial owner of all securities held by the Funds.  Messrs. Edward A. Mule and Robert J. O'Shea are
 each members of Management and as a result may be deemed to be the beneficial owner of all of the securities held by the
 Funds.  Silver Point, Management and Messrs. Mule and O'Shea disclaim beneficial ownership of the reported securities held
 by the Funds except to the extent of their pecuniary interests.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Frederick H. Fogel</signatureName>
        <signatureDate>2008-09-12</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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