
<PAGE>   1

                                                                      Exhibit 24

                                POWER OF ATTORNEY

The undersigned directors and/or officers of Dana Corporation (the "Company")
hereby appoint Sue A. Griffin, Charles W. Hinde, Southwood J. Morcott, John S.
Simpson, and Martin J. Strobel, and each of them severally, as their true and
lawful attorneys-in-fact, (i) to execute, in their names and capacities as
directors and/or officers of the Company, one or more registration statements on
the appropriate forms (including Forms S-3, 8-A and under Rule 462), and all
exhibits, amendments and supplements thereto, to register the Common Stock and
Debt Securities (and any other securities which may be issuable upon the
exchange, conversion or redemption, if any, of the Debt Securities) of the
Company authorized for issuance pursuant to resolutions approved by the
Company's Board of Directors on October 20, 1997, and (ii) to file, in the name
and on behalf of the Company, such registration statements and any related
documents with the Securities and Exchange Commission (the "Commission") under
the Securities Act of 1933, as amended (the "Act") and/or the Securities
Exchange Act of 1934, as amended (the "Exchange Act").

This Power of Attorney automatically ends as to each appointee upon the
termination of his or her service with Dana.

In witness whereof, the undersigned have executed this instrument on October 20,
1997.

 /s/ B. F. Bailar                          /s/  R. B. Priory
-----------------                          -----------------      
B.F. Bailar                                R. B. Priory

/s/ E. M. Carpenter                        /s/ J. D. Stevenson
-------------------                        -------------------   
E. M. Carpenter                            J. D. Stevenson

/s/ E. Clark                               /s/ T. B. Sumner, Jr.
------------                               --------------------- 
E. Clark                                   T. B. Sumner, Jr.

/s/ G. H. Hiner                            /s/ S. A. Griffin
---------------                            -----------------      
G. H. Hiner                                S. A. Griffin

/s/ J. M. Magliochetti                     /s/  C. W. Hinde
----------------------                     ----------------      
J. M. Magliochetti                         C. W. Hinde

/s/ M. R. Marks                            /s/ J. S. Simpson
---------------                            -----------------      
M. R. Marks                                J. S. Simpson

/s/ S. J. Morcott                          /s/ M. J. Strobel
-----------------                          -----------------        
S. J. Morcott                              M. J. Strobel


                                    II-87
