No, all the panard rod does is moves the axle to the left or the right of the car, depending on whether you shorten or lengthen it! Basically if the right wheel is sitting closer to the arch than the left when its sitting on the floor, you can move it across so that they both sit closer to the center or more evenly spaced to the arches. If the geo is setup properly the rear axle will be centered against the front wheels but this may not necessarily mean its centered looks wise but is better for handling purposes ;) The camber, toe never changes on the rear of our cars without a lot of work!