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BWA BorgWarner Inc

34.51
1.33 (4.01%)
17 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
BorgWarner Inc NYSE:BWA NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  1.33 4.01% 34.51 34.62 33.04 33.26 2,367,614 00:20:00

BorgWarner Builds on Global Leadership in Air Pumps With New High-Flow Pump Technology

06/07/2006 9:15pm

PR Newswire (US)


BorgWarner (NYSE:BWA)
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AUBURN HILLS, Mich., July 6 /PRNewswire-FirstCall/ -- BorgWarner (NYSE:BWA) is developing new high-flow air pump technology designed to address its global customers' need to meet increasingly stringent industry standards for emissions and fuel economy. "As a worldwide market leader in air management systems, BorgWarner plays a significant role in our customers' ability to reduce vehicle cold-start hydrocarbons and meet super ultra-low emissions vehicle (SULEV) standards," said Roger Wood, President and General Manager, BorgWarner Turbo & Emissions Systems. The new BorgWarner high-flow air pump technology enables the replacement of dual-pump systems with a single, submersible, high-flow pump -- called 1000-T3. The benefits include reductions in cost, space, and weight, as well as enhanced energy conversion efficiency. The latter enables the pump to convert electric power into more flow and pressure. The pump also provides flexibility in engine and catalyst packaging. "Opportunities for product leadership in air management systems continue to increase, as stricter emissions regulations are adopted in North America, Europe, and Asia, and engines are redesigned for improved fuel consumption to meet these higher standards," Wood said. "At BorgWarner we address these challenges every day. We are well-positioned to make the most of these opportunities to help our customers succeed." Auburn Hills, Michigan-based BorgWarner Inc. (NYSE:BWA) is a product leader in highly engineered components and systems for vehicle powertrain applications worldwide. The FORTUNE 500 company operates manufacturing and technical facilities in 62 locations in 17 countries. Customers include Ford, VW/Audi, DaimlerChrysler, General Motors, Toyota, Renault/Nissan, Hyundai/Kia, Honda, BMW, Caterpillar, Navistar International, and Peugeot. The Internet address for BorgWarner is: http://www.borgwarner.com/ . Statements contained in this news release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current expectations, estimates and projections. Words such as "expects," "anticipates," "intends," "plans," "believes," "estimates," variations of such words and similar expressions are intended to identify such forward-looking statements. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond the control of the Company, that could cause actual results to differ materially from those expressed, projected or implied in or by the forward-looking statements. Such risks and uncertainties include: fluctuations in domestic or foreign automotive production, the continued use of outside suppliers by original equipment manufacturers, fluctuations in demand for vehicles containing the Company's products, general economic conditions, as well as other risks detailed in the Company's filings with the Securities and Exchange Commission, including the Risk Factors identified in the Form 10-K for the fiscal year ended December 31, 2005. The Company does not undertake any obligation to update any forward-looking statement. DATASOURCE: BorgWarner Inc. CONTACT: Beth Feikens of BorgWarner Inc., +1-248-754-0883 Web site: http://www.borgwarner.com/

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