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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 01:00:00

BorgWarner Dual-Clutch Technology Featured at Tokyo Auto Show on Nissan GT-R Sports Car

24/10/2007 12:55pm

PR Newswire (US)


BorgWarner (NYSE:BWA)
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AUBURN HILLS, Mich., Oct. 24 /PRNewswire-FirstCall/ -- BorgWarner's (NYSE:BWA) leading dual-clutch transmission technology is showcased at the Tokyo Auto Show on the 2008 Nissan GT-R sports car, dubbed the most eagerly anticipated car in a generation by the automotive press. (Photo: http://www.newscom.com/cgi-bin/prnh/20071024/CLW010 ) "The Nissan GT-R is a great driving machine and one that is a superb platform for experiencing the full range of dual-clutch transmission efficiency, responsiveness, and versatility," said Dr. Bernd Matthes, President and General Manager, BorgWarner Transmission Systems. "We feel privileged to have worked with Nissan on this milestone vehicle, the first GT-R engineered for sale in global markets. This is another key event in the globalization of dual-clutch transmissions, launching BorgWarner's DualTronic(R) technology in a Japanese transmission for the first time. It is also the world's first transaxle dual-clutch transmission -- front engine and rear transmission -- the perfect balance for sports cars." BorgWarner worked with Nissan on the design of the dual-clutch transmission for the GT-R to create a driving experience fitting for a premier sports car. Standard equipment on all GT-Rs, the transmission is a rear transaxle layout, chosen to enhance weight distribution. The transmission features four of BorgWarner's advanced DualTronic(R) transmission technologies including the integrated dual-clutch module, clutch control and shift actuation modules, and synchronizer assemblies. The sports car will go on sale in Japan in December and be available in other markets including the U.S. next year. BorgWarner leads the globalization of dual-clutch transmission technology with awarded business in Europe, North America and Asia. Customers include VW, Audi, Bugatti, SAIC, Nissan and Getrag dual-clutch transmission programs with five additional global automakers. At full-launch of announced programs, the company will be providing its innovative DualTronic(R) technology to an expected 2.3 million dual-clutch transmissions per year. In addition, BorgWarner is working on over 20 programs with transmission and vehicle makers around the world. BorgWarner's family of DualTronic(R) dual-clutch transmission technology combines the efficiency of a manual gearbox with the functionality of a fully automatic transmission, delivering seamless powerflow, improved fuel efficiency, and a fun-to-drive experience. Global manufacturing capacity for BorgWarner dual-clutch transmission modules is supported by its facilities in the United States, Germany France and China, and a new facility in Mexico. 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 64 locations in 17 countries. Customers include VW/Audi, Ford, General Motors, Toyota, Hyundai/Kia, Daimler, Renault/Nissan, Chrysler, Navistar International, Fiat, BMW, Honda, PSA and Caterpillar. 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 our control, 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 vehicle production, the continued use of outside suppliers, fluctuations in demand for vehicles containing our products, changes in general economic conditions, and other risks detailed in our filings with the Securities and Exchange Commission, including the Risk Factors, identified in our most recently filed Annual Report on Form 10-K. We do not undertake any obligation to update any forward-looking statements. http://www.newscom.com/cgi-bin/prnh/20071024/CLW010 http://photoarchive.ap.org/ DATASOURCE: BorgWarner Inc. CONTACT: Mary Brevard, +1-248-754-0881, or David Peterson, +1-248-754-0883, both of BorgWarner Inc. Web site: http://www.borgwarner.com/

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