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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 to Showcase All-Wheel Drive Expertise at 2008 SAE AWD Symposium

19/08/2008 9:34pm

PR Newswire (US)


BorgWarner (NYSE:BWA)
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AUBURN HILLS, Mich., Aug. 19 /PRNewswire-FirstCall/ -- BorgWarner's industry-leading capabilities in all-wheel drive (AWD) technology and vehicle dynamics will be spotlighted at the 2008 Society of Automotive Engineers AWD Symposium August 20 and 22 at the Ann Arbor Marriott at Eagle Crest in Ypsilanti, Michigan. "OEMs all over the world, and the people who drive the vehicles they make, rely on the benefits of enhanced vehicle traction, stability and handling that our systems provide," said Dan CasaSanta, President and General Manager, BorgWarner TorqTransfer Systems. "As a global leader in advanced front-wheel and rear-wheel based all-wheel drive technology, we are proud to showcase our capabilities at this important event." At 10:30 a.m. on August 20, BorgWarner will present "NexTrac(R) FWD/AWD Coupling: from Development to Production," a technical presentation that provides an overview of the BorgWarner NexTrac(R) system launched this year in the Hyundai Santa Fe. On August 22, BorgWarner will offer guests an exceptional opportunity at a unique test-track venue to experience the ways in which BorgWarner technologies enhance the driving experience. Demonstration vehicles will include a Hyundai Santa Fe with NexTrac(R) and a Cadillac CTS with ITM(R) Transfer Case. These systems are among the most advanced next-generation interactive technologies available as part of BorgWarner's active torque management portfolio focused on the needs of the expanding all-wheel drive market. In addition, BorgWarner will showcase its NexTrac(R) and ITM(R) Transfer Case technologies through video and interactive displays at the symposium, and will sponsor the evening reception on August 20 at the Ann Arbor Marriott at Eagle Crest. For more details, visit http://www.sae.org/awd . BorgWarner TorqTransfer Systems is a leading global designer and producer of torque distribution and management systems. 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, Toyota, Renault/Nissan, General Motors, Hyundai/Kia, Daimler, Chrysler, Fiat, BMW, Honda, John Deere, PSA, and MAN. 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 "outlook", "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. DATASOURCE: BorgWarner Inc. CONTACT: Mary Brevard, +1-248-754-0881, for BorgWarner Inc. Web site: http://www.sae.org/awd http://www.borgwarner.com/

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