BorgWarner

Deliveries of 27 Tesla Roadsters Completed to Date, Production and Delivery of Roadsters To Accelerate with Final Powertrain Solution

SAN CARLOS, Calif., Sep 09, 2008 -- Tesla Motors Inc. has selected BorgWarner Inc. for the production of a single-speed gearbox for the Tesla Roadster and is initiating a ramped-up production rate. So far, 27 customers have taken delivery of Roadsters.

2008 Tesla Roadster

AUBURN HILLS, Mich., June 19, 2008 -- Building on the success of variable turbine geometry (VTG(TM)) turbochargers and regulated two-stage (R2S(R)) turbocharging systems, the experts at BorgWarner (NYSE: BWA) have achieved another ground-breaking advancement in air management technology, designing a turbocharger that can withstand the harsh environment created by low-pressure exhaust gas recirculation (EGR) systems to meet the world's strictest emissions standards. The company expects to see the technology introduced in the U.S. in 2008 on diesel imports from two European automakers.

AUBURN HILLS, Mich., May 16, 2008 -- Bishop Steering Technology's variable ratio rack and pinion steering, new to the 92nd Indianapolis 500 race, wins the BorgWarner Louis Schwitzer Award for most exceptional racing technology advancement.

Engineers Andrew Heathershaw, Soungjin Wou and Nick Belonogoff of Bishop Steering Technology and Andrea Toso from Dallara Chassis will be honored with the 42nd annual BorgWarner Louis Schwitzer Award for their work in the development and implementation of this technology for the IndyCar(R) Series.

The variable ratio rack and pinion steering technology developed by Bishop, whose North American facility is located in Indianapolis, IN, offers a number of driver performance benefits:

-- Reduces driver fatigue through improved ease in steering

BorgWarner Breaks Ground for Turbocharger Operation in Poland

AUBURN HILLS, Mich., March 25, 2008 /PRNewswire - FirstCall/ -- BorgWarner broke ground for a new production facility in Rzeszow, Poland, where it plans to produce an initial 500,000 turbochargers for European car makers beginning in 2009, with expansion in the next two years to produce up to two million units. The location in southeast Poland offers economic advantages and allows BorgWarner to serve vehicle manufacturers in both Western and Eastern Europe. The 54,000-square-foot (5,000-square-meter) operation is expected to create about 200 jobs.

Over 1 Million DualTronic(R) Systems Already Built in Arnstadt

AUBURN HILLS, Mich., March 11, 2008 /PRNewswire - FirstCall/ -- With demand for its dual-clutch transmission modules (known as DualTronic(R)) expected to increase 500% by 2013, BorgWarner (NYSE: BWA) has opened its second manufacturing facility at its Drivetrain campus in Arnstadt, Germany. The new facility will double the manufacturing area of the current site to over 107,000 square feet (10,000 square meters) and create 150 jobs by 2010. In addition, a new vehicle lab and test track with tight curves, steeply graded hills and sharp exits has been constructed for on-site evaluation of series- production technologies.

BorgWarner Also Recognized as 'Excellent Auto Parts Joint-Venture'

AUBURN HILLS, Mich., Feb. 11, 2008 /PRNewswire - FirstCall/ -- BorgWarner Thermal Systems in Ningbo, China, has been ranked fourth in 'China Auto Parts Suppliers Top 100 Best' for 2007 and received an additional award as 'Excellent Auto Parts Joint-Venture.'

Shareholder Value Rises 65% in 2007

AUBURN HILLS, Mich., Jan. 31 /PRNewswire - FirstCall/ -- Achieving a 65% increase in shareholder value earned BorgWarner a 2007 Global Shareholder Value Award from Automotive News and PricewaterhouseCoopers. It was the highest total shareholder return over a one-year period among public global automotive parts suppliers in 2007.

'BorgWarner continues to deliver strong performance during a time of transition and globalization in our industry,' said Tim Manganello, BorgWarner Chairman and CEO. 'As demand for our fuel-efficient products continues to increase, investors recognize the company's value. We believe the strategies we have in place will allow us to produce sustainable growth and continue to outpace the global auto industry.'

AUBURN HILLS, Mich., Jan. 21, 2008 /PRNewswire - FirstCall/ -- The board of directors of BorgWarner Inc. (NYSE:BWA) declared a quarterly dividend of $0.11 per share on all of the company's issued and outstanding common stock. The dividend is payable February 15, 2008 to stockholders of record on February 1, 2008.

The dividend reflects a two-for-one stock split on December 17, 2007, and a 29% increase from the previous dividend of $0.085. BorgWarner has tripled its dividend amount over the past six years.

AUBURN HILLS, Mich., Dec. 10 /PRNewswire - FirstCall/ -- In a world first for automotive turbocharger products, BorgWarner's (NYSE:BWA) regulated two-stage (R2S(R)) turbocharger technology is combined with variable turbine geometry (VTG(TM)) to help International Engine Group's PowerStroke 6.4-liter V8 diesel engine meet stringent North American emission requirements without compromising increased horsepower and torque. The powerful diesel engine is installed in Ford's F-Series heavy-duty pickup trucks, including the F250, F350, F450 and F550.

Emerging Markets Unique Architecture Delivers Additional Fuel Efficiency and Performance Improvements

December 4, 2007 - AUBURN HILLS, Mich., Dec. 4 -- As a leader in dual- clutch transmission technology, BorgWarner (NYSE: BWA) is once again revolutionizing the transmission market. A unique new dual-clutch transmission for developing markets and small cars is in the final development stages at BorgWarner.

Working in conjunction with several Asian automakers, BorgWarner will be providing patent-pending dual-clutch transmission architecture that delivers fuel efficiency in an affordable package ideal for the growing small car demand in developing markets.