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Optimism - USA - BorgWarner sees $1.6 billion of new business
CHICAGO,Ill,USA -Reuters -Nov 02, 2005: -- BorgWarner Inc. on Wednesday said it expects $1.6 billion in net new business from 2006 through 2008, with about 60 percent in engine-related products such as turbochargers... The new business, much of which is aimed at improving fuel efficiency, is expanding most rapidly in the diesel car and truck markets, in emerging markets such as China, and with Japanese, Korean and European automakers, BorgWarner said...
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