BorgWarner Morse TEC Is Single-Source Supplier of Timing Chain System For New 3.2-L Volvo I-6 Engine

AUBURN HILLS, Mich., Dec. 18 /PRNewswire-FirstCall/ -- BorgWarner Morse TEC is the single-source supplier of preassembled timing chain systems for the new 3.2-L Volvo I-6 engine, the first of a new family of engines that will equip mid-class Volvo vehicles and future Ford PAG models.

"We are proud to have been named the single-source supplier on this program. The very positive and close cooperation with the customer, cost competitiveness and modular technology using preassembled subcomponents made the difference," said Alfred Weber, President and General Manager, BorgWarner Morse TEC.

"We look forward to providing the ideas and expertise that will help our customers realize significant efficiencies and savings as the trend continues toward the sourcing of complete modules within engines," he said. Produced at BorgWarner Morse TEC Europe's facility in Arcore, Italy, the timing system module features integrated plastic guides with an aluminum chain case, integrated water pump housing, and preassembled timing chain subcomponents.

BorgWarner Morse TEC is a global leader in the design and manufacture of automotive chain systems and components for engine timing, automatic transmission and four-wheel drive applications.

Auburn Hills, Michigan-based BorgWarner Inc. 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 63 locations in 18 countries. Customers include Ford, VW/Audi, DaimlerChrysler, General Motors, Toyota, Renault/Nissan, Hyundai/Kia, Honda, BMW, Caterpillar, Navistar International, and Peugeot. Visit our new website at 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.