BorgWarner Inc. (NYSE: BWA), headquartered in Auburn Hills, Michigan, is a global technology leader in powertrain solutions to provide the components and systems in superior design, and also one of U.S. Fortune 500 companies. BorgWarner has established 64 manufacturing and technology bases in 19 countries and 57 regions. The customers include VW/Audi, Ford, General Motors, Toyota, Hyundai/Kia, Daimler, Renault/Nissan, Chrysler, Fiat, Navistar, BMW, Honda, Peugeot and Caterpillar.

BorgWarner has Engine Group and Drivetrain Group. Engine Group covers five business systems including Turbo Systems, Morse TEC, Thermal Systems, BERU Systems and Emissions Systems. With the industry-leading technology, Engine Group focuses on improving fuel economy, reducing emissions and enhancing engine performance. Drivetrain Group has two business systems covering Transmission Systems and Torque Management Systems. Inheriting the fine tradition of 100 years, it becomes the innovator and leader of gearbox and four-wheel drive technology.

As a recognized industry leader in the world, BorgWarner is dedicated in its advanced technology and products to meet the users' demands of power system components and system solutions. BorgWarner is committed to pioneering in the product technology. BorgWarner is undertaking the mission to improve fuel economy, reduce emissions pollution, and enhance vehicle dynamics performance.

In recent years, with the general downturn in the North American auto industry,