AUBURN HILLS, Mich., Jan. 22, 2014 /PRNewswire/ -- As a global supply partner, BorgWarner has begun manufacturing its advanced engine timing systems in El Salto, Mexico, providing localized production for Volkswagen's third-generation 2.0- and 1.8-liter DOHC I4 engines built at Volkswagen's new engine plant in Silao, Mexico. Developed by Audi, the fuel-efficient gasoline engines power the Volkswagen Jetta and Beetle as well as other models designated for the U.S. market. Initially, Volkswagen is expected to build over 300,000 engines per year at its new engine plant in Mexico, with the potential for higher volumes in the future. BorgWarner also supports these Volkswagen engines with local manufacturing in Europe and Asia.
"BorgWarner's advanced engine timing technologies reduce friction and weight to help improve fuel economy," said Joe Fadool, Vice President and General Manager, BorgWarner Morse TEC. "We value our long relationship with Volkswagen and are pleased to provide localized production to support its expansion into the North American market."
BorgWarner's industry-leading silent chains and hydraulic tensioners feature low-noise, low-weight and low-friction technologies to help improve fuel economy and engine efficiency. BorgWarner's inverted tooth silent chains for engine timing, countershaft and oil pumps utilize proprietary Super Finish Aperture (SFA) and vanadium carbide pin coating technology to improve wear performance. Using patented flow-tuning technology with a pressure relief valve, BorgWarner's modular hydraulic tensioners balance chain tension and optimize control over the entire engine operating range for improved robustness, increased engine efficiency and lower noise, vibration and harshness.About BorgWarner Auburn Hills, Michigan-based BorgWarner Inc. (NYSE: BWA) is a technology leader in highly engineered components and systems for powertrain applications worldwide. Operating manufacturing and technical facilities in 56 locations in 19 countries, the company develops products to improve fuel economy, reduce emissions and enhance performance. Customers include VW/Audi, Ford, Toyota, Renault/Nissan, General Motors, Hyundai/Kia, Daimler, Chrysler, Fiat, BMW, Honda, John Deere, PSA, and MAN. For more information, please visit 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 outlook, expectations, estimates and projections. Words such as "anticipates," "believes," "continues," "could," "designed," "effect," "estimates," "evaluates," "expects," "forecasts," "goal," "initiative," "intends," "outlook," "plans," "potential," "project," "pursue," "seek," "should," "target," "when," "would," 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 by original equipment manufacturers of outside suppliers, fluctuations in demand for vehicles containing our products, changes in general economic conditions, as well as other risks noted reports that we file 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 or announce publicly any updates to or revision to any of the forward-looking statements.
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