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BORGWARNER PRODUCES COMPLETE CHAIN SYSTEM FOR THIRD DCX OVERHEAD CAM ENGINE |
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| CHICAGO, Oct. 9 /PRNewswire/ -- For BorgWarner's third program with DaimlerChrysler to supply a complete timing-chain system for an overhead cam engine, BorgWarner Morse TEC has begun production of a system for DaimlerChrysler's 3.7-liter, V6 engine. For at least the first six months of production, this engine will be the only one available for the Jeep Liberty. BorgWarner Morse TEC designed the system using technology similar to that developed for Chrysler's 2.7-liter and 4.7-liter overhead cam engines, which were new in 1997 and 1998, respectively. The system, which is manufactured at Morse TEC's Ithaca, New York facility, consists of numerous components including chains, sprockets, tensioners and guides. "Our work with DaimlerChrysler on yet another chain program, the 3.7-liter V6 cam drive, is one more example of the success that can be achieved with a complete system supply relationship," said Roger Wood, President and General Manager, BorgWarner Morse TEC. "Our commitment to DaimlerChrysler to support their program needs and provide world-class chain systems remains a top priority as BorgWarner continues to sharpen its focus on product leadership." BorgWarner Morse TEC is the global leader in the design and manufacture of automotive chain systems and components for engine timing, automatic transmission and four-wheel drive applications. Chicago-based BorgWarner (NYSE: BWA) is a product leader in highly engineered components and systems for vehicle powertrain applications worldwide. The company operates manufacturing and technical facilities in 46 locations in 13 countries. Customers include Ford, DaimlerChrysler, General Motors, Toyota, Caterpillar, Navistar International and VW Group. The Internet address for BorgWarner is www.bwauto.com. For additional information, contact BorgWarner Corporate Communications at (312) 322-8500. 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, which could cause actual results to differ materially from those projected or implied in 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 Cautionary Statements filed as Exhibit 99.1 to the Form 10-K for the fiscal year ended December 31, 2000.
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