Borg Warner Shares on the Move; Co. Said Expecting $2.9B of Net New Business for 2014-2016

BorgWarner Inc. (NYSE: BWA ) today announced $2.9 billion of expected net new powertrain business for 2014 through 2016, up 26% from the previous three-year net new business. Demand for the company's advanced powertrain technologies, such as gasoline and diesel turbochargers, all-wheel drive systems, engine timing systems including variable cam timing devices, and emissions