BorgWarner Supplies Transmission Components for Hyundai's New 8-Speed Automatic Transmission

News provided by

Sep 27, 2011, 08:30 ET

AUBURN HILLS, Mich., Sept. 27, 2011 /PRNewswire/ -- BorgWarner supplies transmission components, including friction plates and roller one-way clutches, for Hyundai's new 8-speed automatic rear-wheel drive transmission. Designed and assembled by Hyundai POWERTECH, the company's performance and R&D group, the new high-performance transmission features a multi-step design with a wide gear span. The transmission will drive the recently launched 4.6-liter Hyundai Equus, Hyundai Genesis and Kia Mohave as well as the 3.8-liter Hyundai Genesis for the domestic Korean market.

"BorgWarner is pleased to produce components locally for this new transmission," said Robin Kendrick, President and General Manager, BorgWarner Transmission Systems. "We look forward to continuing our 20-year relationship with Hyundai and Kia and supporting their success as major global automotive manufacturers."

BorgWarner friction systems are designed to provide industry-leading friction and efficiency characteristics for a wide range of clutch applications, including the most demanding, high-energy applications. BorgWarner one-way clutch systems provide superior engagement performance and very high efficiency for transmission positions not requiring a wet friction clutch.

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 59 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 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 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.

SOURCE BorgWarner