BWA BorgWarner Inc

BorgWarner Supplies Engine and Transmission Content to Ford Escape Hybrid CHICAGO, June 29 /PRNewswire-FirstCall/ -- BorgWarner engine and transmission products will help drive North America's first hybrid, the Ford Escape, which is on sale now and will be arriving in dealerships later this summer. As a leading global powertrain supplier, BorgWarner will provide various emissions and air management components, the engine timing system and clutching systems. "Several of BorgWarner's traditional products are on hybrid vehicles such as the Ford Escape, the Honda Insight and Civic and Toyota Prius," said Tim Manganello, BorgWarner Chairman and Chief Executive Officer. "Through our Drivetrain Group, we are working to identify innovative, nontraditional solutions as well. Hybrids are creating an exciting technology environment for product leaders who are able to make the most of it." The Ford Escape Hybrid combines the fuel economy of a full hybrid with the versatility of four-wheel drive, and teams a high-voltage storage battery with an efficient gasoline engine to charge the engine without the need for plugging it in. In addition, Ford expects the Escape Hybrid to be certified for sale as an Advanced Technology Partial Zero Emissions Vehicle (AT-PZEV), the strictest emissions certification. The Escape Hybrid can run solely on electric power at speeds below 25 mph, and then switch seamlessly and quietly into gasoline mode at higher speeds. BorgWarner Inc. (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 43 locations in 14 countries. Customers include Ford, DaimlerChrysler, General Motors, Toyota, Honda, Hyundai/Kia, Caterpillar, Navistar International, Renault/Nissan, Peugeot and VW/Audi. The Internet address for BorgWarner is: http://www.bwauto.com/ . For further 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, 2003. DATASOURCE: BorgWarner Inc. CONTACT: Beth Feikens of BorgWarner, +1-248-373-7962 Web site: http://www.bwauto.com/

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