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BorgWarner Declares Quarterly Dividend


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AUBURN HILLS, Mich., July 21 -- The board of directors of BorgWarner Inc. declared a quarterly dividend of $0.11 per share on all of the company's issued and outstanding common stock. The dividend is payable August 15, 2008 to stockholders of record on August 1, 2008.

Auburn Hills, Michigan-based BorgWarner Inc. is a product leader in highly engineered components and systems for vehicle powertrain applications worldwide. The FORTUNE 500 company operates manufacturing and technical facilities in 64 locations in 17 countries. Customers include VW/Audi, Ford, Toyota, Renault/Nissan, General Motors, Hyundai/Kia, Daimler, Chrysler, Fiat, BMW, Honda, John Deere, PSA and MAN.