BorgWarner DualTronic(TM) Earns 2003 Excellence In Development Award From VW Group

CHICAGO, Nov. 20, 2003 -- VW Group has honored BorgWarner Inc. with its 2003 Excellence in Development Award for BorgWarner's innovative DualTronic(TM) transmission technology, which is a key enabler for the direct-shifting gearbox that was launched recently on the Audi TT and VW Golf R32. The award recognizes exceptional performance of suppliers to VW, Audi, Skoda, Seat, Bentley, Bugatti and Lamborghini. Twenty-five suppliers were honored in the areas of quality, logistics/delivery, entrepreneurship, environment and development.

BorgWarner was one of only two U.S.-based companies to receive the award, and the only supplier in the drivetrain area of the five companies honored in the development category. BorgWarner Chairman and CEO Tim Manganello accepted the award from VW Group Chairman Bernd Pischetsrieder during a ceremony last month at Wolfsburg Castle.

"BorgWarner is extremely proud of its industry-first DualTronic(TM) technology, and the enthusiastic accolades it has received from drivers who value both fuel efficiency and exceptional vehicle performance," said Manganello. "I am honored to accept this prestigious recognition from our valued customer on behalf of the DualTronic(TM) team."

BorgWarner DualTronic(TM) offers drivers the convenience of an automatic transmission with the fuel efficiency of a manual transmission. Through advanced electronics and a unique two-clutch wet friction system, DualTronic(TM) eliminates the "torque-interrupt" feeling that is noticeable when a manual transmission shifts gears. This new technology improves fuel economy and emissions while delivering a responsive, fun-to-drive vehicle performance.

BorgWarner Inc. 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, 2002.