BorgWarner Expects $1.95 Billion in New Business for 2008-2010; Turbochargers and Dual-Clutch Technology Lead Growth, Driven by Global Fuel Economy, Emissions and Performance Needs

AUBURN HILLS, Mich., Nov. 5, 2007 -- BorgWarner Inc. today announced $1.95 billion of expected net new powertrain business for 2008 through 2010, a 15% increase over its previous three-year new business. Demand for the company's environmentally friendly technologies such as turbochargers and dual-clutch transmission technology continue to drive a growth rate for the company that exceeds that of the auto industry.

BorgWarner is a leading provider of highly engineered engine and drivetrain components and systems that address critical environmental needs around the globe such as fuel economy and air quality. The majority of the company's new business is outside of North America. About 80% of the programs are expected to be launched in Asia and Europe over the three-year period.

"As concerns about global climate change and rising fuel prices continue to escalate, BorgWarner is uniquely positioned among vehicle suppliers to deliver powertrain technologies in a broad range of products that address these needs," said Timothy M. Manganello, Chairman and Chief Executive Officer. "Over the next three years, we believe our fuel-efficient technology will clearly be a strong growth catalyst for new business as we continue to serve the needs of our expanding global customer base."

Of the total new business, 78% is anticipated from engine-related products such as turbochargers, ignition systems, emissions products, engine timing systems, variable cam timing modules and thermal systems. The other 22% is expected in drivetrain-related products including the company's fuel-efficient DualTronic(R) transmission technology.

"Our new business growth is a reflection of our globalization strategy," said Manganello. "We have outpaced the growth of the industry by developing and launching products with customers in those regions of the world that are growing the fastest. As growth in the auto industry continues to shift globally, we expect to be there to participate in that growth. Europe accounts for 50% of our expected new business. In Asia, as our expansion there continues, new business sales are expected to account for about 30% of the total by the end of the period. Korea and China represent the bulk of that new business. North America is approximately 20% of the anticipated new business over the three years and includes both transplants and domestic vehicle makers," he said.

The company expects noteworthy new business during the 2008 through 2010 period to include:

  Engine Group
  -- Next generation passenger car turbochargers for a number of European
     OEMs
  -- Advanced turbochargers for light truck programs in North America and
     commercial vehicle programs in Europe and North America
  -- Emissions products for a variety of applications and for an expanding
     customer base worldwide
  -- Thermal systems for a variety of applications, including diesel pickups
     in North America, commercial trucks in Europe and light truck
     applications in China
  -- Chain-driven timing systems for North American, European and Asian OEMs
  -- Variable cam timing in North America
  -- Beru Instant Start Systems for various European OEMs

  Drivetrain Group
  -- DualTronic(R) transmission technology for European, North American and
     Asian programs that move the technology further across a broad range of
     applications
  -- Transmission shifting assemblies and controls for a variety of
     automatic transmissions
  -- All-wheel drive systems for programs in China, India and Korea

At 10:00 a.m. ET today, a brief conference call concerning our net new business will be webcast at: http://www.borgwarner.com/invest/webcasts.shtml.

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, General Motors, Toyota, Hyundai/Kia, Daimler, Renault/Nissan, Chrysler, Navistar International, Fiat, BMW, Honda, PSA and Caterpillar. The Internet address for BorgWarner is: http://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 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, 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 of outside suppliers, fluctuations in demand for vehicles containing our products, changes in general economic conditions, and other risks detailed in our filings 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 any forward-looking statements.