) announced that its latest turbocharging technology will be
deployed in the new generation medium-duty engines of
) Mercedes-Benz. This advanced technology will help the engine to
maintain emissions standards together with improving performance
and fuel efficiency.
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The new OM 934 and OM 936 engines will be replacing the 900
series engines and will be used in a wide range of on-highway
applications, including medium-duty trucks and urban buses. The
engines will be equipped with BorgWarner's latest B-series
turbocharging technology for standard power outputs and regulated
two-stage (R2S) turbocharger for higher outputs.
The company will also supply advanced fans and fan drives for
this new engine series. Leveraging BorgWarner's technology, the
Mercedes-Benz medium-duty engine provides powerful and economical
solutions for various applications. This provides durability and
reliability to the engine even in harsh commercial diesel
According to the Euro VI emissions standards, the emission of
nitrogen oxides from engines should reduce by 80%. The latest
technologies of BorgWarner assist in maintaining the standards
and ensure performance of the vehicle. They represent a
state-of-art powertrain solutions to OEMs for on-and off-highway
BorgWarner is a leading manufacturer of powertrain products for
the world's major automakers. The company's products are capable
of improving vehicle performance and stability meeting
fuel-efficiency and emission standards. The company's largest
customers include F
ord Motor Co.
Toyota Motor Corp.
). It currently retains a Zacks Rank #3 (Hold).
BorgWarner posted a 2.5% decrease in profits to $1.16 per share
(excluding non-recurring items) in the fourth quarter of 2012
from $1.19 in the same quarter of 2011. However, EPS in the
quarter surpassed the Zacks Consensus Estimate by 4 cents.
Revenues dipped 3.1% to $1.72 billion, but were ahead of the
Zacks Consensus Estimate of $1.69 billion. Global light vehicle
production inched up 1%, while production in Europe, which
comprises over half of the company's sales, declined 11%.