BorgWarner Unveils Dual Volute Turbocharger for Light Vehicles

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BorgWarner Inc.BWA introduced a dual volute turbocharger designed for light-duty vehicles with gasoline engines. The new turbocharger offers a faster engine response while accelerating from a low speed. Further, it allows the complete separation of engine exhaust pulsations, leading to more exhaust energy turbine wheel compared with traditional turbochargers.

The new dual volute turbocharger is an addition to the company's wide portfolio of engine boosting products, which will enable original equipment manufacturers (OEMs) to achieve their goals in gasoline-powered light-duty vehicle engines.

Per management, BorgWarner's knowledge to create advanced engine-boosting technologies will enable it to take a system approach in technology development along with catering customers by offering the precise turbocharging solution.

BorgWarner Inc. Price and Consensus

BorgWarner Inc. Price and Consensus | BorgWarner Inc. Quote

Prior to this turbocharging solution, dual volute turbochargers were only used in commercial vehicles with diesel engines. In 2012, the company began to develop this latest technology. Now, it has collaborated with an OEM to manufacture the first full-size pickup truck, enabled with this turbocharger.

Price Performance

In the past six months, BorgWarner's stock has lost 14%, underperforming 9.2% decline recorded by the industry it belongs to.

Zacks Rank & Key Picks

BorgWarner currently carries a Zacks Rank #3 (Hold). A few better-ranked stocks in the auto space include PACCAR Inc. PCAR , Allison Transmission Holdings, Inc. ALSN and Fox Factory Holdings, Inc. FOXF . Currently, PACCAR carries a Zacks Rank #2 (Buy) while Allison Transmission and Fox Factory sport a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .

PACCAR has an expected long-term growth rate of 10.8%. Over the past three months, shares of the company have gained 1.9%.

Allison Transmission has an expected long-term growth rate of 10%. Shares of the company have risen 31.5% in the past three months.

Fox Factory has an expected long-term growth rate of 16.8%. Over the past three months, shares of the company have gained 84.8%.

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Fox Factory Holding Corp. (FOXF): Free Stock Analysis Report

PACCAR Inc. (PCAR): Free Stock Analysis Report

Allison Transmission Holdings, Inc. (ALSN): Free Stock Analysis Report

BorgWarner Inc. (BWA): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Business , Stocks
Referenced Symbols: FOXF , PCAR , ALSN , BWA

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