US: BorgWarner lowers estimates on Europe weakness

BorgWarner has reported a weakening financial performance in the quarter ended 30 September 2012 (Q3 2012), although demand continued to be buoyant for the company's products that enhance fuel economy and lower emissions. However, with light vehicle production in Europe contributing over 50% of revenue, the adverse impact of the It’s time to log in … Continued

• By Martin Kahl
• November 1, 2012