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Industry: Email Alert RSS FeedBorgWarner gains technology with German supplier purchase; US partsmaker's Beru takeover adds diesel expertise.(Suppliers)
Automotive News Europe, January, 2005 by Kosdrosky, Terry
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Byline: Terry Kosdrosky
BorgWarner added key components and systems to its diesel business with its purchase of German electronics supplier Beru.
The acquisition also takes BorgWarner, which makes engine, transmission and torque controls, into the growing area of tire-pressure monitors.
In the US a new federal law, the TREAD Act, will make tire-pressure monitors mandatory starting in September.
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Before the acquisition, Beru landed a three-year contract for tire-pressure monitors with an unnamed European automaker worth between $104 million and $140 million (about ...
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- 100 + 10: America's oldest automotive magazine celebrates its 110th year ...
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