U.S. auto parts supplierBorgWarner Inc posted a quarterly loss on Wednesday andsaid it expected the credit crisis and slower global growth tohurt its results through 2009.



The results were worse than expected and the auto supplierwarned that its full-year 2008 results would also come in belowWall Street expectations because of tougher market conditionsand reduced auto production in Europe. It forecast 2009 saleswould be flat from the current year.



Shares of BorgWarner slipped almost 2 percent in pre-markettrade to $23.50.



'The crisis in the financial sector and deterioratingglobal economic conditions negatively impacted ourperformance,' BorgWarner Chief Executive Tim Manganello said.'We expect the unprecedented current economic environment tocontinue to affect our near-term results and create difficultconditions through 2009.'



The Auburn Hills, Michigan-based company posted a thirdquarter loss of $130.4 million, or a loss of $1.12 per share,compared with earnings of $83.2 million, or 70 cents per sharea year earlier.



Sales for the July-September period were $1.32 billion,flat from a year earlier.



Excluding charges for restructuring, a write-down on thevalue of a past acquisition and other one-time charges,BorgWarner had adjusted earnings of 44 cents per share.



That was below the average forecast of analysts surveyed byReuters Estimates at 54 cents per share.



Given the slowdown in auto production, BorgWarner said itnow expected to earn between $2.25 to $2.35 per share,excluding one-time items, down from its own previous forecastof $2.80 to $2.95.



BorgWarner, which makes turbochargers and transmissioncomponents, has been one of the best performing auto suppliersdespite the sharp declines across the industry because ofincreased demand for its fuel-efficiency boosting technology.



The company said earlier this month that it would cut up to1,250 jobs in the United States -- 250 more than previouslyplanned -- in response to production cutbacks by the automakersit supplies.