العربية
Dansk
Deutsch
ΕΛΛΗΝΙΚΑ
English
Español
Français
Indonesian
Italiano
한국어
Nederlandse
Polska
Português
Русский
Slovenski
Türkçe
中文
Welcome
on East Filters
Looking for auto parts? Please click below.
Our products
Racor Fuel filter/Water Separator
Oil water separator parts
Sakura Filters Equivalent
Fuel filter accessory
Top Searches
Oil filter
Fuel filter
Air filter
Oil water separator
Fuel water separator
Racor
Volvo
Caterpillar
Benz
Perkins
Scania
Komatsu
MAN
HINO
Iveco
TOYOTA
Contact-us
Sales Address: Zhangjiang High-technology Park, Shanghai, China
Tel: 0086-21-3637-6177
Fax: 0086-21-3637-6177
MSN: [email protected]
Skype:eastfilters
Email: [email protected]
BorgWarner will be 'aggressive' in exploiting China surge
China's automotive market is growing so fast that BorgWarner Inc. -- a major producer of turbochargers, all-wheel-drive systems and other driveline components -- expects annual sales growth of 40 percent there over the next five years.
"We are going to be very aggressive in China," CEO Tim Manganello said Wednesday at an industry conference here. "China is exploding."
Last year, China accounted for about 7 percent of BorgWarner's global sales of $3.96 billion, Manganello said.
To meet rising demand, BorgWarner opened a technical center in Shanghai in March and is building a plant in Dalian to produce transmission modules. But the big revenue generators are turbochargers and all-wheel-drive systems.
Domestic Chinese automakers are generating much of BorgWarner's sales growth.
BorgWarner will sell more to domestic Chinese automakers than to foreign automakers' Chinese ventures this year, Manganello said.
"Chinese companies will be the early adopters" of new technology, in part because of their faster time-to-market, Manganello said. That means BorgWarner's latest technology will be on sale first in Chinese vehicles rather than vehicles coming from North America or Europe, he said.
In the North American market, he argued, diesel powertrains ought to play a greater role in the drive to improve fuel economy. Diesel engines generally are 30 percent more fuel efficient than gasoline engines.
Even if automakers reduce the size of gasoline engines and add direct injection and turbochargers, Manganello said, diesels will remain more efficient.
"We are going to be very aggressive in China," CEO Tim Manganello said Wednesday at an industry conference here. "China is exploding."
Last year, China accounted for about 7 percent of BorgWarner's global sales of $3.96 billion, Manganello said.
To meet rising demand, BorgWarner opened a technical center in Shanghai in March and is building a plant in Dalian to produce transmission modules. But the big revenue generators are turbochargers and all-wheel-drive systems.
Domestic Chinese automakers are generating much of BorgWarner's sales growth.
BorgWarner will sell more to domestic Chinese automakers than to foreign automakers' Chinese ventures this year, Manganello said.
"Chinese companies will be the early adopters" of new technology, in part because of their faster time-to-market, Manganello said. That means BorgWarner's latest technology will be on sale first in Chinese vehicles rather than vehicles coming from North America or Europe, he said.
In the North American market, he argued, diesel powertrains ought to play a greater role in the drive to improve fuel economy. Diesel engines generally are 30 percent more fuel efficient than gasoline engines.
Even if automakers reduce the size of gasoline engines and add direct injection and turbochargers, Manganello said, diesels will remain more efficient.