UPDATE 1-BorgWarner posts higher quarterly profit


(Recasts first sentence, adds CEO comment, details, background) CHICAGO, Oct 26 (Reuters) - Auto-parts maker BorgWarner Inc. on Wednesday posted a 37 percent increase in quarterly profit on higher demand for its engine and drivetrain technology, including turbochargers and transmission components. The company also tightened its profit outlook for the year. Net income rose to $61.4 million, or $1.07 a share, in the third quarter, from $44.8 million, or 79 cents a share, in the ...

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