UPDATE 1-BorgWarner posts strong profit, reaffirms 2013 outlook

Newswire

DETROIT, April 25 (Reuters) - BorgWarner Inc, which makes automotive turbochargers and emissions systems, posted higher-than-expected operating profit on Thursday as both of its businesses topped forecasts, and the company reaffirmed its full-year financial outlook. "The focus on fuel economy and improved emissions continued to drive growth for BorgWarner in most parts of the world, but sharp declines in light vehicle production in Europe, a market that ...

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