UPDATE 1-BorgWarner profit up on engine system sales

Newswire

(Adds earnings details, background) CHICAGO, Oct 27 (Reuters) - Auto parts maker BorgWarner Inc. said on Monday its quarterly earnings rose 13 percent, boosted by growth in its engine and four-wheel drive businesses. The Chicago-based company said its third-quarter net income rose to $35.9 million, or $1.30 a share, from $31.9 million, or $1.18 a share, a year ago. Analysts on average had expected earnings of $1.29 a share, with estimates ranging from $1.18 to $1.36, according to ...

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