UPDATE 2-BorgWarner profit off 36 percent, misses forecasts

Newswire

(Adds new business outlook, stock activity) CHICAGO, Oct 27 (Reuters) - Auto parts maker BorgWarner Inc. on Friday said quarterly earnings fell 36 percent as vehicle production cuts by Detroit-based automakers put downward pressure on results. Cuts in light truck and sport utility vehicle production in North America made the quarter especially challenging, said the company, which makes products such as turbochargers, clutch systems, engine timing devices and traction controls. Several ...

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