May 20, 2024

BorgWarner Boosts 2011 Sales Profit Forecast

According to Reuters news, with the increasing demand for vehicle fuel-saving systems and technologies, auto parts supplier BorgWarner has raised its sales profit forecast for 2011.

According to BorgWarner official information, the company's profit for the second quarter of this year was $1.31 per share, compared with $0.68 per share for the same period last year. Excluding Honeywell's patent infringement settlement funds and tax-related adjustments, earnings per share were $1.12. In the second quarter, operating income increased by 28%, engine sales accounted for approximately 70% of total sales, and revenues from turbochargers, emissions system components, and timing chains increased by 48%.

The increase in demand from automakers has benefited BorgWarner. Taking Ford and Volkswagen for example, they are very much in need of BorgWarner's technology to increase engine efficiency and reduce emissions. In addition, high oil prices and stricter emission standards set by the U.S. government have also boosted demand.

At the same time, given the shift in demand for car types in the European market, BorgWarner took advantage of this opportunity to supply more components to diesel engines in the European market.

Touch Free Car Wash Equipment

Leisuwash specializing in manufacture Automatic Car Wash Machine, Touchless Car Wash , Automatic Touchless Car Wash, touchless car wash equipment, robot car wash, smart car wash system, leisuwash 360, leisuwash leibao 360, laserwash 360, leisuwash touchless car wash machine, leisu wash touchless car wash automatic, leisu wash 360 high pressure touchless car wash equipment, robo car wash, touch free car wash, leisuwash 360 touch free car wash, leisuwash 360 price, automatic car wash price, leisuwash in malaysia, no touch automatic car wash machine.
Leisuwash 360 touchless car wash machine high intelligent high quality, with car wash + car care + drying process totally, each car wash takes time 1 minute to 5 minutes which depends on the car wash mode.
Automatic touch free car wash equipment more and more popular in car wash business market, as can save employee fees and wash time mostly, bring investor much more benefit profit return. That's why choose the automatic car washing system.

Touch Free Car Wash Equipment,Automatic Car Wash,Leisuwash Touchless Car Wash,Automatic Car Wash Machine

Hangzhou Leisu Cleaning Equipment Co.,Ltd , https://www.sdleisuwashtouchless.com