Suppliers ride the MPG wave; saving fuel brings soaring profits

Automotive News
May 21, 2012

Gasoline at $4 a gallon and government-mandated fuel economy targets are creating vast opportunities for many big global suppliers.

In North America, those suppliers are selling turbochargers, direct injection, stop-start equipment, eight-speed transmissions and many other systems that save fuel.

“If you bring a real idea to an OEM to improve fuel economy or lower emissions, they will seriously listen,” says Tim Manganello, CEO of BorgWarner Inc., a top maker of turbochargers.

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