8-K

                                      FORM 8-K

                                   CURRENT REPORT

                         Pursuant to Section 13 or 15(d) of
                        the Securities Exchange Act of 1934

                        Date of Report:   November 18, 2003


                                  BORGWARNER INC.
               (Exact name of registrant as specified in its charter)


     Delaware                    1-12162                13-3404508
(State of Incorporation)      (Commission File No.)    (IRS Employer
                                                      Identification No.)

                 200 South Michigan Avenue, Chicago, Illinois 60604
                      (Address of principal executive offices)

Registrant's telephone number, including area code:    (312) 322-8500



Item 5.   Other Events.

     On November 18, 2003, BorgWarner Inc. issued a press release announcing
that the Company's Board of Directors has approved a quarterly cash dividend of
$0.25 per share payable on February 17, 2004 to shareholders of record on
February 2, 2004.  The press release is attached hereto as Exhibit 99.1 and is
incorporated herein by reference.

Item 7.   Financial Statements and Exhibits.

     (c)  Exhibits

     (99.1)    BorgWarner Inc. Press Release dated November 18, 2003.


SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.


                                   BORGWARNER INC.


                                        /s/ Vincent M. Lichtenberger
                                   By:------------------------------
                                        Vincent M. Lichtenberger
                                        Assistant Secretary


Dated:    November 18, 2003

EX-99

[BORGWARNER logo]

Immediate Release
                                             Contact
                                             Mary Brevard
                                             Phone:  312/322-8683


             BORGWARNER ANNOUNCES A 40% INCREASE TO QUARTERLY DIVIDEND;
                    STRONG CASH FLOWS ALLOW FOR CONTINUED GROWTH


Chicago, Illinois, November 18, 2003 - BorgWarner Inc. (NYSE:  BWA), a leading
provider of highly engineered engine and drivetrain components and systems to
vehicle makers worldwide, announced today that the company's board of directors
has approved a quarterly cash dividend of $0.25 per share on all of the
company's issued and outstanding common stock.  This is a 40% increase from the
previous level of $0.18 per share.  The dividend is payable on February 17, 2004
to shareholders of record on February 2, 2004.

     "I am pleased to announce our second dividend increase since 1994, as our
strong cash flows and confidence in our future growth enable us to provide
additional shareholder value," stated Timothy M. Manganello, chairman and chief
executive officer.  "This increase still allows the company to maintain a strong
cash balance for future internal and external growth opportunities.  Management
and the board of directors will continue to evaluate our dividend policy and we
expect to maintain a rate that is a meaningful component of total shareholder
return."

     BorgWarner Inc. (NYSE: BWA) is a product leader in highly engineered
components and systems for vehicle powertrain applications worldwide.  The
company operates manufacturing and technical facilities in 43 locations in 14
countries.  Customers include Ford, DaimlerChrysler, General Motors, Toyota,
Honda, Hyundai/Kia, Caterpillar, Navistar International, Renault/Nissan, Peugeot
and VW/Audi.  The Internet address for BorgWarner is: http://www.bwauto.com.
For further information contact BorgWarner Corporate Communications
 at 312-322-8500.  Investor conference calls are
webcast at: Thomson / PR Newswire.

                                        ###

Statements contained in this news release may contain forward-looking statements
as contemplated by the 1995 Private Securities Litigation Reform Act that are
based on management's current expectations, estimates and projections.  Words
such as "expects," "anticipates," "intends," "plans," "believes," "estimates,"
variations of such words and similar expressions are intended to identify such
forward-looking statements.  Forward-looking statements are subject to risks and
uncertainties, which could cause actual results to differ materially from those
projected or implied in the forward-looking statements.  Such risks and
uncertainties include:  fluctuations in domestic or foreign automotive
production, the continued use of outside suppliers by original equipment
manufacturers, fluctuations in demand for vehicles containing the Company's
products, general economic conditions, as well as other risks detailed in the
Company's filings with the Securities and Exchange Commission, including the
Cautionary Statements filed as Exhibit 99.1 to the Form 10-K for the fiscal year
ended December 31, 2002.