BorgWarner Announces Brady Ericson as CEO, Chris Gropp as CFO, and PHINIA Inc. as Company Name for Proposed Fuel Systems and Aftermarket Segment Spin-Off
Auburn Hills, Michigan, February 14, 2023 – BorgWarner Inc. (NYSE: BWA) today announced Brady Ericson will serve as President and Chief Executive Officer, and Chris Gropp will serve as Executive Vice President and Chief Financial Officer ...
Read full articleBorgWarner to Supply Major German Vehicle Manufacturer with High Voltage Battery Cooling
BorgWarner inter-cell cooling plates optimize battery performance Modular system provides flexibility for multiple vehicle development platforms New products capitalize on thermal expertise gained from exhaust gas recirculation (EGR) ...
Read full articleBorgWarner Expands Silicon Carbide Inverter Business with Major Global OEM
800V inverter technology offers ideal scalability, superior efficiency and high power density Builds upon 400V inverter business with the automaker SOP is 2025 for battery electric vehicle (BEV) platforms Auburn Hills, Michigan, Feb. ...
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BorgWarner Reports Full Year 2022 Results Ahead of Guidance, Expects 2023 Electric Vehicle Sales of $1.5 Billion to $1.8 Billion
Auburn Hills, Michigan, February 9, 2023 – BorgWarner Inc. (NYSE: BWA) today reported 2022 fourth quarter and full-year results.Charging Forward Update:Based on new business awards and actions announced to date, BorgWarner believes it ...
Read full articleBORGWARNER DECLARES QUARTERLY DIVIDEND
Auburn Hills, Michigan, February 9, 2023 – On February 8, 2023, the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on March 15, 2023, to ...
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BorgWarner Appoints Hau Thai-Tang to its Board of Directors
Auburn Hills, Michigan, February 8, 2023 – BorgWarner announced today that Hau Thai-Tang has been named to its Board of Directors.“We are pleased to welcome Hau to BorgWarner’s Board of Directors," said Alexis P. Michas, non-executive ...
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BorgWarner Named to Fortune’s 2023 World’s Most Admired Companies List
Marks first time BorgWarner has been included on the listBorgWarner is one of eight automotive parts suppliers named Talent attraction and retention, social responsibility and investment value were factored into rankingsAuburn Hills, Michigan, ...
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BorgWarner Awards Baby Borg Trophy to 2022 Indianapolis 500 Winner Marcus Ericsson
Marks the first Baby Borg that Marcus Ericsson has received Chip Ganassi receives Championship Team Owner's Trophy™ for sixth time Auburn Hills, Michigan, Feb. 3, 2023 – BorgWarner presented Marcus Ericsson with his first BorgWarner ...
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BorgWarner Included in 2023 Bloomberg Gender-Equality Index
The GEI provides insight into an opaque area of ESG data reporting BorgWarner has received the recognition four consecutive years Index measures gender equality across equal pay & gender pay parity, leadership & talent pipeline, inclusive ...
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BorgWarner Further Expands in Bangalore with Opening of Electric Propulsion Engineering Center
Follows opening of Bangalore technical center in December 2022 Will support BorgWarner’s global and local customer networks Planned workforce of over 550 in 2023, including creation of new positions BorgWarner has opened a 95,000 square ...
Read full articleBorgWarner Unveils Delco Remy® 150MT™ Starter at Heavy Duty Aftermarket Week 2023
The new Delco Remy 150MT meets or exceeds new crank requirements set by OEMs.Includes a high-performance power pack that supports multiple vehicle power sources and is equipped with over-crank thermal protection and mechanical rigidity ...
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BorgWarner Announces New Scope 3 Emissions Reduction Target in Commitment to a Cleaner Mobility Future
New target to reduce Scope 3 emissions by at least 25% by 2031 from a 2021 baseline BorgWarner submits science-based targets for Scope 1, 2 and 3 emissions to SBTi Target aligns with BorgWarner’s Charging Forward business strategy ...
Read full articleBorgWarner to Showcase eMobility Solutions at Auto Expo Components 2023 in New Delhi
Electrified powertrain components, high-energy battery systems and innovative thermal management solutions like high voltage coolant heaters to be featured Company will present electrification strategy “Charging Forward” for first time ...
Read full articleBorgWarner Awarded on Newsweek’s America’s Most Responsible Companies 2023 List
Marks fourth year in a row BorgWarner has been included on the listCompanies selected based on key performance indicators related to corporate social responsibility reports, sustainability reports and more Auburn Hills, Michigan, December ...
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BorgWarner Opens New Technical Center in India
Center will support OEMs in passenger and commercial vehicle markets both for Indian and for global customers Capacity for up to 250 BorgWarner engineers Inauguration ceremony took place yesterday in Bangalore BorgWarner has established ...
Read full articleBorgWarner Announces Intent to Spin Off Fuel Systems and Aftermarket Segments, Consistent with “Charging Forward” Strategy
Would Create Two Leading, Focused Companies Positioned to Drive Value CreationUpon Completion, Would Achieve 2025 Disposition Objective as Part of “Charging Forward” StrategyManagement to Discuss Intended Separation on Conference Call ...
Read full articleBorgWarner Acquires Drivetek AG
Strengthens specialty power electronics capabilitiesSupports growth of High Voltage eFan businessAuburn Hills, Michigan, December 2, 2022 – BorgWarner Inc. (NYSE: BWA) today announced that it has acquired Drivetek AG.Headquartered in Switzerland, ...
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BorgWarner Announces Battery Systems Factory in Brazil
New facility will manufacture battery systems Modular, scalable, and flexible systems adaptable to any vehicle Start of operations planned for the first quarter of 2023 Piracicaba, Brazil, November 25th, 2022 – BorgWarner announces a ...
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BorgWarner Sites Celebrated Production of 1,000,000th Inverter and 13,500,000th Viper Power Switch
Two BorgWarner production facilities achieved major milestones: Suzhou facility producing its 1,000,000th inverter and the Singapore facility producing its 13,500,000th Viper power switch The patented Viper power switches enable high ...
Read full articleBorgWarner Declares Quarterly Dividend
Auburn Hills, Michigan, November 10, 2022 – On November 9, 2022, the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.17 per share of common stock. The dividend is payable on December 15, 2022 ...
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