BorgWarner Inc. (N:BWA)

Mar 28, 2024 09:00 am ET
BorgWarner Awarded on Newsweek's Most Trustworthy Companies in America 2024 List
AUBURN HILLS, Mich., March 28, 2024 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, has been awarded on Newsweek's list of Most Trustworthy Companies in America 2024. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on March 27th, 2024, and can be viewed on Newsweek.com.
Mar 21, 2024 04:15 pm ET
Webcast Alert: BorgWarner 2024 First Quarter Results Conference Call
AUBURN HILLS, Mich., March 21, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Feb 22, 2024 06:53 pm ET
BorgWarner Recommends Stockholders Reject the Below Market Mini-Tender Offer by TRC Capital Investment Corporation
AUBURN HILLS, Mich., Feb. 22, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("the Company") today announced that it has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation of Ontario, Canada, to purchase up to 4 million shares of BorgWarner common stock at a price of $28.80 per share in cash. TRC Capital Investment's offer price of $28.80 per share represents a 4.51% discount below BorgWarner Inc.'s closing price on February 20, 2024, the last trading day before the offer commenced (which represents a 5.94% discount below BorgWarner Inc.'s closing pri
Feb 14, 2024 08:00 am ET
BorgWarner Awarded on the Forbes America's Best Employers 2024 List
AUBURN HILLS, Mich., Feb. 14, 2024 /PRNewswire/ -- BorgWarner has been awarded on the Forbes list of America's Best Employers 2024. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on February 13th, 2024, and can currently be viewed on the Forbes website.
Feb 08, 2024 07:00 am ET
BorgWarner Secures Boosted Dual Inverter Business with Chinese OEM
Dual inverters with boost to be featured on automaker's PHEVs and REEVsTechnology offers high integration, dynamic performance and flexibilityAUBURN HILLS, Mich., Feb. 8, 2024 /PRNewswire/ -- BorgWarner has secured a contract with a major Chinese OEM to supply its dual inverter with boost function on a series of the automaker's plug-in hybrid (PHEV) and range extended (REEV) electric vehicle passenger car platforms. The boost module is directly integrated into the 400V dual inverter to achieve a higher power density as well as meet local hybrid architecture standards within the Chinese marke
Feb 08, 2024 07:00 am ET
BorgWarner Secures Contract Extending High Voltage Coolant Heater Business with Global OEM
High voltage coolant heaters (HVCH) will be incorporated on electric SUVs and passenger trucksTechnology regulates battery pack temperature and cabin heating in EVsTo be manufactured at BorgWarner's Cadillac, Michigan facilityAUBURN HILLS, Mich., Feb. 8, 2024 /PRNewswire/ -- BorgWarner has extended its contract to supply 400V high voltage coolant heaters (HVCH) to a major global OEM. The technology will be used on the automaker's battery-electric light-vehicle platforms, specifically SUV and passenger truck programs. The business win is one of three contracts secured with North American OEMs
Feb 08, 2024 07:00 am ET
BorgWarner Strengthens eMotor Business with XPeng
Production began January 2024 for use on XPeng's X9 MPVStator winding technology delivers industry-leading power density and efficiencyOil cooling improves motor heat dissipationAUBURN HILLS, Mich., Feb. 8, 2024 /PRNewswire/ -- BorgWarner has begun eMotor rotor and stator production for XPeng Motors, a leading Chinese Smart EV company. The product will be used on the X9 MPV as well as XPeng's next electric B-class sedan, with start of production planned for Q3 2024. The high voltage hairpin (HVH) 220 eMotor offers high power and torque density, plus higher efficiency at a competitive cost. I
Feb 08, 2024 05:30 am ET
BORGWARNER DECLARES QUARTERLY DIVIDEND
AUBURN HILLS, Mich., Feb. 8, 2024 /PRNewswire/ -- On February 7, 2024, the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.11 per share of common stock. The dividend is payable on March 15, 2024, to stockholders of record on March 1, 2024.
Feb 08, 2024 05:30 am ET
BorgWarner Reports Full Year 2023 Results, Expects 2024 eProduct Sales to Grow Approximately 25% to 40%
AUBURN HILLS, Mich., Feb. 8, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported fourth quarter and full-year results.
Feb 08, 2024 05:30 am ET
BorgWarner Signs International Strategic Relationship Agreement with FinDreams Battery for LFP Battery Packs
BorgWarner to be the preferred manufacturer of LFP battery packs for commercial vehicle markets (class 3 and above) in Europe, the Americas, and parts of Asia Pacific AUBURN HILLS, Mich., Feb. 8, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced a strategic relationship agreement with FinDreams Battery, a subsidiary of BYD Company Limited. Under this agreement, BorgWarner will be the only non-OEM localized manufacturer, unaffiliated with FinDreams Battery, with rights to localize LFP battery packs for commercial vehicles utilizing FinDreams Battery blade cells in Europe, the A
Feb 06, 2024 07:47 am ET
Fermata Energy Announces Groundbreaking Integration with BorgWarner Bidirectional Chargers to Enhance V2X Charging Capabilities for EV Fleets
Fermata Energy, a pioneer in intelligent bidirectional technology solutions, today announced the integration of its Vehicle-to-Everything (V2X) services platform with bidirectional EV chargers manufactured by BorgWarner Inc. (NYSE: BWA). Together, the companies are accelerating ongoing efforts to integrate bidirectional charging capabilities with a variety of automotive OEMs. This announcement underscores Fermata Energy’s commitment to a global renewable energy ecosystem and promotes wider accessibility while lowering the electric vehicle Total Cost of Ownership (TCO) through intelligent bidir
Feb 05, 2024 09:00 am ET
BorgWarner Named to Fortune's 2024 World's Most Admired Companies List
Marks second consecutive year BorgWarner has been included on the listBorgWarner is one of fifteen automotive parts suppliers namedTalent attraction and retention, social responsibility and investment value were factored into rankingsAUBURN HILLS, Mich., Feb. 5, 2024 /PRNewswire/ -- BorgWarner has been named one of 317 companies included on Fortune magazine's 2024 World's Most Admired Companies list. This is the second consecutive year BorgWarner has achieved the accolade, and it increased its rank within the "motor vehicle parts" category 6th from to 4th.
Feb 01, 2024 03:15 pm ET
Webcast Alert: BorgWarner 2023 Fourth Quarter and Full-Year Results Conference Call
AUBURN HILLS, Mich., Feb. 1, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Jan 24, 2024 09:00 am ET
BorgWarner Presents Josef Newgarden and Roger Penske with Coveted Baby Borg Trophies
Josef Newgarden is the latest Indianapolis 500 winner to receive the commemorative trophyRoger Penske received a Championship Team Owner's Trophy honoring Team Penske's 19th Indianapolis 500 winAwards ceremony held at the Henry Ford Museum of American InnovationAUBURN HILLS, Mich., Jan. 24, 2024 /PRNewswire/ -- BorgWarner presented Josef Newgarden with his very own Baby Borg, officially named the BorgWarner Championship Driver's Trophy™, last night during an awards ceremony at the Henry Ford Museum of American Innovation in Dearborn, Michigan. The miniature replica of the Borg-Warner Trophy®
Jan 10, 2024 05:00 am ET
BorgWarner Announces New Joint Venture for Business Growth in the Chinese Electric Commercial Vehicle Market
Agrees to form joint venture with Shaanxi Fast Auto Drive GroupHigh-voltage inverter for commercial vehicles strengthens BorgWarner's product portfolioAUBURN HILLS, Mich., Jan. 10, 2024 /PRNewswire/ -- BorgWarner is continuing to expand its product portfolio for battery electric and hybrid commercial vehicles by agreeing to form a joint venture with Shaanxi Fast Auto Drive Group, a China-based market-leading commercial vehicle (CV) parts supplier specializing in transmission and drivetrain systems.
Jan 03, 2024 03:15 pm ET
Webcast Alert: BorgWarner 2023 Fourth Quarter and Full Year Results Conference Call
AUBURN HILLS, Mich., Jan. 3, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Dec 18, 2023 08:04 am ET
Josef Newgarden Becomes 110th Addition to Borg-Warner Trophy® Highlighting 2023 Indianapolis 500 Victory
Josef Newgarden's sculpted face was unveiled at a ceremony on FridayMarks the 110th driver's face to be affixed onto the trophyNewgarden is the first American Indy 500 winner to be featured since 2016AUBURN HILLS, Mich., Dec. 18, 2023 /PRNewswire/ -- To commemorate his victory at the 107th Indianapolis 500, Josef Newgarden received the honor of having his sterling silver image affixed onto the Borg-Warner Trophy®. The trophy was unveiled Friday evening at The Stutz Museum in Indianapolis as part of a ceremony hosted by Indianapolis Motor Speedway. Newgarden, who races for Team Penske, is a T
Dec 07, 2023 08:00 am ET
BorgWarner Awarded on Newsweek's America's Most Responsible Companies 2024 List
Marks the fifth consecutive year BorgWarner has been includedReaffirms BorgWarner's environmental, social and corporate governance (ESG) effortsCompanies scored and ranked by KPI research and public survey findingsAUBURN HILLS, Mich., Dec. 7, 2023 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, has been awarded on Newsweek's list of America's Most Responsible Companies 2024. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was a
Dec 06, 2023 08:00 am ET
BorgWarner Participates in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index
Index acts as benchmark to measure policies, practices and benefits relating to LBGTQ+ employeesIncluded for third consecutive yearAUBURN HILLS, Mich., Dec. 6, 2023 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, has been included again on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index (CEI), the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. The company joins the ranks of 1,384 major U.S. busines
Dec 05, 2023 07:00 am ET
BorgWarner Announces CFO Succession Plan
Kevin Nowlan, Executive Vice President and CFO, to RetireCraig Aaron Promoted to Executive Vice President and CFO, Effective March 1, 2024AUBURN HILLS, Mich., Dec. 5, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("the Company") today announced that Kevin Nowlan has decided to retire as Executive Vice President and Chief Financial Officer ("CFO") after a 28-year career in finance. Craig Aaron, BorgWarner's current Vice President and Controller, will succeed Mr. Nowlan as Executive Vice President and CFO, effective March 1, 2024. Mr. Nowlan will remain with the Company in an advisory capac
Dec 01, 2023 01:00 am ET
BorgWarner Completes Acquisition of Eldor Corporation's Electric Hybrid Systems Business Segment
AUBURN HILLS, Mich., Dec. 1, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announced today that it has completed its acquisition of the Electric Hybrid Systems business segment of Eldor Corporation ("Eldor"). The acquisition is an important complement to the ePropulsion portfolio, especially as it relates to expansion in high-voltage power electronics beyond the inverter. "We are pleased to complete the acquisition and welcome Eldor's talented employees to BorgWarner," said Frédéric Lissalde, President and CEO of BorgWarner. 
Nov 09, 2023 05:30 am ET
BORGWARNER DECLARES QUARTERLY DIVIDEND
AUBURN HILLS, Mich., Nov. 9, 2023 /PRNewswire/ -- On November 8, 2023, the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.11 per share of common stock. The dividend is payable on December 15, 2023, to stockholders of record on December 1, 2023.
Nov 02, 2023 08:00 am ET
BorgWarner Increases Power Electronics Business with Premium European OEM
Combined Inverter and DC/DC Converter (CIDD) supply contract extendedCIDD offers compact solution to manage electric drive and accessory systemsTechnology intended for use in premium European OEM's all-wheel drive B and C segment hybrid applicationsAUBURN HILLS, Mich., Nov. 2, 2023 /PRNewswire/ -- BorgWarner has been awarded increased business by a premium European OEM to supply additional Combined Inverter and DC/DC Converter (CIDD) units for use in the company's all-wheel-drive B and C segment hybrid applications. By combining the inverter and converter elements, the compact CIDD can manag
Nov 02, 2023 08:00 am ET
BorgWarner Secures Contract with Global OEM to Deliver High Voltage Coolant Heaters
Technology intended for use on the automaker's European light vehicle programSupports customer in optimizing heating to enable fast chargingSOP slated for 2026AUBURN HILLS, Mich., Nov. 2, 2023 /PRNewswire/ -- BorgWarner has reached an agreement with a major global OEM to supply its 400V high voltage coolant heaters (HVCH) for the automaker's European light vehicle program. The anticipated start of production for the HVCH technology is in 2026. This business win marks the second HVCH contract secured with the global automaker over the course of two months, with the wins spanning different reg
Nov 02, 2023 08:00 am ET
BorgWarner to Supply Bi-Directional 800-Volt Onboard Charger to Major North American OEM
800V Onboard Battery Charger (OBC) to be used on OEM's premium battery electric vehicle (BEV) platformsLeverages BorgWarner's silicon carbide (SiC) technology and bi-directional vehicle-to-load (V2L) featureOffers various degrees of power including 19.2kW single phase and 22kW three phase operationMarks BorgWarner's first Onboard Charger win in North AmericaAUBURN HILLS, Mich., Nov. 2, 2023 /PRNewswire/ -- BorgWarner has clinched an agreement with a major North American OEM to supply its bi-directional 800V Onboard Charger (OBC) for the automaker's premium passenger vehicle battery electric
Nov 02, 2023 06:30 am ET
BorgWarner Reports Third Quarter 2023 Results, Announces Additional eProduct Awards Across Portfolio
AUBURN HILLS, Mich., Nov. 2, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported third quarter results.
Oct 26, 2023 04:15 pm ET
Webcast Alert: BorgWarner 2023 Third Quarter Results Conference Call
AUBURN HILLS, Mich., Oct. 26, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Sep 20, 2023 04:15 pm ET
Webcast Alert: BorgWarner 2023 Third Quarter Results Conference Call
AUBURN HILLS, Mich., Sept. 20, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Sep 12, 2023 11:45 am ET
BorgWarner Announces Reference Yields of its Cash Tender Offers for its Senior Notes
AUBURN HILLS, Mich., Sept. 12, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) (the "Company") today announced the Reference Yields for its previously announced cash tender offers (the "Tender Offers") for the securities set forth in the table below (the "Securities").  The Tender Offers are for up to an aggregate purchase price amount equal to $500,000,000 (the "Aggregate Tender Cap") (excluding Accrued Interest (as defined below)). All terms of the Tender Offers as described in the offer to purchase with respect to the Securities, dated August 28, 2023 (as it may be amended or supplemente
Sep 12, 2023 07:30 am ET
BorgWarner Announces Early Results of its Cash Tender Offers for its Senior Notes
AUBURN HILLS, Mich., Sept. 12, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) (the "Company") today announced the results as of the early tender date for its previously announced cash tender offers (the "Tender Offers") for the securities set forth in the table below (the "Securities"). The Tender Offers are for up to an aggregate purchase price amount equal to $500,000,000 (the "Aggregate Tender Cap") (excluding Accrued Interest (as defined below)). All terms of the Tender Offers as described in the offer to purchase with respect to the Securities, dated August 28, 2023 (as it may be amen
Aug 02, 2023 08:00 am ET
BorgWarner Secures eHeater Business Uplift with Premium European OEM
800V 3kW high voltage coolant heater optimizes battery thermal management to increase battery performance and extend electric vehicle rangeRobust thick film element technology provides fast response and long product lifeAUBURN HILLS, Mich., Aug. 2, 2023 /PRNewswire/ -- BorgWarner has been awarded additional high voltage coolant heater (HVCH) business with a premium European OEM for its mid-size electric vehicle platform, following an initial supply agreement in July 2022 for the OEM's small electric vehicle platform. The 800V 3kW HVCH single-plate heater will be used to maintain optimal batt
Aug 02, 2023 08:00 am ET
BorgWarner to Deliver High Voltage Coolant Heaters to Global Automotive Supplier for Series of OEM EV Platforms
BorgWarner to supply a global automotive thermal and energy management solutions supplier with high voltage coolant heaters (HVCH) for use on a series of EV platforms produced by a major OEMHVCH regulates battery pack temperature and cabin heating in EVAUBURN HILLS, Mich., Aug. 2, 2023 /PRNewswire/ -- BorgWarner has secured a contract with a global automotive thermal and energy management solutions supplier to deliver high voltage coolant heaters (HVCH) for use on a series of three electric vehicle (EV) platforms for a major OEM. The heater will be added to the supplier's heating and cooling
Aug 02, 2023 08:00 am ET
BorgWarner to Supply Integrated Drive Module for Leading Chinese OEM's Hybrid Vehicles
BorgWarner's integrated drive module (iDM) meets hybrid system needsTechnology demonstrates BorgWarner's leadership in the field of e-Propulsion systemsIntegration of technologies offers cost savingsAUBURN HILLS, Mich., Aug. 2, 2023 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, has announced it will supply a new integrated drive module (iDM) to a leading Chinese OEM. BorgWarner's technology enhances the overall hybrid driving experience through improved efficiency. It is anticipated that production will start in the second qu
Aug 02, 2023 06:30 am ET
BorgWarner Reports Second Quarter 2023 Results, Reports Additional Progress Towards Charging Forward 2027
AUBURN HILLS, Mich., Aug. 2, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported second quarter results.
Jul 27, 2023 06:30 am ET
BORGWARNER DECLARES QUARTERLY DIVIDEND
AUBURN HILLS, Mich., July 27, 2023 /PRNewswire/ -- On July 26, 2023, the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.11 per share of common stock.  The dividend is payable on September 15, 2023, to stockholders of record on September 1, 2023.
Jul 26, 2023 04:15 pm ET
Webcast Alert: BorgWarner 2023 Second Quarter Results Conference Call
AUBURN HILLS, Mich., July 26, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Jul 18, 2023 09:00 am ET
onsemi and BorgWarner Expand Strategic Collaboration for Silicon Carbide Worth Over $1 Billion in Lifetime Value
onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, and BorgWarner Inc. (NYSE: BWA), a global product leader in delivering innovative and sustainable mobility solutions, today announced the two companies are expanding their strategic collaboration for silicon carbide (SiC), making the total agreement worth over $1 billion in lifetime v
Jul 06, 2023 09:00 am ET
BorgWarner Named in U.S. News & World Report's 2023-2024 Best Companies to Work For
BorgWarner was one of 200 companies named in the inaugural listEvaluates companies based on how well workers' expectations are metWork-life balance, flexibility, pay and benefits included in key factorsAUBURN HILLS, Mich., July 6, 2023 /PRNewswire/ -- U.S. News & World Report, the global authority in rankings and consumer advice, has named BorgWarner one of the 2023-2024 Best Companies to Work For.
Jul 03, 2023 05:02 pm ET
BorgWarner Announces Completion of PHINIA Spin-Off
AUBURN HILLS, Mich., July 3, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced the successful completion of the spin-off of its Fuel Systems and Aftermarket segments into a separate, publicly-traded company named PHINIA (NYSE: PHIN).
Jun 28, 2023 06:08 pm ET
Fortrea Holdings and PHINIA Set to Join S&P SmallCap 600
NEW YORK, June 28, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the opening of trading on Thursday, July 6:
Jun 26, 2023 04:15 pm ET
Webcast Alert: BorgWarner 2023 Second Quarter Results Conference Call
AUBURN HILLS, Mich., June 26, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Jun 23, 2023 10:00 am ET
BorgWarner to Deliver Electric Variable Cam Timing Technology to Global OEM
Technology to be used in select four-cylinder engineseVCT reduces emissions and significantly improves fuel economy and performanceSOP slated for December 2024AUBURN HILLS, Mich., June 23, 2023 /PRNewswire/ -- BorgWarner has secured a contract to deliver its latest electric variable cam timing (eVCT) technology for use in a major global OEM's four-cylinder engine. This business win highlights the first production of BorgWarner's eVCT and is anticipated to significantly improve fuel economy and performance while reducing emissions.
Jun 23, 2023 09:00 am ET
BorgWarner Releases 2023 Sustainability Report, Outlining its Progress on ESG Targets and Role in World's Transition to eMobility
Highlights company's commitment to being a sector leader in sustainabilityDemonstrates progress on Scope 1, 2 and 3 greenhouse gas emissions goalsTransitioning our workforce as we execute on Charging Forward 2027AUBURN HILLS, Mich., June 23, 2023 /PRNewswire/ -- BorgWarner (NYSE: BWA) today released its 2023 Sustainability Report, "Accelerating Action," highlighting the progress the company made in 2022 toward meeting its environmental stewardship, social responsibility and governance (ESG) objectives and outlining additional goals for 2023 and beyond.
Jun 19, 2023 08:00 am ET
BorgWarner to Acquire Eldor Corporation's Electric Hybrid Systems Business Segment
Complements and strengthens BorgWarner's electric product portfolioClosing expected in third quarter 2023AUBURN HILLS, Mich. , June 19, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) and Eldor Corporation S.p.A. today announced that they have entered into a Share Purchase Agreement under which BorgWarner has agreed to acquire the Electric Hybrid Systems (EHS) business segment of Eldor for €75 million at closing with a potential additional amount due subject to an earnout.
Jun 06, 2023 08:00 am ET
BorgWarner Unveils New Logo, Marking Its Transformation to eMobility
Logo is future-focused and dynamic, signaling a new chapter in BorgWarner's historyDecision to unveil based on strong progress versus Charging Forward objectivesCompany expects eProduct revenues of over $10 billion by 2027Reinforces BorgWarner's Vision of a clean, energy-efficient worldAUBURN HILLS, Mich., June 6, 2023 /PRNewswire/ -- BorgWarner unveiled its new logo underscoring the company's progress in its eMobility transformation through the execution of its Charging Forward strategy. The new logo is a visual representation of the company's transformation – it is future-focused, dynamic
Jun 06, 2023 07:00 am ET
BorgWarner Unveils Next Phase of Electrification Strategy at 2023 Investor Day
"Charging Forward: 2027" Builds on Company's Proven Track Record and Leading Market Positions Expecting to Deliver Enhanced, Sustainable Growth and Value Creation.
Jun 02, 2023 08:00 am ET
BorgWarner names PHINIA Chairman and Board of Directors Ahead of Spin-Off
AUBURN HILLS, Mich., June 2, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced that Rohan S. Weerasinghe, General Counsel, Citigroup, Inc. (retired) is expected to serve as Non-Executive Chairman of PHINIA Inc. following completion of the previously announced spin-off of the Fuel Systems and Aftermarket segments into a separate, publicly traded company.
May 31, 2023 04:15 pm ET
Webcast Alert: BorgWarner 2023 Investor Day
AUBURN HILLS, Mich., May 31, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following webcast:
May 30, 2023 09:00 am ET
Long-Time Borg-Warner Trophy® Sculptor William Behrends Presented with Honorary Baby Borg
Award presented at annual Indianapolis 500 Victory CelebrationBehrends has sculpted Indy 500 winners for past 33 yearsThirty-three coincides with the number of drivers in the Indy 500 starting lineAUBURN HILLS, Mich., May 30, 2023 /PRNewswire/ -- William Behrends, the sculptor behind the iconic faces on the prestigious Borg-Warner Trophy®, has been honored with his very own Championship Driver's Trophy™ also known as the "Baby Borg" – a miniature version of the 110-pound sterling silver Borg-Warner Trophy – commemorating his dedication to his craft as well as the legendary Indianapolis 500 r
May 29, 2023 08:44 pm ET
Borg-Warner Trophy® Awarded to 2023 Indianapolis 500 Winner Josef Newgarden
Josef Newgarden's name added to the prestigious list of Indy 500 victorsNewgarden beat defending champion Marcus Ericsson in fourth closest finish in Indy 500 history by 0.974 secondsBorgWarner's Engineered for Racing (EFR™) turbochargers featured on all NTT INDYCAR SERIES© racecars since 2012AUBURN HILLS, Mich., May 29, 2023 /PRNewswire/ -- After crossing the finish line at the 2023 Indianapolis 500 at the Indianapolis Motor Speedway (IMS) in the fourth closest finish in Indy 500 history, Josef Newgarden was crowned the winner of the 107th Indianapolis 500 and awarded the Borg-Warner Trophy
May 19, 2023 02:10 pm ET
Three Engineers Honored with 2023 Louis Schwitzer Award for NTT INDYCAR SERIES' Shell 100% Renewable Race Fuel
Selda Gunsel, Ph.D., Bassem Kheireddin, Ph.D. and Jung Fang, Ph.D. received the 57th annual awardAward celebrates engineers behind the technologies powering NTT INDYCAR® SERIES racecarsBorgWarner and the Indiana Section of the Society of Automotive Engineers International sponsor the awardAUBURN HILLS, Mich., May 19, 2023 /PRNewswire/ -- Today at the Indianapolis Motor Speedway (IMS), BorgWarner celebrated three individuals – Selda Gunsel, Ph.D., Bassem Kheireddin, Ph.D. and Jung Fang, Ph.D. – who were honored with the 2023 Louis Schwitzer Award for their Shell 100% Renewable Race Fuel, whic
May 18, 2023 04:15 pm ET
Webcast Alert: BorgWarner 2023 Investor Day
AUBURN HILLS, Mich., May 18, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following webcast:
May 18, 2023 10:00 am ET
BorgWarner Dixon Awarded CEO's Safety Excellence Award, Recorded Over One Million Accident-Free Working Hours
Accident-free working hours exceeds one million at BorgWarner Dixon located in Illinois, USBorgWarner CEO Frédéric Lissalde and President and General Manager Emissions, Thermal and Turbo Systems Joseph Fadool presented award at special ceremonyLocal organizations and summer program chosen for award fundAUBURN HILLS, Mich., May 18, 2023 /PRNewswire/ -- BorgWarner's manufacturing site in Dixon, Illinois, US has been awarded the 2022 CEO's Safety Excellence Award after recording over one million accident-free working hours. The site continued their commitment to safety by achieving ISO 45001 ce
May 15, 2023 10:00 am ET
BorgWarner's Rolling Jackpot Reaches $420,000, Marcus Ericsson Can Claim with Back-to-Back Indianapolis 500 Win
BorgWarner increased jackpot award by $20,000 this yearJackpot claimed only once since in 2002Only five drivers have won the Indy 500 back-to-backAUBURN HILLS, Mich., May 15, 2023 /PRNewswire/ -- The BorgWarner rolling jackpot continues to grow, currently totaling $420,000, (4,305,924 krona) awaiting the moment a driver wins the Indianapolis 500 two years in a row to claim the prize. This year, Marcus Ericsson, the 2022 winner of the race, is in position to receive the jackpot if he wins for a second consecutive year.
May 10, 2023 08:00 am ET
BorgWarner Launches Exclusive Co-Branded Borg-Warner Trophy® Merchandise with Indianapolis Motor Speedway
Merchandise exclusively available through Legends retail operationsFirst time officially licensed BorgWarner Trophy® and Indianapolis Motor Speedway co-branded items have been available for sale to fansCollaboration bolsters relationship with Indianapolis Motor Speedway and LegendsAUBURN HILLS, Mich., May 10, 2023 /PRNewswire/ -- For the first time, BorgWarner has collaborated with the Indianapolis Motor Speedway (IMS) on co-branded BorgWarner Trophy® merchandise, which will be available exclusively through Legends, the official retail partner of INDYCAR and IMS since 2014. The officially li
May 04, 2023 08:00 am ET
BorgWarner Secures eFan Business for Battery-Electric Truck from Global OEM
BorgWarner to supply entire system, including fan, e-motor and integrated inverterStart of production slated for Q4 2025Acquisition of Drivetek AG in December 2022 supported new business winAUBURN HILLS, Mich., May 4, 2023 /PRNewswire/ -- BorgWarner has been selected to supply its high-voltage eFan system to a global commercial vehicle OEM for use in both the European and North American markets. This marks the first eFan system business in North America for BorgWarner, as well as its first global win in the eFan high-voltage, low-power segment. The eFan system, which can be applied to batter
May 04, 2023 08:00 am ET
BorgWarner to Provide Battery Packs for Electric Buses to Global Power Technology Company
BorgWarner's ultra-high energy battery packs provide active cooling and deliver industry-leading energy densityPacks feature state-of-the-art safety elements that satisfy strict industry standardsProduction of packs kicked off in March 2023AUBURN HILLS, Mich., May 4, 2023 /PRNewswire/ -- BorgWarner has been selected by a global power technology leader to supply battery packs for a series of electric buses. BorgWarner will provide a pair of standardized ultra-high energy packs and a battery management system that the company will integrate into its electrification package for each vehicle. Th
May 04, 2023 08:00 am ET
BorgWarner to Supply eMotors for Leading Automotive Manufacturer in China
BorgWarner's High-Voltage Hairpin (HVH) eMotors to be used in the automaker's Dedicated Hybrid Transmission (DHT) and Range Extended Electric Vehicle (REEV)Company expands into DHT and REEV market with high efficiency, small size and competitive motor productsFurther strengthens BorgWarner's leadership in hairpin motor technologyAUBURN HILLS, Mich., May 4, 2023 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, has been selected to provide HVH eMotors to a leading automotive manufacturer in China. The eMotor
May 04, 2023 06:30 am ET
BorgWarner Reports First Quarter 2023 Results, Expects 2023 eProduct Sales of $2.3 Billion to $2.6 Billion
AUBURN HILLS, Mich., May 4, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported first quarter results.
Apr 28, 2023 09:00 am ET
BorgWarner Partners with the School District of the City of Pontiac to Offer Industry-First Charging System for Buses
Infrastructure development utilizes Environmental Protection Agency (EPA) Clean School Bus Program fundingMarks the first EPA-funded school bus program to use BorgWarner's proprietary sequential charging, which can support up to five dispensers per direct current fast charger (DCFC)Enables vehicle-to-grid (V2G) readiness, providing a means to better optimize energy usageAUBURN HILLS, Mich., April 28, 2023 /PRNewswire/ -- BorgWarner is partnering with the School District of the City of Pontiac to provide proprietary sequential charging with its direct current fast chargers (DCFC) for the dist
Apr 27, 2023 04:15 pm ET
Webcast Alert: BorgWarner 2023 First Quarter Results Conference Call
AUBURN HILLS, Mich., April 27, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Apr 27, 2023 06:30 am ET
BORGWARNER DECLARES QUARTERLY DIVIDEND
AUBURN HILLS, Mich., April 27, 2023 /PRNewswire/ -- On April 26, 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 June 15, 2023, to stockholders of record on June 1, 2023.
Apr 21, 2023 11:00 am ET
BorgWarner Engineering Director Named Recipient of 2023 Women MAKE Award
Women MAKE Awards recognize women in science, technology, engineering and production careers who exemplify leadership within their companiesCarol Cai is the seventh consecutive BorgWarner leader to receive this awardRecipients were honored at an awards gala on April 20 in Washington, D.C.AUBURN HILLS, Mich., April 21, 2023 /PRNewswire/ -- BorgWarner's Carol Cai, Engineering Director, was honored as a 2023 Women MAKE Award recipient for her outstanding contributions to the manufacturing industry. The Women MAKE Awards, formerly known as the STEP Ahead Awards, recognize women in science, techn
Apr 19, 2023 02:00 pm ET
BorgWarner Announces Plan to Invest $20 Million in Michigan Facilities, Create 186 Jobs
Investment to span three existing Michigan facilities and a new EV battery service centerPlan enables the acceleration of electric vehicle product development and testing while increasing U.S. domestic manufacturing capabilitiesBorgWarner received a $1.86 million grant from the Michigan Economic Development Corporation (MEDC)AUBURN HILLS, Mich., April 19, 2023 /PRNewswire/ -- BorgWarner has announced its plan to invest $20 million into expanding the capabilities of three existing Michigan-based facilities and developing a new electric vehicle (EV) battery service center. As a result of the i
Apr 19, 2023 02:00 pm ET
BorgWarner to Expand South Carolina Facility, add 3GWh Battery Pack Production with $42 Million Investment
Investment to create 122 jobs at BorgWarner's existing Seneca, South Carolina facilityPlan enables the growth of the company's battery module and pack production in the U.S.Company received support from the State of South Carolina and Oconee County to aid in the expansionAUBURN HILLS, Mich., April 19, 2023 /PRNewswire/ -- BorgWarner announced today its plan to invest $42 million into the expansion of its Seneca, South Carolina production facility. The investment will be allocated to building and equipment upgrades as well as the development of new manufacturing lines to launch the production
Mar 23, 2023 04:15 pm ET
Webcast Alert:BorgWarner 2023 First Quarter Results Conference Call
AUBURN HILLS, Mich., March 23, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Feb 14, 2023 07:00 am ET
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, Mich., Feb. 14, 2023 /PRNewswire/ -- 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 of the separate, publicly traded company that will result from completion of the previously announced proposed spin-off of BorgWarner's Fuel Systems and Aftermarket segments.  BorgWarner also announced today that the intended company name is "PHINIA Inc." ("PHINIA"). 
Feb 09, 2023 07:00 am ET
BorgWarner Expands Silicon Carbide Inverter Business with Major Global OEM
800V inverter technology offers ideal scalability, superior efficiency and high power densityBuilds upon 400V inverter business with the automakerSOP is 2025 for battery electric vehicle (BEV) platformsAUBURN HILLS, Mich., Feb. 9, 2023 /PRNewswire/ -- BorgWarner is building upon its current 400V inverter business with a major global OEM by now also supplying 800V silicon carbide-based (SiC) inverters. The efficient and scalable high-voltage inverters are destined for battery electric vehicle (BEV) platforms. Two variants will be used in the passenger BEVs: one 250kW for passenger cars and al
Feb 09, 2023 05:30 am ET
BORGWARNER DECLARES QUARTERLY DIVIDEND
AUBURN HILLS, Mich., Feb. 9, 2023 /PRNewswire/ -- 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 stockholders of record on March 1, 2023.
Feb 09, 2023 05:30 am ET
BorgWarner Reports Full Year 2022 Results Ahead of Guidance, Expects 2023 Electric Vehicle Sales of $1.5 Billion to $1.8 Billion
AUBURN HILLS, Mich., Feb. 9, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported 2022 fourth quarter and full-year results.
Feb 08, 2023 07:00 am ET
BorgWarner Appoints Hau Thai-Tang to its Board of Directors
AUBURN HILLS, Mich., Feb. 8, 2023 /PRNewswire/ -- BorgWarner announced today that Hau Thai-Tang has been named to its Board of Directors.
Feb 03, 2023 09:00 am ET
BorgWarner Awards Baby Borg Trophy to 2022 Indianapolis 500 Winner Marcus Ericsson
Marks the first Baby Borg that Marcus Ericsson has receivedChip Ganassi receives Championship Team Owner's Trophy™ for sixth timeAUBURN HILLS, Mich., Feb. 3, 2023 /PRNewswire/ -- BorgWarner presented Marcus Ericsson with his first BorgWarner Championship Driver's Trophy™, fondly known as the Baby Borg, in commemoration of his victory at the 106th Indianapolis 500. The trophy presentation took place on February 2nd at a special ceremony at The Thermal Club in Palm Springs, California.
Feb 02, 2023 03:15 pm ET
Webcast Alert: BorgWarner 2022 Fourth Quarter and Full Year Results Conference Call
AUBURN HILLS, Mich., Feb. 2, 2023 /PRNewswire/ -- FirstCall / -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Jan 31, 2023 08:00 am ET
BorgWarner Included in 2023 Bloomberg Gender-Equality Index
The GEI provides insight into an opaque area of ESG data reportingBorgWarner has received the recognition four consecutive yearsIndex measures gender equality across equal pay & gender pay parity, leadership & talent pipeline, inclusive culture and moreAUBURN HILLS, Mich., Jan. 31, 2023 /PRNewswire/ -- BorgWarner today announced that it joins 484 other companies as a member of the 2023 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index developed to gauge the performance of public companies dedicated to reporting gender-related data. This reference
Jan 05, 2023 03:15 pm ET
BorgWarner 2022 Fourth Quarter and Full Year Results Conference Call
AUBURN HILLS, Mich., Jan. 5, 2023 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Dec 15, 2022 06:30 am ET
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 baselineBorgWarner submits science-based targets for Scope 1, 2 and 3 emissions to SBTiTarget aligns with BorgWarner's Charging Forward business strategyAUBURN HILLS, Mich., Dec. 15, 2022 /PRNewswire/ -- BorgWarner announced today its commitment to reduce its absolute Scope 3 emissions by at least 25% by 2031 from a 2021 baseline. This Scope 3 target, along with BorgWarner's previously announced target to achieve 85% absolute Scope 1 and Scope 2 emissions reduction by 2030 (from a 2021 baseline), were formally submitt
Dec 02, 2022 06:30 am ET
BorgWarner Acquires Drivetek AG
Strengthens specialty power electronics capabilitiesSupports growth of High Voltage eFan businessAUBURN HILLS, Mich., Dec. 2, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced that it has acquired Drivetek AG.
Nov 16, 2022 06:16 am ET
BorgWarner to Invest $500 Million in Wolfspeed, Securing up to $650 Million in Annual Capacity for Silicon Carbide Devices
BorgWarner will participate in Wolfspeed's financing transaction announced earlier today to support Wolfspeed's multi-year capacity expansion planAccess to a dedicated supply of silicon carbide (SiC) devices is significant to BorgWarner's inverter growth plan and Charging Forward objectivesWolfspeed and BorgWarner are also exploring a deeper collaboration for the purpose of accelerating technology development DURHAM, N.C. and AUBURN HILLS, Mich., Nov. 16, 2022 /PRNewswire/ -- Wolfspeed, Inc. (NYSE: WOLF), the global leader in Silicon Carbide technology, and BorgWarner Inc. (NYSE: BWA), a glo
Nov 10, 2022 05:30 am ET
BORGWARNER DECLARES QUARTERLY DIVIDEND
AUBURN HILLS, Mich., Nov. 10, 2022 /PRNewswire/ -- 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 to stockholders of record on December 1, 2022.
Oct 31, 2022 10:12 am ET
BorgWarner Recognized as a Finalist in Ragan's Prestigious PR Daily Awards
BorgWarner named a finalist in Ragan's PR Daily AwardsWinners will be recognized on November 2 in New York CityAUBURN HILLS, Mich., Oct. 31, 2022 /PRNewswire/ -- BorgWarner has been named as a finalist in Ragan's PR Daily Awards in the re-branding and re-positioning category.
Oct 27, 2022 12:00 pm ET
BorgWarner Announces Latest Addition to the Borg-Warner Trophy®: 2022 Indianapolis 500 Winner Marcus Ericsson
Marcus Ericsson becomes the 109th face to be sculpted onto the exclusive trophyMarks Ericsson's first win and Chip Ganassi Racing's fifth at the Indy 500 since 2000AUBURN HILLS, Mich., Oct. 27, 2022 /PRNewswire/ -- Marcus Ericsson has solidified his place in BorgWarner history by becoming the 109th face to be affixed to the Borg-Warner Trophy following his victory at the 106th Indianapolis 500. Ericsson's sterling silver image was officially unveiled during a ceremony at Union 50 in downtown Indianapolis as part of a special event hosted by the Indianapolis Motor Speedway. Ericsson, a Sweden
Oct 27, 2022 09:47 am ET
BorgWarner's iDM Powers a Leading Chinese Automobile Manufacturer, Creating Better Driving Experience
BorgWarner to supply a Chinese automobile manufacturer with its integrated drive module (iDM) for a P4 hybrid architectureHigh voltage iDM has high power density and high torque outputInverter equipped with patented dual-side cooled Viper power switch technology to reduce weight and size while increasing power densityAUBURN HILLS, Mich., Oct. 27, 2022 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, will supply its electric integrated drive module (iDM) to a leading Chinese domestic automobile manufacturer
Oct 27, 2022 08:00 am ET
BorgWarner to Supply Electric Motors for E-Axles of European Commercial Vehicle OEM
BorgWarner HVH250 electric motor will power e-axle for light duty commercial trucksTwo BorgWarner electric motors per e-axleThe company's eMotor delivers peak efficiencies of more than 95 percentAUBURN HILLS, Mich., Oct. 27, 2022 /PRNewswire/ -- BorgWarner's HVH250 electric motor has been selected to power a European customer's e-axle for light-duty commercial trucks. This e-axle is designed to equip new electric light commercial trucks ranging up to 7.5 tons as well as conversions of existing internal combustion engine powered fleets of city center delivery vehicles. Production is expected
Oct 27, 2022 06:30 am ET
BorgWarner on Track to Achieve Milestone of $4 Billion of Electric Vehicle Revenue by 2025
AUBURN HILLS, Mich., Oct. 27, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported third quarter results.
Oct 20, 2022 04:15 pm ET
Webcast Alert: BorgWarner 2022 Third Quarter Results Conference Call
AUBURN HILLS, Mich., Oct. 20, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Oct 13, 2022 07:00 am ET
BorgWarner Vice President and General Manager Inducted into Women in Manufacturing Hall of Fame
Women in Manufacturing Hall of Fame honors women who have made exceptional contributions to support, promote and inspire women in the manufacturing industryPei Wang included in class of 13 women inducted into the 2022 Hall of FameInductees were chosen based on their contributions toward the advancement of women in manufacturingAUBURN HILLS, Mich., Oct. 13, 2022 /PRNewswire/ -- BorgWarner's Pei Wang, Vice President and General Manager, Asia, has been inducted into the 2022 class of the Women in Manufacturing (WiM) Hall of Fame. The WiM Hall of Fame recognizes women who have made exceptional c
Sep 22, 2022 08:00 am ET
BorgWarner Appoints Sailaja Shankar to its Board of Directors
AUBURN HILLS, Mich., Sept. 22, 2022 /PRNewswire/ -- BorgWarner announced today that Sailaja Shankar has been named to its Board of Directors.
Sep 20, 2022 07:00 am ET
BorgWarner to Acquire Charging Business of Hubei Surpass Sun Electric (SSE)
Supports continued expansion in DC Fast Charging MarketComplements existing BorgWarner European and North American charging footprint by adding China presenceLeverages BorgWarner's global capabilities across quality, engineering, supply chain, manufacturing, and salesClosing expected in first quarter 2023AUBURN HILLS, Mich., Sept. 20, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) and Hubei Surpass Sun Electric (SSE) today announced that they have entered into an Equity Transfer Agreement under which BorgWarner has agreed to acquire the Electric Vehicle Solution, Smart Grid and Smart Energ
Sep 15, 2022 04:15 pm ET
Webcast Alert: BorgWarner 2022 Third Quarter Results Conference Call
AUBURN HILLS, Mich., Sept. 15, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Aug 10, 2022 08:00 am ET
BorgWarner Secures Second Integrated Drive Module Award with Hyundai Motor Company
Integrated drive module (iDM) to power a second Hyundai Motor Company (HMC) A-segment electric vehicle, with production starting in 2024Second iDM business award with HMC in less than 2 yearsTechnology provides high power density and efficiencyScalable, modular iDM design customizable to customer requirementsAUBURN HILLS, Mich., Aug. 10, 2022 /PRNewswire/ -- BorgWarner's iDM146 integrated drive module (iDM) has been selected by Hyundai Motor Company (HMC) to power an additional A-Segment electric vehicle platform, scheduled to start production in the third quarter of 2024. This new business
Aug 03, 2022 08:00 am ET
BorgWarner Secures Two Additional High-Voltage Coolant Heater Technology Wins
High-Voltage Coolant Heater (HVCH) enables improved battery performance, longer range, faster charging speed and comfortable cabin climateThe cost-effective solution features a compact and modular design, high thermal power density and fast response timeAddresses 800V vehiclesAUBURN HILL, Mich., Aug. 3, 2022 /PRNewswire/ -- BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, has been awarded business with one global automaker and one Chinese automaker to provide its advanced High-Voltage Coolant Heater (HVCH) technology for their ne
Aug 03, 2022 08:00 am ET
BorgWarner Selected to Deliver Battery System for Electric Commercial Vehicle
Solution among highest energy density battery systems available on marketElectric vehicle range increased significantly compared to prior developmentTotal cost of ownership minimized for an electrified commercial vehicle (eCV)AUBURN HILLS, Mich., Aug. 3, 2022 /PRNewswire/ -- BorgWarner's AKASOL ultra-high energy battery system has been selected by a European manufacturer to power its first range of heavy-duty electric trucks. Series production of the 4x2 rigid axle, 18-ton truck and 6x2 rigid, 26-ton truck is scheduled to begin in the first quarter of 2024.
Aug 03, 2022 08:00 am ET
First BorgWarner Fast Charging Stations Installed in Italy
Offers high-speed charging, ease of use and longevityTwo charging points in one fast charging station optimizes space and installation costsRobust solution allows for easy maintenance and reliable operationAUBURN HILLS, Mich., Aug. 3, 2022 /PRNewswire/ -- The first units of BorgWarner's new fast-charging station, Iperion-120, have been installed by the Italian service provider Route220 and are ready to support drivers of electric vehicles on their journeys in Italy. The direct current (DC) device offers benefits for users and operators alike through its fast-charging options, easy to use ope
Aug 03, 2022 06:30 am ET
BorgWarner Acquires Rhombus Energy Solutions
Complements existing BorgWarner European charging footprint to accelerate organic growth and adds North American regional presence to charging businessSupports expansion in vehicle-to-grid (V2G) DC Fast Charging and enabling software marketLeverages BorgWarner's strength and capabilities across quality, engineering, supply chain, manufacturing, and sales                    AUBURN HILLS, Mich., Aug. 3, 2022  /PRNewswire/ - BorgWarner Inc. (NYSE: BWA) today announced that it has acquired Rhombus Energy Solutions. 
Aug 03, 2022 06:30 am ET
BORGWARNER ANNOUNCES ELECTRIFICATION PROGRESS AND REPORTS SECOND QUARTER RESULTS
AUBURN HILLS, Mich., Aug. 3, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported second quarter results.
Jul 29, 2022 06:30 am ET
BORGWARNER DECLARES QUARTERLY DIVIDEND
AUBURN HILLS, Mich., July 29, 2022 /PRNewswire/ -- On July 28, 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 September 15, 2022 to stockholders of record on September 1, 2022.
Jul 27, 2022 04:15 pm ET
Webcast Alert: BorgWarner 2022 Second Quarter Results Conference Call
AUBURN HILLS, Mich., July 27, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Jun 22, 2022 04:15 pm ET
Webcast Alert: BorgWarner 2022 Second Quarter Results Conference Call
AUBURN HILLS, Mich., June 22, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Jun 16, 2022 09:00 am ET
BorgWarner Releases 2022 Sustainability Report, Highlights Substantial ESG Progress
Progress aligned with company's Charging Forward strategy aimed at a net-zero carbon emissions futureDeveloping a Science Based Target Initiative greenhouse gas emissions reduction goal, committing to a new 85% Scope 1 and Scope 2 emissions reduction goal by 2030, and determining most crucial actions for CO2 emission reductionGoals set to advance workplace diversity, equity and inclusionPower to Evolve training program aimed at transforming our industry-leading automotive engineers into a cutting-edge team, developing electric vehicle productsSustainable Supply Chain strategy and roadmap dev
May 31, 2022 09:00 am ET
Borg-Warner Trophy® Presented to 2022 Indianapolis 500 Winner Marcus Ericsson
Marcus Ericsson will join the exclusive club of Indy 500 winnersEricsson secured victory in his fourth career Indy 500 start, topping his previous best of 11th place last yearBorgWarner's Engineered for Racing (EFR™) turbochargers featured on all NTT INDY CAR SERIES© racecarsINDIANAPOLIS, May 31, 2022 /PRNewswire/ -- Greeted in Victory Circle at the Indianapolis Motor Speedway, Marcus Ericsson of Sweden, the 2022 Indianapolis 500 winner, was presented with the Borg-Warner Trophy® by BorgWarner President and CEO, Frédéric Lissalde. Ericsson who drives for Chip Ganassi Racing, led 13 of 200 la
May 20, 2022 12:34 pm ET
2022 Louis Schwitzer Award Celebrates Engineers Behind NTT INDYCAR SERIES' EM Marshalling System Innovation
56th annual award presented to engineers Luca De Angelis, Luca Pierrettori, Taylor Prohaska and Simone PuscaAward sponsored by BorgWarner and presented by the Indiana Section of the Society of Automotive Engineers InternationalTechnology provides two-way over-the-air communication to each car, team, race control and track flag systemAUBURN HILLS, Mich., May 20, 2022 /PRNewswire/ -- Today, the 56th annual Louis Schwitzer Award was presented to EM Motorsport engineers Luca De Angelis, Luca Pierrettori and Simone Pusca, as well as NTT INDYCAR® SERIES engineer Taylor Prohaska for their creative
May 17, 2022 09:00 am ET
BorgWarner Recognized by Great Place to Work® on Certification Nation Day, a National Celebration of Outstanding Workplaces
Certification highlights BorgWarner's progressive and inclusive work environmentMarks third year in a row the company has received the designationGreat Place to Work Certification™ is an esteemed "employer-of-choice" recognition that companies aspire to achieveAUBURN HILLS, Mich., May 17, 2022 /PRNewswire/ -- Great Place to Work® has designated May 17, 2022 as Certification Nation Day to salute and recognize the companies working to create great places to work for all. BorgWarner is proud to celebrate its designation and be amongst the distinguished community of other Great Place to Work-Cer
May 10, 2022 09:00 am ET
BorgWarner's $400,000 Indianapolis 500 Rolling Jackpot Up for Grabs Again by 2021 Winner, Helio Castroneves
BorgWarner increased its Indianapolis 500 Rolling Jackpot prize by $20,000, raising the stakes for another back-to-back win for Helio CastronevesMarks the third time Castroneves is eligible for the prizeCastroneves is the only driver to ever cash in on the rolling jackpotAUBURN HILLS, Mich., May 10, 2022 /PRNewswire/ -- BorgWarner continues to increase the excitement around the outcome of the Indianapolis 500 with its rolling jackpot prize now sitting at a staggering $400,000 – raising the stakes for another back-to-back win for last year's record-breaking winner, Helio Castroneves of Brazil
May 09, 2022 05:35 pm ET
Lee Enterprises Elects Dr. Shaun McAlmont to Board of Directors
Lee Enterprises, Incorporated (NASDAQ: LEE), a leading provider of high quality, trusted, local news, information and a major platform for advertising in 77 markets, announced today that Dr. Shaun McAlmont has been elected to the Company’s Board,...
May 04, 2022 07:00 am ET
BorgWarner Secures Business Win for Battery Management System
Flexible battery management system aids in weight savings and vehicle range goalsIndividual cell balancing optimizes battery pack performance, safety and lifespanB- and C-segment cars as well as light commercial vehicles to be equipped beginning in 2023AUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ -- BorgWarner's battery management system (BMS) has been selected by a leading global vehicle manufacturer to equip the entirety of its B-segment, C-segment and light commercial vehicle platforms. Initially, model years from mid-2023 will be equipped with the new BorgWarner BMS technology, which op
May 04, 2022 07:00 am ET
BorgWarner to Provide Dual Inverter for a Leading Chinese OEM, Further Expanding Its Hybrid System Applications
Partnership demonstrates BorgWarner's continued leadership in inverter technology for the dedicated hybrid transmission (DHT) segment in China and beyondTechnology delivers multi-functionality, cost and weight reduction, flexible packaging and easy installationDual inverters provide dynamic operating range with enhanced efficiency for greater fuel economyAUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ -- BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, will provide a leading Chinese OEM with its highly efficient dual inverter unit
May 04, 2022 07:00 am ET
BorgWarner to Provide eMotors for Leading EV Brand in China
BorgWarner's high-voltage hairpin eMotors to be used in the Chinese brand's second-generation 800V propulsion system platformDelivers higher efficiency, power and torque densityExpected to strengthen BorgWarner's leadership in electric propulsion systemsAUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ -- BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, has been selected to provide high-voltage hairpin (HVH) eMotors for a leading electric vehicle brand in China. The eMotors will be used in the company's second-generation 800V propuls
May 04, 2022 06:30 am ET
BORGWARNER ANNOUNCES MULTIPLE ELECTRIFICATION AWARDS AND REPORTS FIRST QUARTER RESULTS
AUBURN HILLS, Mich., May 4, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported first quarter results.
Apr 29, 2022 09:00 am ET
BorgWarner Vice President Honored with 2022 Women in Manufacturing STEP Ahead Award
The Science, Technology, Engineering and Production (STEP) Ahead Awards recognize women for exemplary leadership in their careers and communitiesTania Wingfield is the sixth consecutive BorgWarner leader to receive this awardRecipients were recognized at awards ceremony on April 28 in Washington, D.C.AUBURN HILLS, Mich., April 29, 2022 /PRNewswire/ -- BorgWarner's Tania Wingfield, Vice President and General Manager of the North American Aftermarket, has been selected as a recipient of the 2022 Women in Manufacturing Science, Technology, Engineering and Production (STEP) Ahead Award, an annua
Apr 29, 2022 08:00 am ET
BorgWarner Joins Second Chance Business Coalition
BorgWarner becomes SCBC member to expand hiring and advancement practices for those with criminal recordsJoins corporate leaders from diverse industries including GM, Microsoft and TargetMembership includes tools, relationships and resourcesAUBURN HILLS, Mich., April 29, 2022 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, has joined the Second Chance Business Coalition (SCBC) in partnership with other major employers and national organizations that aim to expand second chance hiring and advancement pract
Apr 28, 2022 06:30 am ET
BORGWARNER DECLARES QUARTERLY DIVIDEND
AUBURN HILLS, Mich., April 28, 2022 /PRNewswire/ -- On April 27, 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 June 15, 2022 to stockholders of record on June 1, 2022.
Apr 27, 2022 04:15 pm ET
Webcast Alert: BorgWarner 2022 First Quarter Results Conference Call
AUBURN HILLS, Mich., April 27, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Apr 14, 2022 09:00 am ET
BorgWarner Receives U.S. Department of Energy Award for DC Fast Charger
$4.09 million awarded from the U.S. Department of EnergyGoal to develop a more cost-effective direct current fast chargerBorgWarner will team up with American-made supplier partners for 36-month projectAUBURN HILLS, Mich., April 14, 2022 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, has received a $4.09 million U.S. Department of Energy (DOE) Award to design and develop a cost-effective, advanced direct current fast charger (DCFC). BorgWarner received one of 25 research, development and demonstration pr
Apr 01, 2022 07:00 am ET
BorgWarner Completes Acquisition of Santroll's Light Vehicle eMotor Business
Expected to strengthen electric propulsion systems leadershipComplementary, market leading vertical integration capabilitiesAUBURN HILLS, Mich., April 1, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced that it has completed its acquisition of Santroll Automotive Components, a carve-out of Santroll's eMotor business. The acquisition is expected to strengthen BorgWarner's vertical integration, scale, and portfolio breadth in light vehicle e-motors while allowing for increased speed to market.
Mar 23, 2022 04:15 pm ET
Webcast Alert: BorgWarner 2022 First Quarter Results Conference Call
AUBURN HILLS, Mich., March 23, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Mar 11, 2022 09:28 am ET
NEXUS Automotive International Awards Delphi Technologies Aftermarket as its Supplier of the Year 2022
WARWICK, England, March 11, 2022 /PRNewswire/ -- Delphi Technologies Aftermarket, a brand of BorgWarner, has been awarded Supplier of the Year by NEXUS Automotive, the global automotive aftermarket, a testament to their successful collaboration and shared global vision for a better Aftermarket.
Mar 03, 2022 12:00 pm ET
108th Face Unveiled on Borg-Warner Trophy®: 2021 Indianapolis 500 Winner Hélio Castroneves
AUBURN HILLS, Mich., March 3, 2022 /PRNewswire/ -- Following his record-breaking victory at the 2021 Indianapolis 500, where he recorded an average speed of 190.690 mph, Hélio Castroneves will further cement his name in the history books by becoming the 108th face to adorn the Borg-Warner Trophy®. The trophy was officially unveiled during a ceremony earlier today at the Indiana Statehouse in downtown Indianapolis. This honor marks Castroneves' fourth appearance on the trophy, having previously won back-to-back titles in 2001 and 2002, paired with a 2009 victory on the racetrack.
Feb 22, 2022 02:00 pm ET
Tonit Calaway Elected to Air Products' Board of Directors
LEHIGH VALLEY, Pa., Feb. 22, 2022 /PRNewswire/ -- Tonit Calaway has been elected to Air Products' (NYSE:APD) Board of Directors effective March 1, 2022. She will serve as a member of the Air Products Board's Corporate Governance and Nominating Committee and its Management Development and Compensation Committee.
Feb 15, 2022 07:00 am ET
BorgWarner Secures First High Voltage eFan System Win
AUBURN HILLS, Mich., Feb. 15, 2022 /PRNewswire/ -- BorgWarner has been selected by a major European Commercial Vehicle OEM to provide its eFan system for battery-powered long-haul road transport vehicles. This is the company's first business win for the high-voltage (HV) eFan system, which is tailored to the customer's individual needs. It will be implemented on vehicles for the European market. Production is expected to commence in late 2024.
Feb 15, 2022 07:00 am ET
BorgWarner Secures North American Award for Generator Inverter Program with Major OEM
AUBURN HILLS, Mich., Feb. 15, 2022 /PRNewswire/ -- BorgWarner has secured a contract with a major global OEM to supply high voltage generator inverters to be used in an innovative electrified architecture to charge the main batteries. The silicon carbide (SiC) based inverter is designed to provide high levels of continuous current and advanced cooling strategies to manage the application's challenging thermal demands.
Feb 15, 2022 07:00 am ET
BorgWarner to Provide Leading Chinese OEM with 800V SiC Inverters
AUBURN HILLS, Mich., Feb. 15, 2022 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions to the vehicle market, is empowering a leading Chinese original equipment manufacturer (OEM) to launch a new, high-end battery electric vehicle (BEV) platform by providing its 800V silicon carbide (SiC) inverters. The inverters will be featured on two of the company's subsidiary brands targeted at mid- and high-end segments in the global market. The first vehicle model using the platform is expected to roll out in the first quarter of 2023.
Feb 15, 2022 07:00 am ET
BorgWarner's All-New 800-Volt Integrated Electric Drive Module Drives Leading Chinese NEV Brands Forward
AUBURN HILLS, Mich., Feb. 15, 2022 /PRNewswire/ -- BorgWarner has secured a contract with a Chinese luxury new energy vehicle (NEV) brand to supply its new integrated drive module (iDM) equipped with its compact 800V silicon carbide (SiC) inverter and hairpin electric motor. The 800V iDM220 features BorgWarner's exclusive and compact Viper power module which is the core of the SiC inverter, helping improve the range, driving performance and safety of electric vehicles. This is BorgWarner's first 800V iDM project worldwide, opening a new chapter in the company's global electric drive business
Feb 15, 2022 07:00 am ET
BorgWarner's Hydrogen Injection System Supports CO2-Free Mobility for Off-Road Application
AUBURN HILLS, Mich., Feb. 15, 2022 /PRNewswire/ -- BorgWarner is expanding its efforts into hydrogen combustion and was recently awarded its first hydrogen injection system production program for an off-road application by a European construction equipment manufacturer. This quick-to-market technology supports CO2-free mobility and offers appealing total cost of ownership due to optimized energy efficiency and payload capacity as well as short refueling time.
Feb 15, 2022 05:30 am ET
BorgWarner Completes Acquisition of AKASOL AG
AUBURN HILLS, Mich., Feb. 15, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today announced that it has completed its acquisition of AKASOL AG. The combination of BorgWarner and AKASOL is expected to significantly strengthen the company's commercial vehicle and industrial electrification capabilities, which positions the company to capitalize on what it believes to be a fast-growing battery systems market.
Feb 15, 2022 05:30 am ET
BorgWarner to Acquire Santroll's Light Vehicle eMotor Business
AUBURN HILLS, Mich., Feb. 15, 2022  /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA), Santroll Electric Auto and Santroll Automotive Components today announced that they have signed an Equity Transfer Agreement (ETA) under which BorgWarner will acquire Santroll Automotive Components, a carve-out of Santroll's eMotor business, for up to ¥1.4 billion, comprised of a closing payment of ¥1.1 billion and an earnout of up to ¥0.3 billion. The transaction will be funded primarily with existing cash balances.
Feb 15, 2022 05:30 am ET
BORGWARNER WINS NUMEROUS ADDITIONAL ELECTRIC VEHICLE AWARDS, ANNOUNCES E-MOTOR ACQUISITION AND REPORTS FOURTH QUARTER AND FULL YEAR RESULTS
AUBURN HILLS, Mich., Feb. 15, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported 2021 fourth quarter and full-year results.
Feb 10, 2022 05:30 am ET
BORGWARNER DECLARES QUARTERLY DIVIDEND
AUBURN HILLS, Mich., Feb. 10, 2022 /PRNewswire/ -- On February 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 March 15, 2022 to stockholders of record on March 1, 2022.
Feb 08, 2022 03:15 pm ET
Webcast Alert: BorgWarner 2021 Fourth Quarter and Full Year Results Conference Call
AUBURN HILLS, Mich., Feb. 8, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Feb 02, 2022 08:00 am ET
BorgWarner Joins Department of Energy's Better Climate Challenge Aimed at Significantly Reducing Greenhouse Gas Emissions
AUBURN HILLS, Mich., Feb. 2, 2022 /PRNewswire/ -- BorgWarner Inc., (BorgWarner) today announced that it has joined the U.S. Department of Energy's (DOE) Better Climate Challenge, a national leadership initiative that calls on chief executive officers, university presidents and state and local leaders to reduce greenhouse gas (GHG) emissions, create jobs, and promote healthy, safe and thriving communities. Partners of the Better Climate Challenge make a public commitment to take environmental action, including a 50% or more reduction in GHG emissions over the course of 10 years.
Jan 27, 2022 09:00 am ET
BorgWarner Participates in Human Rights Campaign Foundation's 2022 Corporate Equality Index
AUBURN HILLS, Mich., Jan. 27, 2022 /PRNewswire/ -- BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, has again been included on the Human Rights Campaign Foundation's 2022 Corporate Equality Index, the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. BorgWarner joins the ranks of 1,271 major U.S. businesses that were also ranked in the 2022 CEI.
Jan 26, 2022 07:00 am ET
BorgWarner Included in 2022 Bloomberg Gender-Equality Index
Auburn Hills, Mich., Jan. 26, 2022 /PRNewswire/ -- BorgWarner today announced that it is one of 414 companies across 45 countries and regions to join the 2022 Bloomberg Gender-Equality Index (GEI), a modified market capitalization-weighted index that aims to track the performance of public companies committed to transparency in gender-data reporting. This reference index measures gender equality across five pillars: female leadership & talent pipeline, equal pay & gender pay parity, inclusive culture, anti-sexual harassment policies and pro-women brand. This marks the third consecuti
Jan 11, 2022 03:15 pm ET
Webcast Alert: BorgWarner 2021 Fourth Quarter and Full Year Results Conference Call
AUBURN HILLS, Mich., Jan. 11, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Jan 11, 2022 08:09 am ET
BorgWarner and OGCI Climate Investments Complete New Investments in Qnovo in $24M Series-C Funding
NEWARK, Calif., Jan. 11, 2022 /PRNewswire/ -- Qnovo, a pioneer in battery management software, announced the closing of $24M in Series-C financing. BorgWarner led the round with significant participation by OGCI Climate Investments and Constellation Technology Ventures. Existing investors U.S. Venture Partners and RockPort Capital also participated. The company, which is in advanced vehicle qualifications with several global passenger and commercial electric vehicle (EV) manufacturers, will use the new capital to scale their software products into EV production, and support growing demand fr
Jan 11, 2022 08:00 am ET
BorgWarner Completes Investment in Qnovo Inc., Enhancing Battery Management Capabilities
AUBURN HILLS, Mich., Jan. 11, 2022 /PRNewswire/ -- BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, today announced its investment in Qnovo, Inc., a privately held, Silicon Valley-based software and controls company. BorgWarner is the lead investor for Qnovo's multi-million-dollar Series-C capital raise.
Jan 05, 2022 07:00 am ET
BorgWarner Sells Water Valley, Mississippi Facility to Atar Capital
AUBURN HILLS, Mich., Jan. 5, 2022 /PRNewswire/ -- BorgWarner Inc. ("BorgWarner") has sold its Water Valley, Mississippi facility to Atar Capital. The sale is consistent with Project Charging Forward, BorgWarner's accelerated electrification strategy which the Company announced in March 2021. Outlined in this strategy is a target to dispose of $3 billion to $4 billion in annual revenues from its combustion portfolio by 2025 with approximately $1 billion of that targeted to be executed by late 2022.  
Dec 15, 2021 08:00 am ET
BorgWarner Enters Licensing Agreement with PolyCharge America, Inc. for Disruptive Capacitor Technology
AUBURN HILLS, Mich., Dec. 15, 2021 /PRNewswire/ -- BorgWarner is strengthening its inverter capabilities and offerings through an exclusive licensing agreement with PolyCharge America, Inc., a startup company formed to deliver disruptive capacitor products. With this agreement, BorgWarner secures exclusive rights to bring the PolyCharge NanoLamTM capacitors in-house for use in the company's extensive selection of inverters. The capacitors enable high-power inverters to be smaller, lighter and more tolerant to high temperatures.
Dec 03, 2021 08:00 am ET
BorgWarner Included on Newsweek's America's Most Responsible Companies 2022 List
AUBURN HILLS, Mich., Dec. 3, 2021 /PRNewswire/ -- BorgWarner has been awarded on Newsweek's list of America's Most Responsible Companies 2022, ranking 82 out of 500. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on Dec. 2, 2021 and can currently be viewed on Newsweek's website.
Nov 30, 2021 08:00 am ET
BorgWarner Joins Clean Energy Buyers Alliance (CEBA)
AUBURN HILLS, Mich., Nov. 30, 2021 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, has joined the Clean Energy Buyers Alliance (CEBA) as a "large energy buyer" member to support its commitment to environmental sustainability and vision of a clean, energy-efficient world. The alliance of large clean energy buyers, developers and service providers seeks to unlock the marketplace for energy consumers to lead a rapid transition to a cleaner, prosperous and zero-carbon energy future.
Nov 29, 2021 03:15 pm ET
BetterInvesting™ Magazine Update on McDonald's and BorgWarner
TROY, Mich., Nov. 29, 2021 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced McDonald's Corporation (NYSE: MCD) as its "Stock to Study" and BorgWarner, Inc. (NYSE: BWA) as its "Undervalued Stock" in the January 2022 issue for investors' informational and educational use.
Nov 18, 2021 12:16 pm ET
BorgWarner Awarded Grant to Launch e-Product in Cadillac, Michigan Plant
 
Nov 16, 2021 08:00 am ET
BorgWarner Named to Forbes' World's Top Female Friendly Companies
AUBURN HILLS, Mich., Nov. 16, 2021 /PRNewswire/ -- BorgWarner Inc., a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, today announced that it has been recognized on Forbes' list of "World's Top Female Friendly Companies," for its efforts in supporting women inside and outside of the workplace. BorgWarner ranked 103 out of 300 industry-leading honorees in the inaugural year of the award.  
Nov 10, 2021 05:30 am ET
BorgWarner Declares Quarterly Dividend
AUBURN HILLS, Mich., Nov. 10, 2021 /PRNewswire/ -- On November 9, 2021, 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, 2021 to stockholders of record on December 1, 2021.
Nov 09, 2021 03:01 pm ET
BorgWarner Appoints Sara A. Greenstein to its Board of Directors
AUBURN HILLS, Mich., Nov. 9, 2021 /PRNewswire/ -- BorgWarner announced today that Sara A. Greenstein has been named to its Board of Directors.
Nov 05, 2021 09:00 am ET
BorgWarner Senior Manager Honored with Women in Manufacturing STEP Ahead Award
AUBURN HILLS, Mich., Nov. 5, 2021  /PRNewswire/ -- BorgWarner's Julie Adkins, Senior Manager of Lean Transformation, Continuous Improvement & Operational Excellence, is the recipient of this year's Women in Manufacturing Science, Technology, Engineering and Production (STEP) Ahead Award. This annual award honors women who have demonstrated excellence and leadership throughout their careers and represents all levels of the manufacturing industry. Adkins is the fifth consecutive BorgWarner employee to achieve this recognition and is one of 100 exemplary women to earn the 2021 award.
Nov 03, 2021 09:00 am ET
BorgWarner Captures North American High Voltage Silicon Carbide Inverter Business with Major Global OEM
AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ -- BorgWarner has secured a contract with a major OEM to supply high voltage inverters for battery electric vehicle (BEV) platforms including a variety of passenger cars and trucks. The business award marks the company's largest major silicon carbide based (SiC) inverter win and the first silicon carbide based inverter win in North America.
Nov 03, 2021 08:45 am ET
BorgWarner to Provide New Silicon Carbide Inverter for German OEM's Electric Vehicles
AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ -- BorgWarner will be providing a new, high-voltage silicon carbide (SiC) inverter to a large German automaker for implementation in its next-generation electric vehicles. The BorgWarner 800V SiC inverter with proprietary power switches provides a more compact and efficient power module, resulting in higher electric vehicle range and enhanced driving performance.
Nov 03, 2021 06:30 am ET
BorgWarner Wins Two Additional Inverter Awards, Provides Charging Forward Update And Reports Third Quarter Results
AUBURN HILLS, Mich., Nov. 3, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported third quarter results.
Nov 01, 2021 09:00 am ET
BorgWarner to Supply European OEM with SiC Inverters for New Electric Vehicles
AUBURN HILLS, Mich., Nov. 1, 2021 /PRNewswire/ -- BorgWarner announced today that its 400V Silicon Carbide (SiC) inverter has been selected to help power various models of a European OEM's battery electric vehicles. The inverter features dual-sided cooled power switches, providing a significant breakthrough in support of vehicle electrification and offering OEMs superior operational characteristics such as enhanced driving performance and longer range. Vehicle production with BorgWarner's SiC inverter is slated for 2023.
Oct 28, 2021 04:15 pm ET
Webcast Alert: BorgWarner 2021 Third Quarter Results Conference Call
AUBURN HILLS, Mich., Oct. 28, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Oct 26, 2021 10:00 am ET
BorgWarner to Supply Electric Motors for New Electric Truck
AUBURN HILLS, Mich., Oct. 26, 2021 /PRNewswire/ -- BorgWarner is boosting its leadership position in commercial vehicle electrification with a German OEM's selection of its HVH250 (High Voltage Hairpin) electric motors to power a heavy-duty truck model. Trucks are targeted to be equipped with two HVH motors per axle, each with industry-leading peak power of 175 kW and 425 Nm of torque at 350 volts.
Oct 21, 2021 09:00 am ET
BorgWarner Receives U.S. Department of Energy Award for High Power-Dense Inverter
AUBURN HILLS, Mich., Oct. 21, 2021 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, is the recipient of a $4.97 million U.S. Department of Energy (DOE) Award for the development of a Scalable Ultra Power-dense Extended Range (SUPER) inverter. This research and development project is one of 24 university and industry-led projects that collectively were awarded $60 million in an effort to reduce CO2 emissions from the transportation sector. 
Oct 18, 2021 09:00 am ET
BorgWarner Honored by Ford at 23rd Annual World Excellence Awards
AUBURN HILLS, Mich., Oct. 18, 2021 /PRNewswire/ -- BorgWarner, a global product leader delivering innovative and sustainable mobility solutions for the vehicle market, has been recognized as a top-performing global supplier at the 23rd annual Ford World Excellence Awards. BorgWarner was announced as a Create Must-Have Products winner today at Ford Motor Company's virtual event.
Oct 14, 2021 09:00 am ET
BorgWarner Secures Substantial P3 Drive Module Win
AUBURN HILLS, Mich., Oct. 14, 2021 /PRNewswire/ -- BorgWarner's fully integrated P3 hybrid drive module will soon be powering a variety of front-wheel and AWD SUVs for a major European performance based OEM. The unique, power-packed P3 solution enables significant fuel economy gains, CO2 reduction and was entirely custom-designed inhouse by BorgWarner, featuring a motor, power electronics, gears and water cooling, all integrated within one unit.
Oct 06, 2021 09:00 am ET
BorgWarner Vice President Inducted into Women in Manufacturing Hall of Fame
AUBURN HILLS, Mich., Oct. 6, 2021 /PRNewswire/ -- BorgWarner's Arvis Williams, Vice President of Global Quality, Manufacturing and Program Management, has been inducted into the 2021 class of Women in Manufacturing (WiM) Hall of Fame. This prestigious award is presented to women who have made outstanding contributions over the course of their established careers in manufacturing as well as those who are dedicated to supporting, promoting and inspiring other women within the industry. Williams is one of nine women to be awarded this honor from the Women in Manufacturing Education Foundation (
Sep 30, 2021 02:17 pm ET
BorgWarner Celebrates Seneca Plant Grand Reopening, 25th Year of Operation
AUBURN HILLS, Mich., Sept. 30, 2021 /PRNewswire/ -- BorgWarner celebrated the grand reopening of its Seneca, South Carolina, production facility today, following a 16-month rebuild after the plant was ravaged by a tornado on April 13, 2020. Company leadership, plant employees, community members and many local, county and state government officials joined together to commemorate the rebuilt facility and reflect on its 25-year history within the community.
Sep 28, 2021 08:00 am ET
BorgWarner Supplies Next-Generation Triple-clutch P2 Drive Module to HYCET Transmission
AUBURN HILLS, Mich., Sept. 28, 2021 /PRNewswire/ -- BorgWarner has extended its cooperation with HYCET Transmission Technology Hebei Co., Ltd. by supplying BorgWarner's triple-clutch P2 drive module and hydraulic control unit to Great Wall's Haval  and WEY brands. As a leading supplier in the global HEV market, BorgWarner supports the world's first 9-speed P2 9HDCT hybrid transmission for HYCET "I-Era 2.0" powertrain. The hybrid transmission features nine gears and a parking lock function for greater vehicle efficiency and performance.
Sep 22, 2021 04:15 pm ET
Webcast Alert: BorgWarner 2021 Third Quarter Results Conference Call
AUBURN HILLS, Mich., Sept. 22, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Aug 31, 2021 09:00 am ET
BorgWarner Wins Gold and Silver Brandon Hall Group Excellence Awards
AUBURN HILLS, Mich., Aug. 31, 2021 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, won a coveted Brandon Hall Group gold award in the category of Excellence in Diversity, Equity and Inclusion and a silver award in the Excellence in Learning category. BorgWarner's wins were announced on August 19, 2021 during a live webinar hosted by Brandon Hall Group. The 2021 winners are listed at https://www.brandonhall.com/excellenceawards/past-winners.php
Aug 23, 2021 09:00 am ET
BorgWarner Invests in Enexor BioEnergy, Widens Breadth of Sustainability Business
AUBURN HILLS, Mich., Aug. 23, 2021 /PRNewswire/ -- BorgWarner is expanding the breadth of its sustainability business activities by investing in Enexor BioEnergy, LLC, a company that provides on-site, renewable energy and carbon conversion solutions to help solve the world's organic waste and plastic waste problems. Through a $10 million dollar investment, BorgWarner has secured a minority stake in the company.
Aug 20, 2021 09:00 am ET
BorgWarner Shares Congratulatory Message on AKASOL's Grand Opening of their Gigafactory
AUBURN HILLS, Mich., Aug. 20, 2021 /PRNewswire/ -- BorgWarner President and CEO, Frédéric Lissalde, and other members of the BorgWarner leadership team attended the Grand Opening of AKASOL'S Gigafactory 1, Europe's largest factory for commercial-vehicle battery systems, located in Darmstadt, Germany. The grand opening, held on August 16th, was attended by Tarek Al-Wazir, Hessian Minister of Economics, Energy, Transport and Housing, numerous representatives from politics and business and Peter Altmaier, Federal Minister for Economic Affairs and Energy who shared a personal congratulatory vide
Aug 16, 2021 09:00 am ET
BorgWarner Invests in CelLink, Expanding Electrification Efforts
AUBURN HILLS, Mich., Aug. 16, 2021 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, invested in CelLink Corporation, a company that develops large, high-conductance flexible circuits for the automotive and energy storage industries.
Aug 04, 2021 09:12 am ET
BorgWarner Furthers Growth in China with Two Dual Inverter Projects
AUBURN HILLS, Mich., Aug. 4, 2021 /PRNewswire/ -- BorgWarner is making significant traction in the China mobility market, most recently with contracts to supply dual inverters for two premier Chinese OEMs. The dual inverters will be featured on both hybrid electric vehicles (HEV) and plug-in hybrid electric vehicle (PHEV) versions of the GWM LEMON platform, and the other major Chinese OEM will utilize the technology on its own HEV and PHEV passenger car models.
Aug 04, 2021 06:30 am ET
BorgWarner Reports Second Quarter 2021 U.S. GAAP Net Earnings of $1.03 Per Diluted Share, or $1.08 Per Diluted Share Excluding Non-Comparable Items
AUBURN HILLS, Mich., Aug. 4, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported second quarter results.
Aug 03, 2021 09:00 am ET
BorgWarner's High-Voltage Coolant Heater Improves Battery Efficiency for Geely Holding Group's Premium Pure Electric Model
AUBURN HILLS, Mich., Aug. 3, 2021 /PRNewswire/ -- BorgWarner, a global leader in delivering innovative and sustainable mobility solutions for the vehicle market, has entered into a partnership with ZEEKR Intelligent Technology Co., Ltd. (hereinafter referred to as ZEEKR), owned by Geely Holding Group (hereinafter referred to as Geely). BorgWarner plans to supply its advanced High-voltage Coolant Heater (HVCH) to ZEEKR's new ZEEKR 001 electric sedan.
Jul 29, 2021 06:30 am ET
BorgWarner Declares Quarterly Dividend
AUBURN HILLS, Mich., July 29, 2021 /PRNewswire/ -- On July 28, 2021, 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 September 15, 2021 to stockholders of record on September 1, 2021.
Jul 26, 2021 04:15 pm ET
Webcast Alert: BorgWarner 2021 Second Quarter Results Conference Call
AUBURN HILLS, Mich., July 26, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Jun 23, 2021 04:15 pm ET
Webcast Alert: BorgWarner 2021 Second Quarter Results Conference Call
AUBURN HILLS, Mich., June 23, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Jun 15, 2021 09:00 am ET
BorgWarner Publishes 2021 Sustainability Report, Showcases Significant Achievements and High-Reaching Goals
AUBURN HILLS, Mich., June 15, 2021 /PRNewswire/ -- BorgWarner, a company focused on delivering innovative and sustainable mobility solutions for the vehicle market, has released its 2021 Sustainability Report, "Evolving For All," detailing the company's recent sustainability accomplishments and showcasing short- and long-term goals for environmental stewardship, social responsibility and governance.
Feb 25, 2021 08:13 pm ET
BorgWarner Donates $1,025,000 to Kettering University to Establish Scholars Program and Other Initiatives to Support Opportunities for Minorities
AUBURN HILLS, Mich., Feb. 25, 2021 /PRNewswire/ -- BorgWarner is taking further action in its commitment to diversity through a donation of $925,000 for scholarships for Kettering University students. The BorgWarner Scholars Program will aim to distribute annual scholarships to students in financial need, with a primary focus on African American and Hispanic students who have an interest in participating in an engineering co-op at BorgWarner.
Feb 23, 2021 03:30 pm ET
BorgWarner to Host Virtual Investor Day on March 23, 2021
AUBURN HILLS, Mich., Feb. 23, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE:BWA) will host an Investor Day for members of the investment community. The event will be broadcast from the company's World Headquarters in Auburn Hills, Michigan on March 23, 2021.
Feb 19, 2021 01:00 pm ET
BorgWarner Reveals Latest Addition to the Borg-Warner Trophy®: 2020 Indianapolis 500 Winner Takuma Sato
AUBURN HILLS, Mich., Feb. 19, 2021 /PRNewswire/ -- Takuma Sato, the first Japanese driver to win the Indianapolis 500 in 2017, is making his mark on history once again by becoming the 107th face to adorn the Borg-Warner Trophy® following his second Indy 500 victory in 2020. Sato's image on the trophy was officially unveiled during a ceremony today at the Indianapolis Motor Speedway Museum, where it is kept permanently on display. The Borg-Warner Trophy® Unveiling Special was streamed for fans worldwide in celebration of the 100 Days Countdown to the 105th Running of the Indianapolis 500 pres
Feb 15, 2021 06:00 am ET
BorgWarner Agrees to Acquire AKASOL AG, Seeking to Expand Electrification Portfolio
AUBURN HILLS, Mich. and DARMSTADT, Germany, Feb. 15, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) and AKASOL AG (ETR: ASL) today announced that they have signed a Business Combination Agreement ("BCA") to position BorgWarner to significantly expand its commercial vehicle electrification capabilities. As part of the agreement, a wholly-owned subsidiary of BorgWarner will launch a voluntary public takeover offer at €120.00 per share in cash for all outstanding shares of AKASOL ("the Offer"). Holders of approximately 59% of AKASOL's outstanding shares have committed through Irrevocable Unde
Feb 11, 2021 05:30 am ET
BorgWarner Declares Quarterly Dividend
AUBURN HILLS, Mich., Feb. 11, 2021 /PRNewswire/ -- On February 10, 2021, 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, 2021 to stockholders of record on March 1, 2021.
Feb 11, 2021 05:30 am ET
BorgWarner Reports Fourth Quarter 2020 Net Sales Increased Compared With Fourth Quarter 2019 and Net Cash Provided by Operating Activities of $416 million
AUBURN HILLS, Mich., Feb. 11, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported 2020 fourth quarter and full-year results.
Feb 10, 2021 08:00 am ET
BorgWarner Launches 800-volt Electric Motor for the Commercial Vehicle Segment
AUBURN HILLS, Mich., Feb. 10, 2021 /PRNewswire/ -- BorgWarner's latest High Voltage Hairpin (HVH) electric motor, the HVH 320, is ready to power a variety of hybrid and electric applications for commercial vehicle manufacturers, including a large European OEM. Production of the HVH 320, which is equipped with 800-volt capabilities and available in four variants, is expected to kick off in 2024. Its multi-faceted platform will support the manufacturers' goal of a common electric drivetrain and deliver approximately 97% peak efficiency and over 400kW of power.    
Feb 04, 2021 03:15 pm ET
Webcast Alert: BorgWarner 2020 Fourth Quarter and Full Year Results Conference Call
AUBURN HILLS, Mich., Feb. 4, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Jan 28, 2021 09:00 am ET
BorgWarner Inc. Earns 75 in Human Rights Campaign's 2021 Corporate Equality Index
AUBURN HILLS, Mich., Jan. 28, 2021 /PRNewswire/ -- BorgWarner Inc., a global product leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles, has received a score of 75 out of 100 on the Human Rights Campaign Foundation's 2021 Corporate Equality Index, the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ workplace equality. BorgWarner joins the ranks of 1,142 major U.S. businesses that were also ranked in the 2021 CEI.
Jan 27, 2021 07:07 am ET
BorgWarner Inc. Included in 2021 Bloomberg Gender-Equality Index
AUBURN HILLS, Mich., Jan. 27, 2021 /PRNewswire/ -- BorgWarner Inc. today announced that it is one of 380 companies across 11 sectors included in the 2021 Bloomberg Gender-Equality Index (GEI). The GEI expanded in 2021 to represent 44 countries and regions, including firms headquartered in Indonesia and Bermuda for the first time. Companies range from a variety of industries, including automotive, banking, consumer services, engineering and construction, and retail.
Jan 05, 2021 03:15 pm ET
Webcast Alert: BorgWarner 2020 Fourth Quarter and Full Year Results Conference Call
AUBURN HILLS, Mich., Jan. 5, 2021 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Dec 02, 2020 10:48 am ET
BorgWarner Inc. Awarded on Newsweek's America's Most Responsible Companies 2021 List
AUBURN HILLS, Mich., Dec. 2, 2020 /PRNewswire/ -- BorgWarner Inc. been awarded on Newsweek's list of America's Most Responsible Companies 2021. This prestigious award is presented by Newsweek and Statista Inc., the world-leading statistics portal and industry ranking provider. The awards list was announced on December 2nd, 2020 and can currently be viewed on Newsweek's website.
Nov 12, 2020 05:30 am ET
BorgWarner Declares Quarterly Dividend
AUBURN HILLS, Mich., Nov. 12, 2020 /PRNewswire/ -- On November 11, 2020, 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, 2020 to shareholders of record on December 1, 2020.
Oct 29, 2020 06:30 am ET
BorgWarner Reports Third Quarter 2020 Net Sales Increased Compared With Third Quarter 2019 And Net Cash Provided By Operating Activities Of $481 Million
AUBURN HILLS, Mich., Oct. 29, 2020 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported third quarter results.
Oct 22, 2020 04:15 pm ET
Webcast Alert: BorgWarner 2020 Third Quarter Results Conference Call
AUBURN HILLS, Mich., Oct. 22, 2020 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Oct 22, 2020 09:05 am ET
BorgWarner Collaborates with Michigan Technological University on Connected Vehicle Project Funded by U.S. Department of Energy
AUBURN HILLS, Mich., Oct. 22, 2020 /PRNewswire/ -- BorgWarner is partnering with Michigan Technological University (MTU), and four other industry organizations, on a project aimed at reducing energy consumption through the expansion of meshed vehicle-to-vehicle (V2V) and vehicle-to-infrastructure (V2I) communication, using a combination of simulated, closed-track and real-world fleet testing. The project will use multiple vehicle types – ranging from light- to heavy-duty – powered by different propulsion systems with varied levels of connectivity and driving automation to develop, assess and
Aug 05, 2020 06:30 am ET
BorgWarner Enables High Performance, Eco-friendly Driving with Latest Integrated Drive Module for Ford Mustang Mach-E
AUBURN HILLS, Mich., Aug. 5, 2020 /PRNewswire/ -- BorgWarner announced today it is building a power-packed Integrated Drive Module (iDM) for Ford's new all-electric Mustang Mach-E SUV. The iDM comes complete with a BorgWarner thermal-management system and gearbox integrated with a motor and power electronics from other suppliers, and showcases the company's system integration expertise. 
Aug 05, 2020 06:30 am ET
BorgWarner Reports Second Quarter 2020 Net Cash Provided By Operating Activities Of $64 Million, And $10 Million Of Free Cash Flow
AUBURN HILLS, Mich., Aug. 5, 2020 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported second quarter results.
Jul 30, 2020 04:30 pm ET
BorgWarner Declares Quarterly Dividend
AUBURN HILLS, Mich., July 30, 2020 /PRNewswire/ -- 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 September 15, 2020 to shareholders of record on September 1, 2020.
Jul 29, 2020 04:30 pm ET
Webcast Alert: BorgWarner 2020 Second Quarter Results Conference Call
AUBURN HILLS, Mich., July 29, 2020 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Jul 21, 2020 08:15 am ET
BorgWarner Provides Three New Energy Vehicle (NEV) Companies with Efficient, Lightweight Electric Drive Modules (eDMs)
SHANGHAI, July 21, 2020 /PRNewswire/ -- BorgWarner has started supplying its high-performance, lightweight, and compact electric drive module (eDM) to power three Chinese new energy vehicles (NEVs): the JMC-Ford Territory, the AIWAYS SUV U5 and the Leading Ideal One's smart electric large SUV without mileage anxiety. With a compact, lightweight, easy-to-install design, BorgWarner's eDM delivers the power desired for a pleasant driving experience. The flexible design of the eDM makes it the perfect solution for front- or rear-axle installation and enables a high level of system integration, p
Jun 25, 2020 09:25 am ET
Delphi Technologies Shareholders Approve Acquisition by BorgWarner
AUBURN HILLS, Mich., June 25, 2020 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("BorgWarner") announced that shareholders of Delphi Technologies PLC ("Delphi Technologies") approved BorgWarner's all-stock acquisition of Delphi Technologies at a special meeting today. An overwhelming majority of Delphi Technologies' shareholders voted in favor of the transaction.
Jun 25, 2020 09:23 am ET
Delphi Technologies Shareholders Approve Transaction with BorgWarner
LONDON, June 25, 2020 /PRNewswire/ -- Delphi Technologies PLC (NYSE: DLPH) ("Delphi Technologies" or the "Company") announced that at a special meeting of its shareholders held today, Delphi Technologies' shareholders approved the Company's previously announced transaction with BorgWarner Inc. (NYSE: BWA). An overwhelming majority of shareholders voted in favor of the transaction.
Jun 24, 2020 04:15 pm ET
Webcast Alert: BorgWarner 2020 Second Quarter Results Conference Call
AUBURN HILLS, Mich., June 24, 2020 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast:
Jun 16, 2020 04:30 pm ET
BorgWarner Prices $1.1 Billion Senior Notes Offering
AUBURN HILLS, Mich., June 16, 2020 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) ("BorgWarner") today announced that it priced a public offering of $1.1 billion aggregate principal amount of its 2.650% Senior Notes due 2027 (the "Notes"). The offering is expected to close on June 19, 2020, subject to customary closing conditions.
May 21, 2020 09:10 am ET
BorgWarner Earned Designation as a Great Place to Work-Certified™ Company in 2019
AUBURN HILLS, Mich., May 21, 2020 /PRNewswire/ -- BorgWarner, a global leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles, announced that it is Great Place to Work-Certified™ in the United States and Mexico. Certification is a significant achievement. Using validated employee feedback gathered with Great Place to Work's rigorous, data-driven For All methodology, certification confirms 7 out of 10 employees have a consistently positive experience at BorgWarner. Great Place to Work is the global authority on workplace culture, employee experience an
May 20, 2020 08:33 am ET
BorgWarner's Intelligent Cam Torque Actuation (iCTA) Improves Fuel Economy for GAC Motor
SHANGHAI, May 20, 2020 /PRNewswire/ -- BorgWarner partnered with GAC Motor to introduce its next generation of variable cam timing actuators – intelligent cam torque actuation (iCTA) – to GAC's combustion and some models with hybrid applications. As emission standards becomes stricter, Chinese auto manufacturers are seeking more efficient and tunable intake and exhaust technologies to meet future emission regulations. A great addition to BorgWarner's variable cam timing (VCT) technology, iCTA blends the best attributes of cam torque actuation (CTA) and torsional assist (TA) phaser technologi
May 14, 2020 09:10 am ET
The Future of Mobility is Now - New High-Tech Lab Open at BorgWarner's State-of-the-Art Noblesville Technical Center
AUBURN HILLS, Mich., May 14, 2020 /PRNewswire/ -- BorgWarner is ready for the future of mobility with the opening of its newest high-tech lab at its Noblesville Technical Center in Noblesville, Indiana. The technical center, a key facility in BorgWarner's mission to develop clean, energy-efficient propulsion systems, enables the company to develop, build, test, and validate prototypes of its electric product portfolio under one roof, creating cost synergies, increasing cross-functional collaboration, and improving efficiency throughout the product development and testing process. https://www
May 07, 2020 09:10 am ET
Cascadia Motion Releases PM500 Inverter
PORTLAND, Ore., May 7, 2020 /PRNewswire/ -- Cascadia Motion is pleased to release the largest inverter in their product line, the PM500.  This dual-motor inverter can deliver a combined 700kW (940hp) worth of peak power to the motors by way of 840V capability and 1400Arms combined phase current. Independent control of each motor allows the PM500 to be utilized on dual-stack motors (two motor cores with singular output) as well as torque vectoring applications, where torque is varied between driver and passenger side wheels to aid cornering.   
May 06, 2020 04:05 pm ET
Delphi Technologies reports first quarter results
LONDON, May 6, 2020 /PRNewswire/ -- Delphi Technologies PLC (NYSE: DLPH) ("Delphi Technologies" or the "Company") today announced financial results for its first quarter 2020.
May 06, 2020 08:15 am ET
BorgWarner and Delphi Technologies Enter Into Amendment to Transaction Agreement
AUBURN HILLS, Mich. and LONDON, May 6, 2020 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) and Delphi Technologies PLC (NYSE: DLPH) today announced that the companies have amended certain terms of the definitive transaction agreement they originally entered into on January 28, 2020 under which BorgWarner will acquire Delphi Technologies in an all-stock transaction. The amendment represents a resolution to BorgWarner's previously stated assertion that Delphi Technologies materially breached the definitive transaction agreement by drawing down on its full $500 million revolving credit facility, w
May 06, 2020 06:30 am ET
BorgWarner Reports First Quarter 2020 U.S. GAAP Net Earnings of $0.63 Per Diluted Share, or $0.77 Per Diluted Share Excluding Non-Comparable Items
AUBURN HILLS, Mich., May 6, 2020 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported first quarter results.

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