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The Latest Breaking News from BorgWarner Inc

3 Electric Vehicle Suppliers That Are Flying Under the Radar

As the world shifts towards sustainability, the electric vehicle (EV) revolution is driving a surge in demand for crucial components and suppliers. In this evolving landscape, one could consider investing in fundamentally sound EV suppliers, such as LyondellBasell Industries (LYB), Amkor Technology (AMKR), and BorgWarner (BWA), that are flying under…

StockNews.com

3 High-Quality Auto Parts Stocks for Reliable Gains

The auto parts industry is set for solid growth due to the growing global demand for automobiles and the increased need for maintenance services and replacement parts for vehicles. Given this backdrop, it could be wise to buy top auto parts stocks, such as BorgWarner (BWA), Genuine Parts (GPC), and…

StockNews.com

3 Auto Stocks to Watch for Future Investments

The auto industry remains well-positioned to benefit from the easing macroeconomic concerns and robust demand for automobiles and auto parts. Considering these factors, it could be wise to add auto stocks BorgWarner (BWA), Polaris (PII), and Harley-Davidson (HOG) to one’s watchlist. Read more.

StockNews.com

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Buy, Hold, or Sell These 3 Auto Stocks?

The auto market is expected to witness long-term growth due to consistent demand and rapid electrification. Amid this, should auto stocks BorgWarner (BWA), Gentex Corp (GNTX), and Superior Industries International (SUP) be added to your investment portfolio? Let’s find out….

StockNews.com

Unlocking Potential Investments With 3 Buy-Worthy Auto Stocks

Despite macroeconomic concerns, auto sales in the US are expected to remain robust due to steady demand. Therefore, fundamentally strong auto stocks BorgWarner (BWA), AutoZone (AZO), and O’Reilly Automotive (ORLY) might be worth buying now. Read on.

StockNews.com

Top 3 Growth Stocks to Buy for the Long Term

The stock market is expected to be under pressure this year due to recession worries. Despite the headwinds, it could be wise to buy and hold top growth stocks BorgWarner (BWA), AGCO Corporation (AGCO), and Barloworld (BRRAY) to generate solid returns in the long term. Keep reading….

StockNews.com

BorgWarner honors Indy 500 ace Johncock with ‘Baby Borg’

In an event hosted by BorgWarner Inc., Johncock was honored by the presence of his wife Sue, his son and daughters, his grandchildren and his great grandchildren.

Motorsport

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Best Value Stocks to Buy Now for Long-Term Growth

With annual inflation continuing to cool off, as seen in March’s CPI report, fundamentally strong stocks trading at a discount present an opportunity to rake in solid gains in the long term. Therefore, investors could look to buy fundamentally strong stocks BorgWarner (BWA), Lear Corporation (LEA), and Hyster-Yale Materials (HY),…

StockNews.com

2 Affordable S&P 500 Stocks Under $50

While the banking turmoil disrupted the rally of the S&P 500 index last month, experts believe the index will rebound soon. Therefore, fundamentally strong stocks BorgWarner (BWA) and Tapestry (TPR), trading at attractive valuations, might be ideal buys under $50. Read more.

StockNews.com

4 Stocks to Buy Before the Next Big Bull Rally

Cooling inflationary pressures and the Fed’s indication of a slower pace of rate hikes ahead could generate a potential bull rally this month. So, we believe investors should load up on fundamentally strong stocks General Motors Company (GM), BorgWarner Inc. (BWA), Teva Pharmaceutical Industries Limited (TEVA), and Rambus Inc. (RMBS).…

StockNews.com

BorgWarner to spin off fuel systems, aftermarket business in 'pivot to EVs'

Michigan-based auto supplier BorgWarner Inc. said Tuesday it will spin off its fuel systems and aftermarket businesses into a new publicly traded company.

Tribune News Service

Indy 500 trophy: What's it called? Why does it have faces? & more

When a driver wins the Indianapolis 500, he doesn’t just put his name in the record books: he gets his effigy in sterling silver on the world’s most iconic sports trophy.

Motorsport

Castroneves eligible for $400,000 bonus from BorgWarner

Should Helio Castroneves become the Indianapolis 500’s first five-time winner this month, he will also earn BorgWarner’s bonus prize of $400k for back-to-back victories.

Motorsport

BorgWarner Clocks 3% Sales Decline In Q1; Cuts FY22 Outlook

BorgWarner Inc (NYSE:BWA) reported a first-quarter FY22 sales decline of 3% year-on-year to $3.87 billion, beating the consensus of $3.71 billion. Net sales from the Air Management segment declined 3.97% Y/Y, and the e-Propulsion & Drivetrain Segment lost 5.2%. Gross profit fell 8.3% to $750 million, and gross margin contracted 100 basis points…

Benzinga

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Benzinga

BorgWarner Acquires Santroll Automotive Components

BorgWarner Inc (NYSE:BWA) has completed the acquisition of Santroll Automotive Components, a carve-out of Santroll's eMotor business. The financial details of the deal were not disclosed. The company expects the acquisition to strengthen its vertical integration, scale, and portfolio breadth in light vehicle e-motors. Santroll designs and manufactures hairpin and concentrated-winding technology…

Benzinga

BorgWarner Clocks 7% Sales Decline In Q4; Issues FY22 Outlook

BorgWarner Inc (NYSE:BWA) reported a fourth-quarter FY21 sales decline of 6.9% year-on-year, to $3.65 billion, beating the analyst consensus of $3.47 billion. Net sales from the Air Management segment declined 9.2% Y/Y, and the e-Propulsion & Drivetrain segment lost 6.6%. Gross profit fell 19% to $625 million, and gross margin contracted 260 basis…

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