BorgWarner posts $163 million first-quarter net income on strong demand
BorgWarner Inc. posted $163 million, or $1.28 per share, in net income for first quarter of 2012, compared to $129.7 million, or $1.00 per share, in net profit for the same period in... Read more
BorgWarner reported a fourth-quarter net income of $127.5 million
BorgWarner Inc. improved its profits in the fourth quarter as the automaker, driven by the demand from customers who want higher fuel efficiency. For the same period, the auto supplier... Read more
BorgWarner sues Cummins over three patents for titanium turbochargers
A patent infringement suit was filed by BorgWarner Inc. against Cummins Inc., which is being accused of violating three patents on a titanium wheel used in engine turbochargers. According... Read more
Great Wall Motor forms new joint ventures with BorgWarner and Bosch
Joint ventures have been formed by China’s Great Wall Motor Co. with U.S.-based BorgWarner Inc. and Germany’s Robert Bosch GmbH of Germany for the engineering of key components. The Bosch... Read more
BorgWarner reported higher quarterly profits, raises 2011 forecast
Due to the rising demand for BorgWarner Inc.’s fuel economy systems and technologies, it was able to post higher quarterly profits. In the second quarter, the auto parts supplier took a... Read more
BorgWarner expanding its presence in Brazil by building another plant
BorgWarner Inc. is building a 204,500-square-foot plant in Brazil as part of a plan to expand its presence in the country. The turbocharger and transmission parts supplier said that the... Read more
Honeywell to pay $32.5 million to BorgWarner to end patent suit
The patent infringement lawsuit filed by BorgWarner Inc. against Honeywell International Inc. over a titanium wheel featured in engine turbochargers has been resolved with a $32.5 million... Read more
BorgWarner said today first quarter profits rose 63 percent to $124.5 million
In the first three months of 2011, the profits of BorgWarner Inc. increased by 63% to $124.5 million. The company attributed this improvement to the increasing demand for its advanced... Read more
BorgWarner’s fourth-quarter net income more than doubled, report says
For the fourth quarter of 2010, BorgWarner Inc.’s net income more than doubled from the same quarter last year. And because of this, the supplier boosted its new-business expectations for... Read more
BorgWarner seeks to buy Haldex AB’s traction unit for $205 million cash
As part of efforts to expand into all-wheel-drive technology, BorgWarner Inc. plans to buy Haldex AB's traction unit for about $205 million in cash. BorgWarner, the world's biggest maker... Read more
BorgWarner to supply EFR turbochargers to Honda’s CR-Z Hybrid race car
The EFR turbochargers for three of Honda Performance Development (HPD)’s projects will be supplied by BorgWarner. These projects are the following: the 2011 ALMS LMP2 engine, the CR-Z... Read more
China’s auto industry could more than double by 2020, says BorgWarner CEO
BorgWarner Inc. CEO Timothy Manganello said during the Reuters Global Autos Summit that production capacity in China's auto industry could grow to 40 million units by 2020. However, a... Read more
BorgWarner expects 28 percent improvement in powertrain business
Because of the surge in the demand for fuel-efficient engine and transmission technologies, BorgWarner Inc. anticipates a 28 percent increase in new business for its powertrain products... Read more
2010 Audi TT RS to use BorgWarner turbochargers
Turbochargers and timing drive systems for the Audi TT RS and its new 2.5l five cylinder inline gasoline engine will be provided by BorgWarner, which is known for specializing in advanced... Read more
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