NEW YORK, March 7, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 100 are more representative of the mega-cap market space. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P

AUBURN HILLS, Mich., Feb. 12, 2025 /PRNewswire/ -- BorgWarner has been awarded on the Forbes list of America's Best Employers 2025 for the sixth time. This prestigious award is presented in collaboration with Statista, the world-leading statistics portal and industry ranking provider. The award list was announced on February 12th, 2025, and can be viewed on Forbes' website. Forbes and Statista selected America's Best Employers 2025 through an independent survey from a vast sample of over 217,000 U.S. employees working for companies employing at least 1,000 people within the U.

Wastegate turbocharger technology to be deployed on midsized gasoline enginesRobust design enables quick boost response and powerful performanceExtension highlights BorgWarner's longstanding and trusted relationship with OEMAUBURN HILLS, Mich., Feb. 6, 2025 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, is continuing its partnership with a major, North American-based OEM by extending contracts on several wastegate turbocharger programs for midsized gasoline engines. The turbocharged engines will continue to power several of the automaker's midsized and large SUVs, as well as truck applications, with prod

Optimized valve timing improves fuel economy and power outputAdvanced technology meets Tier 4 North American emission standardsStrengthens long-term relationship between BorgWarner and major East Asian OEMAUBURN HILLS, Mich., Feb. 6, 2025 /PRNewswire/ -- BorgWarner enhances its long-standing partnership with a major East Asian OEM by supplying its state-of-the-art Variable Cam Timing (VCT) for the automaker's latest hybrid and gasoline engines. Production of the engines is scheduled to commence in the first quarter of 2026. "Our VCT technology plays a crucial role in enabling

Two transfer cases to be developed and manufactured in ChinaAdvanced transfer cases will enhance overall vehicle performanceWould further strengthen BorgWarner's market share in export models of Chinese domestic brandsAUBURN HILLS, Mich., Feb. 6, 2025 /PRNewswire/ -- BorgWarner is supporting SAIC Maxus by supplying its locally developed and manufactured transfer cases. BorgWarner will provide SAIC Maxus with two types of transfer cases: an on-demand transfer case with mechanical locking and a high-torque part-time transfer case. Mass production is expected to begin in 2026. "B

AUBURN HILLS, Mich., Feb. 6, 2025 /PRNewswire/ -- BorgWarner Inc. (NYSE:BWA) today reported fourth quarter and full-year results and provided 2025 guidance. Fourth Quarter 2024 and 2025 Guidance Highlights BorgWarner achieved an adjusted operating margin of 10.2% during the fourth quarter, which equated to a U.S. GAAP operating margin of (9.2)%, which includes $646 million of goodwill and fixed asset impairment charges recorded during the fourth quarter in our PowerDrive Systems and Battery and Charging Systems business units. The Company also generated net cash provided by op

AUBURN HILLS, Mich., Feb. 6, 2025 /PRNewswire/ -- On February 5, 2025, 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 17, 2025, to stockholders of record on March 3, 2025. For more than 130 years, BorgWarner Inc. (NYSE:BWA) has been a transformative global product leader bringing successful mobility innovation to market. Today, we're accelerating the world's transition to eMobility -- to help build a cleaner, healthier, safer future for all.   View original con

Marks the first time BorgWarner has received this recognitionRanked 6th in automotive and the only automotive supplier included in the Global 100Publicly traded companies with more than $1 billion in revenue assessed on 25 key performance indicators across environmental, social, and governanceAUBURN HILLS, Mich., Feb. 4, 2025 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions for the vehicle market, has been named to the Corporate Knights' 2025 Global 100 sustainability index, a transparent, rules-based sustainability ratings that emphasizes the impact of a company's core products and services. This marks the first time BorgWarner

AUBURN HILLS, Mich., Jan. 30, 2025 /PRNewswire/ -- BorgWarner Inc. (NYSE:BWA) announces the following Webcast: What: BorgWarner 2024 Fourth Quarter & Full Year Results Conference Call When: February 6, 2025 @ 9:30am Eastern Time Where: www.borgwarner.com/investors   How: Live over the Internet -- Simply log on to the web at the address above.   If you are unable to participate during the live webcast, the call will be archived at (www.borgwarner.com/investors) For more than 130 years, BorgWarner Inc. (NYSE:BWA) has been a transformative global product leader bringing successfu

Marks third consecutive year BorgWarner has been included on the listBorgWarner is one of eight automotive parts suppliers namedSocial responsibility, product quality and investment value were factored into rankingsAUBURN HILLS, Mich., Jan. 30, 2025 /PRNewswire/ -- BorgWarner has been named one of 321 companies included on Fortune magazine's 2025 World's Most Admired Companies list. This is the third consecutive year BorgWarner has achieved the accolade, and it ranked 5th in the "motor vehicle parts" category. "We're excited to be named once again to Fortune's World's Most Adm

NEW YORK, March 7, 2025 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 100, S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, March 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 100 are more representative of the mega-cap market space. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P

• Company Also Establishes New Business Unit Structure AUBURN HILLS, Mich., May 30, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE:BWA) today announced that Joseph Fadool, current Vice President of BorgWarner Inc. and President and GM, Emissions, Thermal and Turbo Systems, has been promoted to Executive Vice President and Chief Operating Officer of BorgWarner Inc., effective July 1, 2024. As Chief Operating Officer, Mr. Fadool will be responsible for the operations of the Company with the business unit presidents reporting to him. Mr. Fadool will report to Frédéric Lissalde, President and Chief Executive Officer.

AUBURN HILLS, Mich., March 1, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE:BWA) ("the Company") today announced that Amy Kulikowski has been appointed Vice President and Chief Accounting Officer. Ms. Kulikowski reports directly to Craig Aaron, whose appointment as Chief Financial Officer is effective today. Ms. Kulikowski comes to BorgWarner with more than 25 years of experience in finance and accounting, most recently with Cooper-Standard Holdings Inc. as its Chief Accounting Officer. Ms. Kulikowski is a CPA and member of the American Institute of Certified Public Accountants. She holds a Bachelor of Business Administration from the University of Michigan. 

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 capacity through April 1, 2024, to ensure a smooth transition.

AUBURN HILLS, Mich., Feb. 8, 2023 /PRNewswire/ -- BorgWarner announced today that Hau Thai-Tang has been named to its Board of Directors. "We are pleased to welcome Hau to BorgWarner's Board of Directors," said Alexis P. Michas, non-executive chairman of the Board of BorgWarner. "Hau's extensive industry experience and his forward-looking perspective around electrification transformation make him a solid complement to our Board." Mr. Thai-Tang retired from Ford Motor Company, a global automotive manufacturer, in 2022 as Chief Industrial Platform Officer. In this position, Mr.

AUBURN HILLS, Mich., Sept. 22, 2022 /PRNewswire/ -- BorgWarner announced today that Sailaja Shankar has been named to its Board of Directors. "We are pleased to welcome Sailaja to BorgWarner's Board of Directors," said Alexis P. Michas, non-executive chairman of the board of BorgWarner. "Sailaja's breadth of leadership experience through strategic change in large enterprise organizations, coupled with her digital, cybersecurity, software, and software applications knowledge make her a strong complement to our board as our product line continues to evolve and we deliver on Char

Atar Capital, a Los Angeles-based global private investment firm, announced today it has completed the carve-out acquisition of BorgWarner's North American Controls (BWNAC) business, a wholly owned and operated division of BorgWarner (NYSE:BWA). Headquartered in Detroit, Michigan, with manufacturing located in Water Valley, Mississippi, the business is a leading supplier of transmission solenoids, engine solenoids, stop-start accumulators and hydraulic control modules throughout North America. Cyrus Nikou, founder and managing partner of Atar Capital, said, "Atar is excited to complete this carve-out with BorgWarner and acquire such an impressive world-class operation. As a standalone comp

AUBURN HILLS, Mich., Nov. 9, 2021 /PRNewswire/ -- BorgWarner announced today that Sara A. Greenstein has been named to its Board of Directors. "We are pleased to welcome Sara to BorgWarner's Board of Directors," said Alexis P. Michas, non-executive chairman of the board of BorgWarner. "Sara's breadth of leadership experience in the production and manufacturing space makes her a strong complement to our board." Ms. Greenstein was the President, Chief Executive Officer and Board Member of Lydall, Inc., a leading global manufacturer of value-added engineered materials and special