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.S. Over 6.5 million employer evaluations were considered. The final score is based on two types of evaluations: personal (those given by employees themselves) and public (those given by friends and family members of employees, or members of the public who work in the same industry), with a much higher weighting for personal evaluations.

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 OEM

AUBURN 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.

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 OEM

AUBURN 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 production to continue through 2028 and beyond.

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 brands

AUBURN 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.

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.

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 operating activities of $682 million or $539 million in free cash flow, despite an approximately 4% decline in the Company's weighted light and commercial vehicle markets.BorgWarner expects to deliver continued sales outgrowth, an adjusted operating margin above 10% and strong free cash flow in 2025, despite the Company's expectation that its weighted light and commercial vehicle markets will be down 1% to 3% in 2025. The Company's guidance implies a year-over-year change in organic sales of down 2% to up 2%.

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 governance

AUBURN 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 has been included on the list.

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)

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 rankings

AUBURN 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.

Marks second Baby Borg that Josef Newgarden has received and 20th for team owner Roger PenskeCeremony took place at the Henry Ford Museum of American Innovation

AUBURN HILLS, Mich., Jan. 17, 2025 /PRNewswire/ -- BorgWarner presented 2024 Indianapolis 500 winner Josef Newgarden with his second Championship Driver's Trophy™ at a ceremony yesterday at the Henry Ford Museum of American Innovation. The Trophy, fondly referred to as the 'Baby Borg,' is a 20-inch miniature version of the iconic Borg-Warner Trophy® and features Newgarden's name, team name, average speed and sculpted sterling silver likeness.