BorgWarner Inc. reports developments as a global automotive supplier serving original equipment manufacturers with turbo and thermal management technologies, drivetrain systems, powerdrive systems, and battery and charging systems. Company updates commonly cover OEM program awards for passenger cars, vans, commercial vehicles and off-highway applications, including variable turbine geometry turbochargers, exhaust gas recirculation coolers, controllers and battery management systems.
Recurring news also includes quarterly earnings, shareholder returns, sustainability recognition and BorgWarner's long-running Indianapolis 500 trophy programs. The company's disclosures reflect a supplier portfolio spanning combustion vehicle technologies and electrified mobility components across major automotive markets.
BorgWarner (BWA) has won three turbocharger contracts with a global powertrain technology customer for its light-vehicle gasoline platforms.
The awards cover one variable turbine geometry turbocharger contract and two wastegate turbocharger contracts. The technology will be used in South America and Europe, with production for all three turbochargers scheduled for 2027.
BorgWarner (BWA) has secured three electric motor business awards in China covering range-extended, battery-electric and hybrid vehicle applications. Production is expected to begin between 2027 and 2028.
The awards include its first electric motor program with the China joint venture operations of a global vehicle manufacturer, supplying stator and rotor assemblies for a next-generation range-extended vehicle platform. BorgWarner will also continue supplying main drive motor assemblies for a Chinese new energy vehicle manufacturer's next-generation SUV platforms. A third award covers motor assemblies for an electric drive system supplier, for integration into hybrid propulsion systems across several vehicle programs intended for global markets.
BorgWarner (BWA) has secured an award to supply next-generation high-voltage traction inverters for a global automotive manufacturer's future battery-electric vehicles. The award extends an existing inverter supply relationship into the customer's next vehicle generation.
The inverter converts battery direct current into alternating current to power the electric motor. The new platform incorporates updated power module technology and a simplified design. BorgWarner says the design supports efficiency, cost competitiveness and packaging flexibility.
BorgWarner (NYSE: BWA) raised its 2026 adjusted earnings guidance after third-quarter diluted earnings increased to $1.08 per share despite lower sales. Revenue fell approximately 2.9% year over year to $3,487 million, while adjusted earnings per share rose 12.1% to $1.39. GAAP operating margin increased 180 basis points to 8.7%; adjusted margin rose 20 basis points to 10.9%.
The company now expects adjusted earnings of $5.20–$5.35 per share, versus $5.05–$5.30 previously. Its sales forecast narrowed to $14.0–$14.2 billion from $14.0–$14.3 billion. Full-year free cash flow guidance remained $900–$1,100 million. During the quarter, gross debt fell $864 million and share repurchases totaled approximately $175 million. BorgWarner also secured nine business awards spanning engine controls, turbochargers, electric motors and an inverter.
BorgWarner (BWA) has been named to Newsweek's World's Most Trustworthy Companies 2026 list for the third consecutive year, ranking 36th in the Automotive & Components industry category.
The ranking, presented by Newsweek in partnership with Statista, highlights companies that have earned the confidence of customers, employees and investors. The 2026 list recognizes 1,000 companies worldwide based on an evaluation that combined independent survey responses from more than 65,000 participants in 20 countries, yielding about 200,000 company evaluations, and a social listening analysis of more than 320,000 media mentions. Survey results accounted for 80% of the overall score, with social listening contributing 20%. BorgWarner links this recognition to its emphasis on integrity, transparent governance and responsible operations in support of long-term value creation.
BorgWarner (BWA) released its 2026 Sustainability Report, titled “Powering Tomorrow,” outlining progress toward its sustainability goals and clean, energy‑efficient vision.
The report highlights developments in greenhouse gas emissions reduction, enhanced supplier sustainability engagement, strengthened cybersecurity awareness, and ongoing investment in employee development and internal career growth. CEO Joseph F. Fadool emphasizes the role of advanced technologies, responsible business practices, and long-term value creation for customers, employees, stockholders, and communities. The full report is available on BorgWarner’s sustainability webpage.
BorgWarner (NYSE: BWA) announced the expiration and final results of its cash tender offers for multiple series of senior notes, which expired at 5:00 p.m. New York City time on August 14, 2026. The company increased the Waterfall Cap for the offers to $730,000,000, excluding accrued interest, and raised the amount of 4.950% notes accepted for payment by 2% of that series’ outstanding principal without extending or amending the offer.
According to BorgWarner, it accepted for purchase $27.105 million of 7.125% notes due 2029 (any‑and‑all offer), $130.482 million of 4.375% notes due 2045, $339.547 million of 5.400% notes due 2034, and $272.772 million of 4.950% notes due 2029. Although holders tendered $300.008 million of 2.650% notes due 2027 (subject to a $250 million sub‑cap and lowest acceptance priority), none were accepted. Tender consideration per $1,000 principal amount was set on August 14, 2026, and accepted holders will also receive an accrued interest payment on the applicable settlement date.
BorgWarner (NYSE: BWA) announced the reference yields and cash tender consideration for its previously launched tender offers for five Series of senior notes. The company is offering to purchase any and all of its 7.125% Senior Notes due 2029 ($120.685 million outstanding), and up to $720 million in aggregate tender consideration for four additional “Waterfall Notes” series, excluding accrued interest.
The Waterfall Notes include 4.375% notes due 2045, 5.400% notes due 2034, 4.950% notes due 2029, and 2.650% notes due 2027, with a $250 million sub-cap on the 2.650% 2027 notes. Tender consideration per $1,000 principal is set using U.S. Treasury reference securities plus fixed spreads, resulting in series-specific prices (e.g., $1,061.70 for the 7.125% 2029 notes and $986.77 for the 2.650% 2027 notes). The offers expire at 5:00 p.m. New York City time on August 14, 2026, with settlement expected on August 18, 2026. Holders whose notes are accepted will also receive accrued interest.
BorgWarner (NYSE: BWA) has launched cash tender offers for certain outstanding senior notes, including an Any and All Offer for its 7.125% Senior Notes due 2029 with $120,685,000 principal outstanding, and separate offers for four additional series of Waterfall Notes.
The Waterfall Offers cover 4.375% 2045, 5.400% 2034, 4.950% 2029 and 2.650% 2027 Notes, with aggregate Tender Consideration for Waterfall Notes capped at $720,000,000 (the Waterfall Cap) and a $250,000,000 Sub Cap on the 2.650% Notes. Tender Consideration per $1,000 will be set using fixed spreads over specific U.S. Treasury reference securities based on yields at 3:00 p.m. New York City time on August 14, 2026, the Price Determination Date. The Tender Offers expire at 5:00 p.m. New York City time on August 14, 2026, with settlement expected on August 18, 2026. Holders whose notes are accepted will receive Tender Consideration plus accrued and unpaid interest. BorgWarner also intends to redeem on September 9, 2026 any 7.125% Notes not purchased in the Any and All Offer at a make-whole redemption price, subject to the 7.125% Notes Indenture.
BorgWarner (NYSE:BWA) announced new variable cam timing (VCT) program awards in Europe and China, including a program life extension and significant volume increase for a leading European premium OEM’s V6 hybrid and gasoline engine family, and a conquest win for a major Chinese OEM’s 1.5-liter turbocharged gasoline engine family.
BorgWarner’s center-bolt Cam Torque Actuated (CTA) VCT system is already in series production for the European V6 engines, with increased volumes and life extension starting January 2027, while production for the Chinese 1.5-liter engine family is planned to start in September 2026.