Welcome to our dedicated page for Borgwarner news (Ticker: BWA), a resource for investors and traders seeking the latest updates and insights on Borgwarner stock.
BorgWarner Inc. (NYSE: BWA) - a global leader in propulsion systems and electrification solutions - maintains this dedicated news hub for investors and industry stakeholders. Access official press releases, financial disclosures, and strategic updates from the automotive technology innovator.
This resource consolidates BorgWarner's latest developments in e-mobility advancements, powertrain innovations, and sustainability initiatives. Users will find timely updates on earnings reports, product launches, manufacturing expansions, and technology partnerships that shape the future of vehicle propulsion systems.
Key content categories include quarterly financial results, breakthrough engineering developments in electric vehicle components, strategic acquisitions, and updates on emission-reduction technologies. The archive serves as an essential tool for tracking BorgWarner's progress in balancing combustion engine optimization with next-generation electrification solutions.
Bookmark this page for direct access to unfiltered corporate communications from one of the automotive industry's most influential suppliers. Check regularly for updates on how BorgWarner continues to drive innovation in hybrid and electric vehicle technologies while maintaining leadership in traditional propulsion systems.
BorgWarner is developing an Integrated Drive Module (iDM) for Ford's all-electric Mustang Mach-E SUV, featuring a comprehensive thermal-management system, gearbox, motor, and power electronics. This innovative design enhances system integration and efficiency, addressing the growing demand for high-performance electric vehicles. With a capacity of 4,278 Nm of axle torque and input speeds up to 13,800 rpm, the iDM is optimized for smooth operation. Production is set to commence this year for both rear-wheel and all-wheel-drive configurations, showcasing BorgWarner's partnership with Ford in electrification.
BorgWarner Inc. (NYSE: BWA) reported a significant second quarter net sales decline of 44%, totaling $1,426 million, primarily due to COVID-19 disruptions. The net loss was $(98) million, or $(0.47) per diluted share, compared to a net income of $172 million, or $0.83 per diluted share in Q2 2019. Adjusted net loss per share was $(0.14), down from $1.00 in the previous year. The company projects full-year net sales of $8.0 billion to $8.4 billion, reflecting an expected organic sales decrease of 16% to 20%. Operating cash flow is estimated between $700 million and $850 million.
BorgWarner Inc. (NYSE: BWA) has declared a quarterly cash dividend of $0.17 per share, payable on September 15, 2020 to shareholders on record as of September 1, 2020. This decision reflects the company’s commitment to returning value to its shareholders. Known for its innovative technology solutions in the automotive sector, BorgWarner operates globally with approximately 29,000 employees across 67 locations in 19 countries, emphasizing sustainability in combustion, hybrid, and electric vehicle technologies.
BorgWarner has commenced supplying its high-performance electric drive modules (eDM) to three Chinese new energy vehicles: the JMC-Ford Territory, AIWAYS SUV U5, and Leading Ideal One. The eDM is lightweight, compact, and designed for high integration and operational efficiency, delivering over 95% efficiency. For the Territory, it provides 120kW and 280Nm torque; the U5 offers 120kW and 315Nm; while the Leading Ideal One delivers 140kW and 290Nm. Production has started in Beijing and Wuhan.
FAQ
What is the current stock price of Borgwarner (BWA)?
What is the market cap of Borgwarner (BWA)?
