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) is a motor vehicle parts manufacturer that regularly issues news on mobility technologies, electrification programs, financial performance, and corporate developments. Its press releases highlight contracts with global original equipment manufacturers, new product awards, and updates on its transition toward electrified and hybrid propulsion systems, alongside information on dividends and earnings.
Investors and industry followers can use this news feed to review announcements about BorgWarner’s battery systems for fully electric and autonomous shuttles, integrated drive modules for hybrid SUVs, dual inverters for hybrid and plug-in hybrid vehicles, electric motors for new energy vehicles, and high-voltage coolant heaters for plug-in hybrid platforms. The company also reports on all-wheel drive technologies, such as torque-on-demand transfer cases and Cross Wheel Drive systems, as well as turbocharger contracts for hybrid SUV engines and other combustion-related components.
Financial updates are another key element of BorgWarner’s news. The company publishes quarterly earnings releases, guidance ranges, and details on capital allocation, including share repurchases and quarterly cash dividends declared by its Board of Directors. Selected 8-K filings reference these releases and provide context on how the company presents adjusted operating margins, earnings per share, and non-comparable items.
In addition, BorgWarner’s news includes items related to legal settlements, spin-off-related matters, and its longstanding association with the Borg-Warner Trophy for the Indianapolis 500. Readers interested in BWA news can follow this page to review the company’s own descriptions of its contracts, technologies, financial results, and brand-related activities over time.
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.
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