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 (NYSE: BWA) reported Q4 and full-year 2024 results, showing Q4 net sales of $3,439 million, down 2.4% year-over-year, with an adjusted operating margin of 10.2%. The company recorded a Q4 net loss of $(1.84) per diluted share, including $646 million in goodwill and fixed asset impairment charges.
For full-year 2024, net sales were $14,086 million, down 0.8% from 2023, with adjusted net earnings of $4.32 per diluted share. The company generated $1,382 million in operating cash flow and $729 million in free cash flow.
Looking ahead to 2025, BorgWarner expects net sales between $13.4-14.0 billion, with organic sales growth ranging from -2% to +2%. The company forecasts adjusted operating margin of 10.0-10.2% and adjusted net earnings of $4.05-4.40 per diluted share, despite expecting weighted light and commercial vehicle markets to decline 1-3%.
BorgWarner has been named to Corporate Knights' 2025 Global 100 sustainability index for the first time, ranking 64th overall and 6th in the automotive sector as the only automotive supplier included. The assessment covered 8,359 publicly traded companies with over $1B in revenue, evaluated across 25 key performance indicators.
Key achievements include: 87% of 2023 revenue from EV and emissions-reducing products, 66% of R&D and 61% of capital expenditures dedicated to eProducts, and a 32% reduction in Scope 1 and 2 emissions compared to 2021. The company also reported that 64% of leadership positions were filled internally, exceeding their 50% goal, with improved voluntary turnover rates from 2022 to 2023.
BorgWarner has secured a position on Fortune magazine's 2025 World's Most Admired Companies list for the third consecutive year, ranking 5th in the 'motor vehicle parts' category among 321 selected companies. The company was one of eight automotive parts suppliers recognized on the prestigious list.
The selection process, conducted by Fortune in partnership with Korn Ferry, began with approximately 1,500 candidates, including the 1,000 largest U.S. companies by revenue and non-U.S. Fortune Global 500 companies with revenues exceeding $10 billion. This pool was narrowed to 650 companies across 30 countries based on revenue rankings within their industries.
Companies were evaluated on nine key attributes, including investment value, management quality, product quality, social responsibility, and talent attraction. The final rankings were determined through votes from industry executives, directors, and analysts, with companies required to rank in the top half of their industry survey to be listed.
BorgWarner presented the Championship Driver's Trophy (Baby Borg) to Josef Newgarden for his 2024 Indianapolis 500 victory at the Henry Ford Museum of American Innovation. This marks Newgarden's second Baby Borg trophy, while Team Penske owner Roger Penske received his 20th Championship Team Owner's Trophy.
The Baby Borg, a 20-inch miniature version of the Borg-Warner Trophy, features Newgarden's name, team name, average speed, and sterling silver likeness. Newgarden's win makes him the sixth driver in history to achieve back-to-back Indy 500 victories. He will attempt to make history in 2025 by pursuing a third consecutive win.
Penske's 20 victories as team owner span six decades, starting in 1972, with 14 different winning drivers. The original Borg-Warner Trophy, commissioned in 1936, now features 111 faces of Indy 500 winners, with Newgarden's likeness being added in December 2024.
BorgWarner has been named to Forbes' America's Best Employers for Engineers 2025 list, as announced on November 20th, 2024. The recognition, presented in collaboration with Statista, was based on an independent survey of over 28,000 U.S. employees across various industry sectors.
The evaluation process included both personal feedback from employees and public opinions from industry professionals and family members. Chief Human Resources Officer Tania Wingfield emphasized the company's commitment to fostering innovation and investing in employee development through programs like Power To Evolve and leadership training initiatives.
This recognition highlights BorgWarner's dedication to maintaining a workplace culture that values employee satisfaction, career growth, and competitive compensation for engineering professionals.
BorgWarner announces leadership transition as Joseph Fadool, current EVP and COO, will succeed Frédéric Lissalde as President and CEO effective February 6, 2025. Lissalde will retire after 25 years with the company and remain in an advisory role until August 30, 2025. Fadool, a 14-year veteran of the company who has led four business units, brings extensive industry experience and operational expertise. The succession plan reflects the company's commitment to maintaining its leadership in electrified vehicle technology and market-leading product portfolio.
BorgWarner (NYSE: BWA) has announced its quarterly dividend declaration. The company's Board of Directors declared a quarterly cash dividend of $0.11 per share of common stock on November 6, 2024. The dividend will be paid on December 16, 2024, to stockholders of record as of December 2, 2024. BorgWarner, a global product leader in mobility innovation for over 130 years, continues its commitment to advancing eMobility solutions for a sustainable future.
BorgWarner has secured extensions on two transfer case contracts with a major North American OEM for upcoming vehicle launches. The company will supply Electro-Mechanical On-Demand (EMOD) and Electric Shift-on-the-Fly (ESOF) transfer cases for combustion and hybrid passenger truck platforms. Production is scheduled to begin in 2027 for two platforms and 2028 for the third. The EMOD offers faster response and improved torque accuracy, while the ESOF is designed for rugged part-time four-wheel drive systems. Both transfer cases feature BorgWarner's HY-VO® driveline chain and will be manufactured in Seneca, South Carolina.
BorgWarner has secured three major High Voltage Coolant Heater (HVCH) contracts in Asia. A Chinese OEM selected HVCH for an electric SUV with production starting Q2 2025, while a Korean manufacturer chose it for an electric pickup starting Q1 2025. Additionally, BorgWarner won its first HVCH contract with a Japanese OEM, with production beginning in 2028. The HVCH technology features a compact, modular design with Thick Film Element technology, offering power ranges from 3 to 10 kW and voltage compatibility from 250 to 800 volts. The system enhances battery performance, enables rapid cabin heating, and improves driving range efficiency.
BorgWarner (NYSE: BWA) reported Q3 2024 results with net sales of $3,449 million, down 5% year-over-year. The company achieved an adjusted operating margin of 10.1% and generated $356 million in operating cash flow. Despite a 5.6% decline in vehicle markets, earnings per share reached $1.08. BorgWarner increased its full-year adjusted operating margin guidance by 20 basis points and adjusted EPS guidance by 4%. The company completed a $400 million share repurchase program in 2024, with $300 million executed in Q3. Notable new business wins include transfer case awards and high-voltage coolant heater contracts.