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BorgWarner Announces Name, Leadership for Aftermarket Spinoff

Brady Ericson named CEO and Chris Gropp named CFO of PHINIA Inc.

BorgWarner Appoints Retired Ford Exec to Board of Directors

Hau Thai-Tang retired from Ford Motor Co. in 2022 as chief industrial platform officer.

BorgWarner Reports Full Year 2022 Results 

The company says it expects 2023 electric vehicle sales of $1.5 billion to $1.8 billion.

BorgWarner Named to Fortune’s 2023 ‘Most Admired’ List

This marks the first time BorgWarner – one of eight automotive parts suppliers named – has been included on the list.

BorgWarner Included in 2023 Bloomberg Gender-Equality Index

The index measures gender equality across equal pay and gender pay parity, leadership and talent pipeline, inclusive culture and more.

BorgWarner Announces New Scope 3 Emissions Reduction Target

BorgWarner says it is committed to reduce its absolute Scope 3 emissions by at least 25% by 2031 from a 2021 baseline.

BorgWarner Named to Newsweek’s ‘Most Responsible’ List

Companies are selected based on key performance indicators related to corporate social responsibility reports, sustainability reports and more.

BorgWarner Acquires Drivetek AG

BorgWarner says the acquisition will support growth of its High Voltage eFan business.

BorgWarner to Spin-Off Fuel Systems, Aftermarket Segments

Upon completion, the company would achieve its 2025 disposition objective as part of “charging forward” strategy.

BorgWarner to Invest $500M in Wolfspeed

Access to a dedicated supply of silicon carbide (SiC) devices is significant to BorgWarner’s inverter growth plan.