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.