Press Releases - BorgWarner

Press Releases

Oct 17, 2024

BorgWarner Announces Full Redemption of its 5.000% Senior Notes Due 2025

Auburn Hills, Michigan, October 17, 2024 – BorgWarner Inc. (NYSE: BWA) (“BorgWarner” or the “Company”) announced today that it will redeem in full the entire outstanding $343,443,000 aggregate principal amount of its 5.000% Senior Notes ...

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Oct 16, 2024

BorgWarner Included in the TIME World’s Best Companies 2024 Ranking

Auburn Hills, Michigan, October 16, 2024 – BorgWarner has been included in the TIME World’s Best Companies 2024 ranking. This award is presented by TIME and Statista, the world-leading statistics portal and industry ranking provider. The ...

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Large silver double turbocharger with grey background
Sep 23, 2024

BorgWarner Launches Largest Passenger Car Twin Turbochargers to Power General Motors’ Corvette

Turbochargers to boost General Motors’ Chevrolet Corvette ZR1 featuring 5.5-liter flat plane crankshaft V8 engineTurbochargers utilize patented decoupled ball bearing system, enabling faster response time, higher durability, and limited ...

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Aug 29, 2024

BorgWarner Wins Silver and Bronze Brandon Hall Group Excellence Awards

Auburn Hills, Michigan, August 29, 2024 – BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, won several coveted Brandon Hall Group™ awards: a silver award in the category of Best Learning ...

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Aug 27, 2024

BorgWarner Showcases Latest Innovations in Clean Transportation Technologies at IAA Transportation 2024

Debut of BorgWarner LFP battery packs and new DC charging station for commercial vehicles Cutting-edge eCV technologies for optimal vehicle efficiencyMeet BorgWarner's senior executives onsite for insightful discussions on our vision, ...

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Aug 21, 2024

BorgWarner Awarded on the Forbes List of America’s Best-In-State Employers 2024 for Third Consecutive Year

Auburn Hills, Michigan, August 21, 2024 – BorgWarner has been awarded on the Forbes list of America’s Best-In-State Employers 2024, marking the third consecutive year the company has made the list. This prestigious award is presented by ...

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Aug 16, 2024

BorgWarner Wins Two Prestigious PR Daily Social Media & Digital Awards

Auburn Hills, Michigan, August 16, 2024 – BorgWarner has been named a winner in PR Daily’s Social Media & Digital Awards in both the LinkedIn and Twitter/X categories. PR Daily’s Social Media & Digital Awards celebrates the organizations, ...

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Aug 14, 2024

BorgWarner Announces Final Results of its Cash Tender Offers for its Senior Notes

Auburn Hills, Michigan, August 14, 2024 – BorgWarner Inc. (NYSE: BWA) (the “Company”) today announced the expiration and final results of its previously announced tender offers (the “Tender Offers”) to purchase for cash any and all of ...

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Aug 13, 2024

BorgWarner Announces Pricing of Cash Tender Offers for its Senior Notes

Auburn Hills, Michigan, August 13, 2024 – BorgWarner Inc. (NYSE: BWA) (the “Company”) today announced that it has priced the previously announced tender offers (the “Tender Offers”) to purchase for cash any and all of the Company’s outstanding ...

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Aug 08, 2024

BorgWarner to Showcase Expanded Product Line Up at Automechanika Frankfurt 2024

Explore BorgWarner's latest additions to its aftermarket portfolio: timing chains, friction plates, mechatronic modules for dual clutches, and inverters First Automechanika Frankfurt appearance featuring the new company logo and updated ...

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Aug 07, 2024

BorgWarner Prices $1 Billion Senior Notes Offering

Auburn Hills, Michigan, August 7, 2024 – BorgWarner Inc. (NYSE: BWA) (“BorgWarner” or the “Company”) announced today it priced a public offering of $500 million aggregate principal amount of its 4.950% Senior Notes due 2029 (the “2029 ...

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Aug 07, 2024

BorgWarner Announces Cash Tender Offers for its Senior Notes

Auburn Hills, Michigan, August 7, 2024 – BorgWarner Inc. (NYSE: BWA) (the “Company”) today announced that it has commenced tender offers to purchase for cash the debt securities issued by the Company listed in the table below (collectively, ...

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Aug 03, 2024

Statement Regarding Former Employee Paul Whelan

BorgWarner is relieved that Paul Whelan and several other detainees were released from Russia in August 2024, and are safely at home. While the purpose of Mr. Whelan’s trip to Russia in December 2018 was personal and not business-related, ...

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Two long silver mechanical parts
Jul 31, 2024

BorgWarner Clinches Contracts to Supply Durable, Efficient EGR Coolers to Commercial Vehicle Customer

Contracts for two different exhaust gas recirculation (EGR) coolers awardedResult of strong relationship development and technology leadershipProprietary compact floating core architecture enables high levels of reliability, extends product ...

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Large silver mechanical part
Jul 31, 2024

BorgWarner Secures BEV electric Cross Differential Contracts with Three Global OEMs

eXD (electric cross differential) improves vehicle traction, handling and stabilityTechnology is applicable to all EV architectures, including rear, front and dual motorsHighlights BorgWarner’s proven capabilities to offer intelligent ...

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Large mechanical fan
Jul 31, 2024

BorgWarner to Deliver eFan System for Global OEM’s Heavy-Duty BEV Trucks

Marks the company’s largest eFan business win in North America eFan can reach up to 10 kW power and 40 Nm torqueSystem’s e-motor and power electronics are liquid cooled for long-term reliabilityAuburn Hills, Michigan, July 31, 2024 – BorgWarner, ...

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Jul 31, 2024

BorgWarner Reports Second Quarter 2024 Results, Increases Full-Year Adjusted Operating Margin and EPS Guidance

Auburn Hills, Michigan, July 31, 2024 – BorgWarner Inc. (NYSE: BWA) today reported second quarter results.Strong Second Quarter Margin and Free Cash Flow, Increasing Full Year Adjusted Operating Margin and EPS GuidanceBorgWarner achieved ...

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BorgWarner Wet Clutch and Hydraulic Control Module
Jul 30, 2024

BorgWarner Supplies Buick with Wet Clutch and Hydraulic Control Module for New 2-Speed Hybrid Transmission

Hybrid transmission will be used in Buick’s brand new GL8 PHEV van Modular and lightweight design enhances efficiency and performance Production started in Q2 2024BorgWarner provides its wet clutch and hydraulic control module for the ...

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Jul 24, 2024

BorgWarner Declares Quarterly Dividend

Auburn Hills, Michigan, July 24, 2024 – On July 23, 2024, the Board of Directors of BorgWarner Inc. (NYSE: BWA) declared a quarterly cash dividend of $0.11 per share of common stock. The dividend is payable on September 16, 2024, to stockholders ...

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2024 Sustainability Report Cover
Jul 11, 2024

BorgWarner Releases 2024 Sustainability Report

Created product portfolio enabling efficient powertrain electrification for hybrids and battery electric vehicles while maintaining a strong core of fuel efficiency-driven productsReduced Scope 1 & 2 greenhouse gas emissions by 32% through ...

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