Press Releases

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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May 30, 2024

BorgWarner Awarded on the USA TODAY America’s Best Climate Leaders 2024 List

Auburn Hills, Michigan, May 30, 2024 – BorgWarner has been awarded on USA TODAY’s list of America’s Best Climate Leaders 2024. This prestigious award is presented by USA TODAY and Statista Inc., the world-leading statistics portal and ...

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Smiling man in blue plaid suit leans against a bridge
May 30, 2024

BorgWarner Announces Appointment of Joseph Fadool as Chief Operating Officer

Company Also Establishes New Business Unit StructureAuburn Hills, Michigan, May 30, 2024 – BorgWarner Inc. (NYSE: BWA) today announced that Joseph Fadool, current Vice President of BorgWarner Inc. and President and GM, Emissions, Thermal ...

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Man in fire suit smiles and holds large check while shaking hands with man, group of people in background
May 28, 2024

Borg-Warner Trophy® and $440,000 Rolling Jackpot Awarded to 2024 Indianapolis 500 Winner Josef Newgarden

Josef Newgarden captures back-to-back Indy 500 victories, earning $440,000 rolling jackpot Newgarden passed Pato O’Ward on the final lap to cross the yard of bricks to win by 0.3417 secondsBorgWarner’s Engineered for Racing (EFR™) turbochargers ...

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Man in black shirt stands on speedway track holding large check for $440,000
May 13, 2024

Josef Newgarden can Earn $440,000 with Indianapolis 500 Win from BorgWarner’s Rolling Jackpot

Jackpot increases by $20,000 each yearClaimed only once since established in 1995Only five drivers have won back-to-back Indy 500 racesAuburn Hills, Michigan, May 13, 2024 – The BorgWarner rolling jackpot currently totals $440,000, awaiting ...

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Large gray automotive component
May 02, 2024

BorgWarner Supplies Polestar BEV SUVs with Electric Torque Vectoring and Disconnect Systems

First-to-market technology highlights BorgWarner’s electric torque management systems and controls excellenceSystem adaptively improves vehicle safety regardless of road and weather conditionsTechnology significantly enhances the dynamic ...

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Rendering of the eMotor Stator Rotor
May 02, 2024

BorgWarner Secures Additional eMotor Business with XPeng

800V oil-cooled high-voltage hairpin eMotors for two future XPeng SUV modelsBorgWarner eMotor offers high power and torque density, enhanced efficiency, and superior durabilitySolidifies the company’s technology leadership and long-standing ...

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May 02, 2024

BorgWarner Reports First Quarter 2024 Results and Increases Full-Year EPS Guidance Announces Additional Share Repurchase Authorization

Auburn Hills, Michigan, May 2, 2024 – BorgWarner Inc. (NYSE: BWA) today reported first quarter results.Charging Forward Update:BorgWarner has solidified two high voltage hairpin (HVH) eMotor business wins with XPeng, a leading Chinese ...

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Apr 25, 2024

BORGWARNER DECLARES QUARTERLY DIVIDEND

Auburn Hills, Michigan, April 25, 2024 – On April 24, 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 June 17, 2024, to stockholders ...

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Mar 28, 2024

BorgWarner Awarded on Newsweek’s Most Trustworthy Companies in America 2024 List

Auburn Hills, Michigan, March 28, 2024 - BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, has been awarded on Newsweek’s list of Most Trustworthy Companies in America 2024. This prestigious ...

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Mar 06, 2024

BorgWarner Partners with Manufacture 2030 to Reduce Supply Chain Emissions

Partnership will support BorgWarner in reaching Scope 3 emissions reduction goalSuppliers will be encouraged to use tool to track energy usageAuburn Hills, Michigan, March 6, 2024 – BorgWarner has entered into a strategic partnership with ...

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Mar 01, 2024

BorgWarner Announces Appointment of Chief Accounting Officer

Auburn Hills, Michigan, March 1, 2024 – BorgWarner Inc. (NYSE: BWA) (“the Company”) today announced that Amy Kulikowski has been appointed Vice President and Chief Accounting Officer. Ms. Kulikowski reports directly to Craig Aaron, whose ...

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Feb 23, 2024

BorgWarner Recommends Stockholders Reject the Below Market Mini-Tender Offer by TRC Capital Investment Corporation

Auburn Hills, Michigan, February 22, 2024 – BorgWarner Inc. (NYSE: BWA) (“the Company”) today announced that it has received notice of an unsolicited mini-tender offer by TRC Capital Investment Corporation of Ontario, Canada, to purchase ...

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Feb 14, 2024

BorgWarner Awarded on the Forbes America’s Best Employers 2024 List

Auburn Hills, Michigan, February 14, 2024 – BorgWarner has been awarded on the Forbes list of America’s Best Employers 2024. This prestigious award is presented by Forbes and Statista Inc., the world-leading statistics portal and industry ...

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Rendering of the eMotor Stator Rotor
Feb 08, 2024

BorgWarner Strengthens eMotor Business with XPeng

Production began January 2024 for use on XPeng’s X9 MPVStator winding technology delivers industry-leading power density and efficiencyOil cooling improves motor heat dissipation BorgWarner has begun eMotor rotor and stator production ...

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Metal automotive part
Feb 08, 2024

BorgWarner Secures Contract Extending High Voltage Coolant Heater Business with Global OEM

High voltage coolant heaters (HVCH) will be incorporated on electric SUVs and passenger trucksTechnology regulates battery pack temperature and cabin heating in EVsTo be manufactured at BorgWarner’s Cadillac, Michigan facility Auburn Hills, ...

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Gray silver automotive component in compact box
Feb 08, 2024

BorgWarner Secures Boosted Dual Inverter Business with Chinese OEM

Dual inverters with boost to be featured on automaker’s PHEVs and REEVsTechnology offers high integration, dynamic performance and flexibilityAuburn Hills, Michigan, February 8, 2024 – BorgWarner has secured a contract with a major Chinese ...

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Feb 08, 2024

BorgWarner Signs International Strategic Relationship Agreement with FinDreams Battery for LFP Battery Packs

BorgWarner to be the preferred manufacturer of LFP battery packs for commercial vehicle markets (class 3 and above) in Europe, the Americas, and parts of Asia Pacific  Auburn Hills, Michigan, February 8, 2024 – BorgWarner Inc. (NYSE: BWA) ...

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Feb 08, 2024

BorgWarner Reports Full Year 2023 Results, Expects 2024 eProduct Sales to Grow Approximately 25% to 40%

Auburn Hills, Michigan, February 8, 2024 – BorgWarner Inc. (NYSE: BWA) today reported fourth quarter and full-year results.Charging Forward Update:BorgWarner has announced a strategic relationship agreement with FinDreams Battery, a subsidiary ...

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Feb 08, 2024

BorgWarner Declares Quarterly Dividend

Auburn Hills, Michigan, February 8, 2024 – On February 7, 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 March 15, 2024, to ...

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