WebDec 6, 2024 · Through the first nine months of 2024, BorgWarner’s Air Management segment generated revenue of approximately $5.5 billion and segment adjusted operating margin of 13.7%, while its e-Propulsion ... WebFeb 14, 2024 · The spinoff, announced in December, will allow BorgWarner to focus on its growing electric vehicle business as the electrification of the auto industry picks up steam. The supplier invested $150 million into electrification R&D last year and expects to break even on that business by late this year or early 2024, CFO Kevin Nowlan said on a Feb ...
BorgWarner completes $3.3 billion takeover of Delphi Technologies
WebFeb 15, 2024 · BorgWarner has announced Brady Ericson will serve as the new president and chief executive officer, and Chris Gropp will serve as executive vice president and chief financial officer of the separate, publicly traded company that will result from completion of the previously announced proposed spin-off of BorgWarner’s Fuel Systems and … WebFeb 15, 2024 · By aftermarketNews Staff. February 15, 2024. BorgWarner Inc. has announced Brady Ericson will serve as president and CEO, and Chris Gropp will serve … lchf meny
Auburn Hills’ BorgWarner Plans Spin Off of Fuel Systems …
WebApr 10, 2024 · Upcoming spinoffs. April 10, 2024 Spinoffs. This page includes upcoming spinoffs that have been definitively announced, and it includes future spinoffs from American publicly traded companies, though a few foreign companies appear from time to time. Spinoffs that have not been officially confirmed are not included. Last update: April 10, … WebDec 6, 2024 · BorgWarner added it believes the company would "ultimately achieve or exceed" its stated target of 25% of revenue from electric vehicles by 2025. BorgWarner shares were up 3.8% at $43.50 before ... WebBorgWarner Announces Brady Ericson as CEO, Chris Gropp as CFO, and PHINIA Inc. as Company Name for Proposed Fuel Systems and Aftermarket Segment Spin-Off Auburn Hills, Michigan, February 14, 2024 – … lchf muffini