USX:BWA - BorgWarner Inc BorgWarner Inc
Sector: Consumer Discretionary, Industry: Auto Parts & Equipment
Next Earnings: 2 May 2024
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USD 34.7    +1.05 (+3.12%)

27 Mar 2024


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General

CEO: Mr. Frederic B. Lissalde

IPO: 1993-08-12

Headquarters: US

Employees: 39,900

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Description

BorgWarner is a Tier I auto-parts supplier with three operating segments. The air management group makes turbochargers, e-boosters, e-turbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, powertrain sensors, and cabin heaters. The drivetrain and battery systems group produces automatic transmission components, torque management products, battery heaters, battery charging, and battery modules. The e-propulsion segment makes e-motors, power electronics, and software and control modules. The company's largest customers are Ford and Volkswagen at 13% and 8% of 2022 revenue, respectively. Geographically, Europe accounted for 34% of 2022 revenue, while Asia and North America were 32% each.

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