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BorgWarner Inc., the maker of automatic-transmission parts, would consider acquisitions in Asia and may resume dividend payments in November.

Tags: Acquisitions, Asia, Automatic Transmission, Borgwarner, Borgwarner Inc, Dividend Payments, Dividends, Resume Maker

Auto parts maker BorgWarner posted stronger-than-expected quarterly earnings and raised its full-year earnings forecast due to stronger vehicle output in North America, Europe and China.

Tags: Auto Parts, Borgwarner, China, Europe, North America, North America Europe, parts maker, Quarterly Earnings, Record Earnings

BorgWarner Inc. forecasts about $1.8 billion in new powertrain business in the next three years as automakers revamp their engines and transmissions to meet stricter government mandates on emissions and fuel efficiency.

Tags: Automakers, Borgwarner, Borgwarner Inc, Emissions, Fuel Efficiency, Government Mandates, Powertrain, Transmissions, USD

BorgWarner Inc. expects about $1.8 billion in net new business through 2012 with 80 percent from programs launching in Europe and Asia and 20 percent from the Americas.

Tags: 8b, Americas, Asia, Asia BorgWarner Inc., Borgwarner, Borgwarner Inc, Europe, Europe Asia, New Business, USD

BorgWarner Inc. forecasts about $1.8 billion in net new powertrain business in the next three years, surprising analysts who expected the supplier’s plan to take a sharper hit from the global recession.

Tags: Borgwarner, Borgwarner Inc, Global Recession, Global Storm, Powertrain, USD, Weathers

BorgWarner Inc. swung into the black during the third quarter on improved sales that neared the supplier’s newly-lowered break-even point.

Tags: Borgwarner, Borgwarner Inc, Improved Sales, Q3

BorgWarner Inc. will supply its eGearDrive transmission to the Coda electric sedan, scheduled for U.S. introduction in California in mid-2010. The sedan also will have a PowerPhase 100 electric propulsion system supplied by UQM Technologies Inc.

Tags: Borgwarner, Borgwarner Inc, Coda, Electric Cars, Electric Propulsion System, Transmissions, Uqm Technologies Inc

Supplier BorgWarner Inc. said Wednesday it posted its fourth straight quarterly loss, hurt by weak production volumes and restructuring costs, sending its shares down almost 9 percent.

Tags: Borgwarner, Borgwarner Inc, Production Volumes, Quarterly Loss, Restructuring, Shares, Straight Loss, Supplier BorgWarner Inc.

BorgWarner Inc. posted a $34 million net loss for the second quarter, worse than Wall Street analysts expected, and revenue dropped by nearly 40 percent compared with the same period last year.

Tags: 2q, Borgwarner, Borgwarner Inc, Second Quarter, USD, Wall Street, Wall Street Analysts

BorgWarner Inc. posted a $34 million net loss for the second quarter, worse than Wall Street analysts expected, and revenue dropped by nearly 40 percent compared with the same period last year.

Tags: Borgwarner, Borgwarner Inc, Q2, Second Quarter, USD, Wall Street, Wall Street Analysts

Supplier BorgWarner Inc. said today it posted its fourth straight quarterly loss, hurt by weak production volumes and restructuring costs, sending its shares down almost 9 percent.

Tags: Borgwarner, Borgwarner Inc, Production Volumes, Quarterly Loss, Restructuring, Shares, Straight Loss, Supplier BorgWarner Inc.

Ford Motor Co. has added 16 companies to its list of preferred suppliers, the first new names since August 2008. The selections by purchasing chief Tony Brown lean heavily into powertrain suppliers, including Denso Corp. and BorgWarner Inc.

Tags: Borgwarner, Borgwarner Inc, Denso, Denso Corp, Ford, Ford Motor, Ford Motor Co., Powertrain, Preferred Suppliers, Tony Brown

BorgWarner Inc. is halting shipments to Chrysler LLC pending the outcome of the automaker’s Chapter 11 bankruptcy reorganization. Chrysler contributes about 3 to 4 percent of BorgWarner’s sales.

Tags: Automaker, Bankruptcy Reorganization, Borgwarner, Borgwarner Inc, Chapter 11 Bankruptcy, Chrysler, Chrysler BorgWarner Inc., Chrysler LLC, Llc, S Sales

Partsmaker BorgWarner Inc. reported a quarterly loss on Thursday as vehicle production plunged amid a deep recession. The company posted a first-quarter net loss of $7 million compared with earnings of $88.7 million a year earlier.

Tags: Borgwarner, Borgwarner Inc, Earnings, Partsmaker BorgWarner Inc., Q1, Quarterly Loss, Recession, USD

Supplier BorgWarner Inc. said Thursday it expects to net $362.2 million from the debt offering it issued on Monday.

Tags: Borgwarner, Borgwarner Inc

BorgWarner Inc. wants to raise at least $275 million in a convertible debt offering to shore up its balance sheet, the supplier said today.

Tags: Balance Sheet, Borgwarner, Borgwarner Inc, Convertible Debt, Finances, USD

Supplier BorgWarner Inc. said Thursday it will suspend its 12 cents-per-share quarterly dividend to maintain financial flexibility while the economy remains mired in a slump.

Tags: Borgwarner, Borgwarner Inc, cent, Economy, Financial Flexibility, Quarterly Dividend, Slump, Supplier BorgWarner Inc.

John Sanderson, former Siemens VDO North American chief, has joined BorgWarner Inc. as president of the transmission systems business unit.

Tags: American Chief, Borgwarner, Borgwarner Inc, Business Unit, John Sanderson, Siemens, Siemens Vdo, Systems Business, Transmission Systems

Supplier BorgWarner Inc. today said it cut 4,400 jobs, or 24 percent of its workforce during 2008, as it posted a steep fourth quarter loss due to significant reductions in global auto production.

Tags: Auto Production, Borgwarner, Borgwarner Inc, Fourth Quarter, Global Auto, Jobs, Quarter Loss, Supplier BorgWarner Inc., Workforce

Dramatic global vehicle production cuts in the second half of 2008 stifled BorgWarner Inc.’s record first half of the year financial performance, pushing the supplier into the red for quarterly and full-year results.

Tags: Borgwarner, Borgwarner Inc, Financial Performance, Jobs, Second Half

BorgWarner Inc. and Robert Bosch LLC have founded the U.S. Coalition for Advanced Diesel Cars as an attempt to promote the fuel efficiency and environmental friendliness of clean diesel cars.

Tags: Attempt, Borgwarner, Borgwarner Inc, Diesel Cars, Environmental Friendliness, Fuel Efficiency, New Cars, Robert Bosch, Robert Bosch LLC, U.S. Coalition for Advanced Diesel Cars

Supplier BorgWarner Inc. said today it will form a joint venture with a consortium of 12 Chinese automakers to manufacture dual-clutch transmissions in China.

Tags: Borgwarner, Borgwarner Inc, China, Chinese Automakers, Clutch, Consortium, Joint Venture, Supplier BorgWarner Inc., Transmissions

Auto supplier BorgWarner Inc. has advised shareholders to reject an unsolicited offer by Toronto-based TRC Captial Corp. to buy 2.5 million shares of the auto supplier at a discount. TRC made a )x(“””,mini tender-offer” to BorgWarner shareholders on Dec.

Tags: 5 Million, Auto Supplier, Borgwarner, Borgwarner Inc, Shareholders, Tender Offer, Toronto, Trc, TRC Captial Corp.

Supplier BorgWarner Inc. expects to cut 2,900 workers from its global work force by year end and says it will slow operations in North America and Europe.

Tags: Borgwarner, Borgwarner Inc, Europe, Global Work Force, Jobs, North America, Supplier BorgWarner Inc., Year End