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AUBURN HILLS, Mich. , Oct. 17, 2024 /PRNewswire/ -- 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 due 2025 (the "2025 Notes") on November 1, 2024 (the "Redemption Date").
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The Teamsters Union, which represents more than 700 workers at BorgWarner , said on Tuesday it has reached an agreement for a new four-year contract with the auto parts maker.
Investors interested in Automotive - Original Equipment stocks are likely familiar with BorgWarner (BWA) and Modine (MOD). But which of these two stocks presents investors with the better value opportunity right now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Turbochargers to boost General Motors' Chevrolet Corvette ZR1 featuring 5.5-liter flat plane crankshaft V8 engine Turbochargers utilize patented decoupled ball bearing system, enabling faster response time, higher durability, and limited noise Long-standing reputation with NTT INDYCAR SERIES played role in selection AUBURN HILLS, Mich. , Sept. 23, 2024 /PRNewswire/ -- BorgWarner, a global product leader in delivering innovative and sustainable mobility solutions, has solidified an agreement to deliver its turbochargers for use on the General Motors Corvette ZR1 sports car platform, marking the largest passenger car twin turbochargers in the market to be released to date.
AUBURN HILLS, Mich. , Sept. 19, 2024 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) announces the following Webcast: What: BorgWarner 2024 Third Quarter Results Conference CallWhen: October 31, 2024 @ 9:30am Eastern Time Where: www.borgwarner.com/investors How: Live over the Internet -- Simply log on to the web at the address above.
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BWA has demonstrated strong historical financial performance, with consistent top-line growth and robust margins despite challenges. BWA remains cautious due to a soft overall vehicle market outlook, particularly in China, North America, and Europe. However, BWA's battery system expansion and strong eProduct sales growth outlook position it well to capitalise on increasing demand.
AUBURN HILLS, Mich. , Aug. 21, 2024 /PRNewswire/ -- 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.