Company Profile For BorgWarner Inc.
BorgWarner Inc. (BWA.N) (New York Stock Exchange)
sector: Cyclical Consumer Goods & Services ·
industry: Auto/Truck/Motorcycle Parts ·
Overview
BorgWarner Inc. is a global supplier of engineered automotive systems and components for power train applications. The products are manufactured and sold globally to original equipment manufacturers (OEMs) of light-vehicles (passenger cars, sport-utility vehicles, vans and light-trucks). The Company’s products are also sold to other OEMs of commercial trucks, buses and agricultural and off-highway vehicles. The Company operates manufacturing facilities serving customers in the Americas, Europe and Asia. The Company operates in two business segments: Engine and Drive train. As of December 31, 2008, the Company was engaged in 10 joint ventures.
Quick Financial Synopsis
BRIEF: For the nine months ended 30 September 2009, Borgwarner Inc.'s revenues decreased 36% to $2.76B. Net loss totaled $25.7M, vs. an income of $45.8M. Revenues reflect decreased turnover due to lower sales from Engine segment. Net loss reflects a decrease in operating margins, the absence of other expense, decreased equity in affiliates earnings, net of tax and higher interest expense & finance charges.
Company Address
BorgWarner Inc.
3850 Hamlin Road
Auburn Hills MI 48326
P: +1248.7549200
3850 Hamlin Road
Auburn Hills MI 48326
P: +1248.7549200
Total Employees
13800
Find Out More About BWA.N
Market Update
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Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 77.15 | +0.89% | 11/25 17:19 IST |
| Gold | 1179.1 | +1.13% | 11/25 16:58 IST |
