BorgWarner

BorgWarner beat earnings expectations in the second quarter with adjusted EPS of $1.42 (consensus $1.27) and revenue of $3.65 billion. The company raised its full-year forecast to $5.05–$5.30 per share and reported an adjusted operating margin of 11.3%. The board approved an increase to the buyback program of $1 billion, bringing total authorization through 2029 to about $1.35 billion, which, together with analyst upgrades, pushed the stock significantly higher in premarket trading. Despite a slight organic revenue decline, the core business showed resilience, supported by demand outside the automotive market. » Mere på de.investing.com

BorgWarner has won several program extensions for high‑voltage inverters with a major European automaker, with production planned to start in 2029. The orders cover evolved designs for plug‑in hybrids and 800‑volt battery electric vehicles. For PHEV applications BorgWarner will supply an updated inverter design with its own ASIC technology; for 800‑V applications a traction inverter will be used featuring new Viper‑SiC power switches and a double‑sided cooled power module. The company did not disclose financial terms or the customer name. » Mere på de.investing.com

BorgWarner has appointed Rajesh Kalathur to its board of directors. Kalathur retired from Deere & Company in 2026, where he served as president of John Deere Financial, chief information officer and previously chief financial officer; he led financial services with assets of more than $70 billion as well as global IT and cybersecurity functions. The chairman of the board cites Kalathur’s global experience in finance, information technology, operations and sales as a valuable addition. » Mere på de.investing.com

BorgWarner has received an order to supply its electrically assisted eTurbo turbochargers to a major European automaker; series production is scheduled to start in 2029. The system is based on the 400-volt eTurbo platform, delivers up to 20 kW continuous and 30 kW peak power at up to 145,000 rpm, and is designed for modern hybrid cars. The news lifted the stock 2.3% in premarket trading and adds to a string of recent contract wins, while analysts are mostly positive on the stock. Investors are also watching the expected Q2 results on August 5, with estimated EPS of about $1.25 and revenue of roughly $3.58 billion. » Mere på de.investing.com

BorgWarner will supply an integrated dual-clutch transmission (DCT), including hydraulic modules and clutch control software, to a Chinese motorcycle manufacturer; production is scheduled to start in the third quarter of 2027. The solution targets motorcycles and four-wheeled vehicles with more than 500 cm³ and is intended to provide smoother shifts, higher transmission efficiency and better fuel economy. With the contract, BorgWarner completes its shift from component supplier to system provider and aims to support the customer in China and, if they expand, in Europe, North America and other markets. The company has already delivered nearly 10 million DCT units for passenger cars worldwide. » Mere på de.investing.com