BorgWarner
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Public | |
Traded as | |
Industry | Automotive industry |
Founded | 1928 |
Headquarters | Auburn Hills, Michigan, USA |
Number of locations
|
96, in 24 countries[1] |
Area served
|
Worldwide |
Key people
|
Frédéric Lissalde (President and CEO)[2] |
Revenue | US$10.2 billion (FY 2020)[3] |
US$618 million (FY 2020)[4] | |
Total assets | US$16.029 billion (FY 2020)[5] |
Number of employees
|
50,000[1] (2021) |
Divisions | Air Management, e-Propulsion & Drivetrain, Fuel Injection, Aftermarket |
Website | BorgWarner.com |
BorgWarner Inc. is an American multinational automotive supplier headquartered in Auburn Hills, Michigan. The company maintains production facilities and technical systems at 96 sites (as of February 23, 2021) in 24 countries worldwide and has around 50,000 employees.[6] BorgWarner is one of the 25 largest automotive suppliers in the world.[7] Frédéric Lissalde has been CEO of BorgWarner Inc. since August 1, 2018.[8]
Contents
Current development
BorgWarner is currently developing and working on clean and efficient future technologies for all types of propulsion: combustion engine, hybrid vehicle and electric vehicle. The recent acquisition of Delphi Technologies strengthens BorgWarner's electronics and power electronics products, capabilities and scale. Through the transaction, the company has enhanced its combustion, commercial vehicle and aftermarket businesses at the same time.[9]
Company structure[10]
Air Management
The Air Management segment develops and manufactures products to improve fuel economy, reduce emissions and enhance performance. The Air Management segment's technologies include: turbochargers, eBoosters, eTurbos, timing systems, emissions systems, thermal systems, gasoline ignition technology, smart remote actuators, powertrain sensors, canisters, cabin heaters, battery heaters and battery charging.
e-Propulsion & Drivetrain
The e-Propulsion & Drivetrain segment's technologies include: rotating electrical components, power electronics, control modules, software, friction and mechanical products for automatic transmissions and torque management product.
Fuel Injection
The Fuel Injection segment develops and manufactures gasoline and diesel fuel injection components and systems.
Aftermarket
The Aftermarket segment sells products and services to independent aftermarket customers and original equipment service customers. The Aftermarket product portfolio includes a wide range of solutions covering the fuel injection, electronics and engine management, maintenance, and test equipment and vehicle diagnostics categories.
Board of Directors[11]
- Frédéric Lissalde, President and CEO BorgWarner Inc.
- Alexis P. Michas, Non-Executive Chairman of the Board, BorgWarner Inc., Managing Partner, Juniper Investment Company, LLC
- Nelda J. Connors, Founder, Chairwoman and chief executive officer of Pine Grove Holdings, LLC
- Dennis C. Cuneo, Partner Fisher & Phillips LLP; Owner, DC Strategic Advisors LLC
- David S. Haffner, Retired Chairman and chief executive officer of Leggett & Platt, Inc.
- Michael S. Hanley, Retired Global Automotive Leader, Ernst & Young LLP
- Paul A. Mascarenas, Venture Partner, Fontinalis Partners LLP; Former Chief Technical Officer, Ford Motor CompanyDr. Shaun E. McAlmont, President of Career Learning Solutions at K12, Inc.
- Governor John R. McKernan, Jr., chairman and chief executive officer, McKernan Enterprises, Inc.
- Deborah D. McWhinney, Retired CEO of Global Enterprise Payments, Citigroup Inc.
- Vicki L. Sato, Retired Professor of Management Practice, Harvard Business School
BorgWarner in motorsports
BorgWarner has close links with one of the largest racing events in the world, the Indianapolis 500. As the sole turbocharger supplier for the IndyCar Series, BorgWarner's EFR (Engineered for Racing) turbocharger has been fitted in all participating vehicles in each season since 2012.[12]
Since 1936, the company has also appeared as the sponsor of the Borg-Warner Trophy, which serves as an annual prize for the winner of the Indianapolis 500.[13]
Corporate Social Responsibility (CSR)
BorgWarner promotes numerous national and international charity initiatives and projects. In 2017, for example, the supplier became a partner of the SOS Children's Villages.[14]
BorgWarner has also committed itself to sustainability to help fulfill its vision of a clean, energy-efficient world, by supporting its communities and protecting the environment. The company's products help improve fuel economy and air quality in vehicles around the globe. Further information can be found in the annually published Sustainability Report. [15]
References
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External links
-
- Business data for BorgWarner: Google Finance
- Yahoo! Finance
- Reuters
- SEC filings
- Website of BorgWarner Inc.
- History of BorgWarner Inc.
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- Articles with short description
- Use mdy dates from March 2017
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- BorgWarner
- Auto parts suppliers of the United States
- Automotive transmission makers
- Manufacturing companies based in Michigan
- Companies based in Oakland County, Michigan
- Auburn Hills, Michigan
- Manufacturing companies established in 1880
- American companies established in 1880
- Companies listed on the New York Stock Exchange
- Turbocharger manufacturers
- American brands