BorgWarner

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BorgWarner Inc.
TypePublic
IndustryAutomotive industry
Founded1928
Headquarters
Auburn Hills, Michigan
,
USA
Number of locations
96, in 24 countries[1]
Area served
Worldwide
Key people
Frédéric Lissalde (President and CEO)[2]
RevenueUS$10.2 billion (FY 2020)[3]
US$618 million (FY 2020)[4]
Total assetsUS$16.029 billion (FY 2020)[5]
Number of employees
50,000[1] (2021)
DivisionsAir Management, e-Propulsion & Drivetrain, Fuel Injection, Aftermarket
WebsiteBorgWarner.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]

Current development[]

BorgWarner develops technologies for combustion engine, hybrid and electric vehicles. The acquisition of Delphi Technologies in 2020 expanded its electronics and power electronics production capacity. Through the transaction, it has also strengthened its combustion, commercial vehicle and aftermarket businesses.[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 individual customers and original equipment service providers. The aftermarket product portfolio includes a wide range of products, including fuel injection, electronics, engine management, maintenance, vehicle diagnostics and testing equipment.

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, it became a partner of the SOS Children's Villages.[14]

BorgWarner has also committed itself to sustainability. Its products help improve vehicle fuel economy and air quality. [15]

References[]

  1. ^ Jump up to: a b "BorgWarner Company Profile". Retrieved February 23, 2021.
  2. ^ "BorgWarner – Leadership". Retrieved August 26, 2013.
  3. ^ "BorgWarner Revenue 2006-2020". Retrieved February 23, 2021.
  4. ^ ""BorgWarner Operating Income 2006-2020"". Retrieved February 23, 2021.
  5. ^ "Anual report 2020". Retrieved February 23, 2021.
  6. ^ "Company - BorgWarner". www.borgwarner.com. Retrieved February 11, 2021.
  7. ^ "Automotive News". www.autonews.com. February 9, 2021. Retrieved February 11, 2021.
  8. ^ "Growth key for next BorgWarner CEO". Automotive News. June 11, 2018. Retrieved February 11, 2021.
  9. ^ Turner, Grace (October 5, 2020). "BorgWarner Completes Acquisition of Delphi Technologies". DBusiness Magazine. Retrieved February 11, 2021.
  10. ^ "Anual Report 2020". February 23, 2021.
  11. ^ "Board of Directors - BorgWarner". www.borgwarner.com. Retrieved February 11, 2021.
  12. ^ Inc, BorgWarner. "IZOD IndyCar Series Selects BorgWarner EFR Turbochargers for 2012-2016 Racing Series". www.prnewswire.com. Retrieved February 11, 2021.
  13. ^ "Borg-Warner Trophy". www.indianapolismotorspeedway.com. Retrieved February 11, 2021.
  14. ^ GmbH, finanzen net. "BorgWarner becomes Global Partner of SOS Children's Villages". markets.businessinsider.com. Retrieved February 11, 2021.
  15. ^ "BorgWarner Sustainability Report 2020" (PDF).

External links[]

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