BorgWarner reports net sales of USD3,655 million in Q4 2021, down 6.9% y/y

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BorgWarner said that the decline in industry production had more than offset the increased demand for its products during the December quarter

Global automotive supplier BorgWarner reported net sales of USD3,655 million for the fourth quarter of 2021, down 6.9% from USD3,926 million in the fourth quarter of 2020 on reduced production volumes during the period, the company said on 15 February 2022.

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