BorgWarner reports Q1 2022 net sales at USD3.87 billion, down 3% y/y
BorgWarner estimates its EV revenues will grow to over USD800 million in FY 2022, which is more than double of its FY 2021 EV business
Michigan-based global supplier BorgWarner has reported first quarter 2022 net sales of USD3.87 billion, down 3% y/y on the overall decline in the automotive industry production volumes and weaker foreign currencies, the company said on 4 May 2022.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
