Thursday, February 9, 2023

BorgWarner profit soars as auto supplier eyes EV break-even point

Automotive supplier BorgWarner exceeded sales and profit expectations last year as it entered an "inflection point" in its bet on electrification, spinning off its fuel systems and aftermarket business and hitting break-even on the EV side as soon as this year.



from Section Page News - Automotive News https://ift.tt/kfUC9IE

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