CHICAGO, April 22 (Reuters) - Auto parts maker BorgWarner Inc. on Tuesday reported a strong quarterly profit, versus a year-ago loss, helped by new business and solid demand for its products in Europe. BorgWarner, which makes turbochargers, transmissions and all-wheel drive systems, said it earned $44.2 million, or $1.65 a share, in the first quarter, reversing a year-ago loss of $237.5 million, or $8.90 a share, that included a write-down for a goodwill accounting change. Sales rose 22 ...
Premium Content (PAID Subscription Required)
"BorgWarner swings to profit, aided by new business" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642