BorgWarner booked sales of US$3,758m for the second quarter 2021, up 164% from $1,426m for Q2 2020, due to the recovery of global markets from the negative effects of COVID-19 on 2020 production, the acquisition of Delphi Technologies and increased demand for products.

Net Q2 earnings were $247m, or $1.03 per share, compared with a net loss of $98m ($0.47) a year before.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

For the first half of 2021, sales were $7,767m, up 110% and net earnings were $312m, ($1.30) compared with $31m and $0.15 for H1 2020.

For full year 2021, sales are expected to be in the range of $15.2bn to $15.6bn, up 14% to 17%.

Operating margin for the full year is expected to be in the range of 8.7% to 9.3%.

Net earnings should be between $2.80 and $3.21 per share.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Neonode has won the Innovation Award for Driver Monitoring Software for its camera-based, MultiSensing®-powered solution that delivers precise hands-on-wheel detection, regulatory-ready safety performance and low-footprint integration. Discover how Neonode is redefining driver monitoring, UX and compliance for next-generation semi-autonomous vehicles.

Discover the Impact