Award for BorgWarner Facilities - Analyst Blog


BorgWarner Inc. 's ( BWA ) facilities in Frankfort, Ill., and Ketsch, Germany, have received the Supplier Quality Excellence Award from General Motors Company ( GM ). The award was given to about 7% of the General Motors supplier who managed to meet the quality performance criteria.

Over the last 40 years, BorgWarner has maintained strong business relations with General Motors by supplying superior quality transmission systems. The facilities of BorgWarner supplies one-way clutches for General Motor's 6-speed longitudinal transmissions, which are used in the wide range of vehicles of the company like Chevrolet, GMC and Cadillac. The facility based in Frankfort also supplies brake bands for a 4-speed transmission program.

The mechanical clutching systems of BorgWarner are equipped with best efficiency characteristics, which are suitable for a wide range of applications. The one-way clutch systems offer superior engagement performance and high efficiency for the automatic transmissions.

BorgWarner is a leading manufacturer of powertrain products for the world's major automakers. The company's products are capable of improving vehicle performance and stability meeting fuel-efficiency and emission standards. The company's largest customers include Ford Motor Co. ( F ) and Toyota Motor Corp. ( TM ).  

BorgWarner posted earnings per share (excluding non-recurring items) to $1.16 per share in the fourth quarter of 2012, down 2.5% from $1.19 in the same quarter of 2011. However, the results surpassed the Zacks Consensus Estimate by 4 cents.

Revenues dipped 3.1% year over year to $1.72 billion in the quarter, but were ahead of the Zacks Consensus Estimate of $1.69 billion. Global light vehicle production inched up 1%, while production in Europe, which comprises over half of the company's sales, declined 11%.

BorgWarner currently retains a Zacks Rank #3 (Hold).

BORG WARNER INC (BWA): Free Stock Analysis Report

FORD MOTOR CO (F): Free Stock Analysis Report

GENERAL MOTORS (GM): Free Stock Analysis Report

TOYOTA MOTOR CP (TM): Free Stock Analysis Report

To read this article on click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Business , Stocks

Referenced Stocks: BWA , F , GM , TM

More from

Related Videos

Secret Ways to Make Money
Secret Ways to Make Money           




Most Active by Volume

  • $17.12 ▲ 0.59%
  • $35.5051 ▼ 0.04%
  • $14.84 ▼ 1.13%
  • $126.09 ▲ 0.53%
  • $41.25 ▲ 7.90%
  • $86.82 ▲ 1.23%
  • $26.54 ▼ 0.11%
  • $44.36 ▲ 0.48%
As of 7/1/2015, 12:45 PM

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by