(AUBURN HILLS, Mich.)BorgWarner Inc., creates components and systems for powertrain applications, said Friday that it has named Hans-Peter Schmalzl as chief technology officer.READ MORE
(NEW YORK)Shares of several auto suppliers fell Wednesday as investors fretted about just how long the slump in the U.S. economy will last and its possible impact on vehicle production.READ MORE
(NEW YORK)An analyst downgraded the auto parts sector Wednesday and cut an array of individual stocks, saying uncertainty remains about the health of the U.S. economy and the auto market.READ MORE
(NEW YORK)Auto supplier shares tumbled after the market opened Friday, after General Motors Corp. said its second-quarter loss widened to $15.5 billion on a steep drop in sales and charges r...READ MORE
Among the earnings projection stories for Thursday, July 31, from AP Financial News: AUBURN HILLS, Mich. (AP)--Auto parts supplier BorgWarner Inc., which is paring jobs to battle a...READ MORE
(AUBURN HILLS, Mich.)Auto parts supplier BorgWarner Inc., which is paring jobs to battle a weak U.S. auto industry, reduced its outlook for full-year earnings but not sales on Thursday.READ MORE
(AUBURN HILLS, Mich.)Citing what it called a permanent shift in the U.S. auto industry, parts supplier BorgWarner Inc. said Thursday it will cut 1,000 jobs--or 16 percent of its work force in North Ame...READ MORE