Strong eProduct Sales Growth
Light vehicle eProduct sales increased by 47%, outperforming the 25% increase in global hybrid and BEV production, showcasing BorgWarner's product leadership and technology demand.
New Business Awards
BorgWarner secured multiple new product awards, including a Hybrid eMotor Award and a High-Voltage Coolant Heater Award, indicating strong future growth potential.
Improved Operating Margin
Adjusted operating margin performance was strong at 10%, reflecting effective cost controls and eProduct growth.
Free Cash Flow Improvement
Free cash flow improved by over $270 million or 89% year-over-year, demonstrating strong financial management.