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Stock Market & Financial Investment News

News Breaks
August 1, 2014
09:37 EDTBWABorgWarner downgraded to Hold from Buy at Gabelli
News For BWA From The Last 14 Days
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September 16, 2014
08:01 EDTBWABorgWarner produced 1.5M exhaust gas recirculation valves in China
BorgWarner's production facility in Ningbo, China, has produced more than 1.5M exhaust gas recirculation valves for passenger cars and commercial diesel vehicles. Starting in 2010 with the production of EGR valves and adding EGR coolers and EGR modules in 2013, BorgWarner's plant in Ningbo has been supplying several European and Chinese customers. BorgWarner expects demand to increase over the coming years and plans to produce one million EGR valves annually in Ningbo beginning in 2016.
September 8, 2014
13:26 EDTBWAFord falls after two notch downgrade at Morgan Stanley
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07:59 EDTBWAMorgan Stanley downgrades Auto sector to Cautious, downgrades Ford
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September 5, 2014
08:04 EDTBWABorgWarner opens new production plant in Taicang, China
BorgWarner opened its new production facility in Taicang, China, on September 4. With a building area of 161,500 square feet, BorgWarner's new green facility is located in a development area close to Shanghai and is its second turbocharger plant in China. The new BorgWarner facility will produce advanced turbocharging technologies for several automakers. BorgWarner expects the Chinese light vehicle turbocharger market to more than double from 4.2 million units in 2014 to 8.6 million units by 2019 as emissions standards become increasingly tight. Driven by BorgWarner's escalating growth, the new production plant in Taicang will employ more than 150 people by the end of 2014, and this figure is expected to rise to 500 employees by 2018.

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