BorgWarner Inc. NYSE: $BWA April 17, 2015 SHORT av $60.72
BorgWarner Inc. (NYSE:BWA) April 17, 2015
BorgWarner Inc. is a supplier of systems and components for automotive powertrain applications. The Company operates in two segments: engine and transmission. The motor segment “develops and manufactures gasoline and diesel products and alternative powertrains. The Training segment develops and manufactures products for automatic transmissions and drive (AWD) vehicles all wheels. The company manufactures and sells the product worldwide, to equipment manufacturers (OEMs) of light vehicles. The Company sells products to other manufacturers of commercial vehicles and off-road vehicles (agricultural machinery and construction and marine applications). It manufactures and sells products to Tier One vehicle systems suppliers and the aftermarket for light vehicles, commercial and off-road too. The Company operates manufacturing facilities serving customers in the Americas, Europe and Asia and is a supplier of equipment for the automotive OEM.