BorgWarner Inc. is an American automotive supplier headquartered in Auburn Hills, Michigan. The company maintains production facilities and technical systems at 93 sites (as of June 6, 2022) in 22 countries worldwide and has around 49,000 employees. BorgWarner is one of the 25 largest automotive suppliers in the world. Frédéric Lissalde has been CEO of BorgWarner Inc. since August 1, 2018. The company was formed in 1928 as Borg-Warner Corporation. It was formed as a fusion of companies including Borg & Beck, Marvel-Schebler, Warner Gear and Mechanics Universal Joint. In 1987, Borg-Warner Corporation ceased to exist as a result of a series of complex financial transactions, although a new company of the same name (still Borg-Warner Corporation) continued the business. At the same time, Borg-Warner Automotive Inc. was created as a subsidiary of the new company; the mother company, the new Borg-Warner Corporation, was later known as Borg-Warner Security Corporation. In 1993, Borg-Warner Automotive Inc. was spun-off from Borg-Warner Security Corporation and became an independent company [note 1]. In 2005, BorgWarner's world headquarters was moved from Chicago to the metro Detroit area. BorgWarner has bought other automotive companies including Delphi Technologies, Akasol, Santroll, Hubei Surpass Sun Electric (SSE), and Rhombus Energy Solutions. In December 2022, it was announced BorgWarner had acquired the Brügg-headquartered company, Drivetek AG - specialists in engineering and product development services for inverters, electric drive solutions, and power electronics. More information...
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