BorgWarner Inc. announced that the company secured multiple new business awards that are expected to support its future long-term profitable growth including: Two transfer case awards with a major North American OEM for their next generation full-size pickup trucks. This business is expected to launch in 2027 and 2028. Three high-voltage coolant heater awards with a Chinese electric vehicle OEM, a Korean OEM and a Japanese OEM.

This business is expected to launched in 2025, 2025 and 2028, respectively. A General Motors turbocharger award for use on their Corvette ZR1 sports car platform. Net earnings are expected to be within a range of $4.17 to $4.28 per diluted share.

Ex Including the impact of non-comparable items, adjusted net earnings are expected to be in the range of $4.15 to $4.30 per diluted share, up from the Company's prior guidance of $3.95 to $4.15 per diluted share. Full-year operating cash flow is expected to be in the range the range of $1,325 million to $1,375 million, while free cash flow is expected to been in the range of $475 million to $575 million.