BorgWarner Inc. (NYSE:BWA) is looking for M&A. Frederic Lissalde, CEO said, "We always look at M&A. We always look at it looking at [ product efficiency ] technology. We're not buying companies that are [indiscernible]. We own it into a few and then we place a phone call.

Usually it takes a long time to create that relationship and create the common goals. So we -- are a few things, difficult to time very disciplined. We're going to take that to term volatility in account when we price those businesses.

I also think that the current environment is making M&A maybe it is more affordable".