US: BorgWarner posts record Q3 sales

Stay connected Subscribe to our RSS feed

BorgWarner reported third quarter 2010 US GAAP earnings of $0.87 per share compared with $0.15 a year ago. Sales were up 37.3% from third quarter 2009 to a record $1,410.9m, the rise sharply higher than global vehicle production growth of approximately 10%. Operating income was $123.0m, or 8.7% of sales. Full story...