BorgWarner Expects Impact On Its Sales To Be Larger, To The Extent UAW Strikes Continue For Several Weeks Or Expand To Impact Other Customer Plants, Including Those Customers' Engine And Transmission Plants
Portfolio Pulse from Benzinga Newsdesk
BorgWarner (BWA) has warned that its sales could be significantly impacted if the United Auto Workers (UAW) strikes continue for several weeks or expand to affect other customer plants, including engine and transmission plants.
September 21, 2023 | 8:47 pm
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BorgWarner's sales could be significantly impacted if the UAW strikes continue for several weeks or expand to other customer plants.
The ongoing UAW strikes are directly affecting BorgWarner's operations. If the strikes continue or expand to other customer plants, it could lead to a significant drop in sales, negatively impacting the company's financial performance and potentially its stock price.
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