You must have an Automotive Newssubscription to view the digital edition
Click here to subscribe
The automotive industry landscape is changing via rapid advancements in technology. So much so, that suppliers are joining their manufacturing customers in a whole new industry -- mobility.
BorgWarner, the supplier of turbocharger and emissions systems, reported a net loss of $293 million in the fourth quarter of 2016 as it announced a one-time asbestos-related charge of $441 million.
Suppliers are prepared for a new era of revenues from electrification -- but they say it is still years from being substantial.
Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news thatís vital to your business.
Sign up today to get the best of Automotive News delivered straight to your email inbox, free of charge. Choose your news – we'll deliver.
Entire contents © Crain Communications, Inc.
Use of editorial content without permission is strictly prohibited. All Rights Reserved.