On its second quarter 2023 earnings call, BorgWarner (BWA) indicated that its aggregate sales to Ford (F), Stellantis (STLA), and General Motors (GM) in North America were expected to be just under $250M per month on average during 2023. Given that the initial United Auto Workers strikes against these North American customers are focused on select final assembly plants, the impact of the initial strikes on BorgWarner’s sales is currently expected to be relatively modest. However, to the extent the strikes continue for several weeks or expand to impact other customer plants, including those customers’ engine and transmission plants, the impact on BorgWarner’s sales will be larger. The Company does not intend to provide additional updates on this subject until its third quarter earnings call on November 2. Thes ecomments were taken from a company 8K regulatory filing.
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