BorgWarner’s Post

Just read an insightful article by Patrick Koller, CEO of FORVIA, on the rapid transformations in the automotive industry. The shift from internal combustion engines to electric powertrains, the reimagining of car design for decarbonation, and the increasing importance of electronics and software in vehicles are key changes. Koller’s call for Europe to adapt to the global shift in production from West to East is a wake-up call. The automotive industry is indeed navigating a period of transformative change. #AutomotiveIndustry #ElectricVehicles #Decarbonation #Transformation

We’re very proud and excited that ZF has earned a ranking as the world’s second largest global automotive supplier in Automotive News’ annual ranking of the top 100 parts suppliers. For ZF Aftermarket, our OE heritage means our parts—whether ZF, BOGE, LEMFÖRDER, SACHS, TRW or WABCO—are the very same high quality, engineered-to-application as the factory-installed originals. It also means we have visibility into the future as we work very closely with engineers from our OE divisions to plan for the entire lifecycle of a product, ensuring that we can support maintenance, repair and data from beginning to end. This only becomes more important in the future as we continue the transformation from parts supplier to technology leader. https://bit.ly/3VGM6EJ #automotivesupplier #aftermarket #2ofTop100

Join your next Club meeting on Wednesday, September 13th 2023 at 12 PM EDT (New York) / 6 PM CEST (Berlin)! We are looking forward to our guest speaker Marc Votteler, Group CIO of Schaeffler, a major supplier to the automotive and mechanical engineering industries. Marc will talk about geopolitical implications on IT for international cooperations 💻 🌐 🤝 📲 #rotary #serviceaboveself #automotive #international #cooperation #it

I was fortunate enough to be a guest of the US Chamber of Commerce last week for Mary Barra’s fireside chat hosted by the Economic Club of Washington DC. As a leader in our industry, when Ms. Barra has something to say, people listen, and when she does, it will very often make news. That was the case last week. Here are some highlights: Labor: · Recent labor agreements will lead to an average of 500 to 575 additional dollars in cost per vehicle sold · The company will look towards driving efficiency in other areas to limit the impact of these costs · She noted that other non-union OEMs in right-to-work states were also increasing wages which would lessen the competitive impact Supply Chain: · The microchip shortage issue is largely over · GM has designed a strategy to limit themselves to three families of semiconductors which will have sub-products within them · This will be implemented in 2026, and will help reduce supply risk and drive efficiency Return to Europe: · After divesting Opel as part of the financial crisis, Barra indicated that GM will return to Europe in a limited way, most likely with EVs and/or premium products like the Escalade and Corvette Competition: · She emphasized the importance of domestic manufacturing in a number of areas including, jobs, research and development, innovation, supply chain diversity, and national security · She noted there were 100 domestic EV manufacturers in China ZEV: · She acknowledged manufacturing issues prevented the company from producing as many EVs as they had wanted in 2023 · Any government mandates must be attainable and supported by customer demand as well as charging infrastructure · She expects all vehicles to zero emission within 25 years AV: ·  Any issues with AV's aren't so much technological, but rather regulatory · She admitted that GM’s AV division could have worked more closely with regulators and in a more transparent manner earlier this year · Level 4 autonomy is likely within the next 10 years · Autonomy has the potential to reignite the original promise of personal vehicles—namely, freedom GM: · Views General Motors as a vehicle manufacturing but also a vehicle software company · She recognizes the auto industry is very much in the “fashion business” Watch the full session below. 

Rev up your engines for the #Automotive #Evolution North America conference! 🚗⚡️ Join us as we navigate the #electrifying future of #automotive #production and discover how to succeed through #leaner, #greener, and more #flexible #manufacturing. Don't miss out on this opportunity to shape the future of manufacturing and transform production without limits! Register now and secure your spot at #AutomotiveEvolutionNA. Let's drive towards a sustainable and exciting tomorrow! 🌱🏭🌟 #FutureOfManufacturing #manufacturingexcellence #transformation #innovation

ARCHERS ASSEMBLE! Everything in life is so much easier with a great partner. It's always good to have Carlos Tavares and the Stellantis leadership team on site. The fun thing is that you really notice: he's an engineer and gets it. Straight to the facts.... #electricaviation #evtol #electrification

Watch out for the next Casey Kasem's American Top 40 🎶 Are you keeping pace while the automotive industry is evolving? For companies to remain competitive, there is an increased need to adopt innovations that lead the way for new and refresh vehicles to get to market faster. A simplified, scalable and proven controls framework is needed to ensure successful launches. RapidLaunch by Rockwell Automation is a globally accepted, scalable, multi-lingual, automotive controls standard. Built to be a data-centric, information capable solution delivering reduced operational, maintenance costs while increasing productivity. PS - enjoy the 80's hair band theme and create your AI-generated song by Suno 🎸 😎

Board leadership is about navigating and guiding through change - ensuring risk is understood and mitigated, opportunities identified and firmly grasped. Nowhere is this more apparent than the transition to EVs. Policy, politics, consumer hesitancy and inadequate infrastructure are some of the challenges; the opportunities are clear. Fidelio Partners is looking forward to co-hosting a discussion with the German British Roundtable. We will take stock of where business leaders from across the automotive supply chain are today in terms of decarbonising the car fleet. For further information on EV leadership, as well as Fidelio's role in supporting Boards to navigate change, get in touch. German-British Chamber of Industry and Commerce Patricia Godfrey #EV Mark Cumberlege Alistair Stranack #automotive Chapter Zero #NetZero #change #transition #risk #Board #opportunity https://lnkd.in/e4gYtwDs

Are you ready for the 9th annual American Automotive Summit, returning to Detroit this fall? 🚗 Join us as we unite 100 industry leaders to spark innovation in automotive #Manufacturing, #Operations, and #Quality! Get a sneak peek of what's in store at the event from our interview with Mark Holloway, VP of Global Supply Chain at The Goodyear Tire & Rubber Company. Mark shared some groundbreaking strategies in supply chain risk management at our previous summit. Some highlights from Mark’s session include: ⚙️ Analyzing data, employing business intelligence, and integrating information systems to understand #supplier dynamics and risks ⚙️ Managing uncertainty and risk for both vehicle manufacturers and suppliers ⚙️ Maintaining global leadership in #automotive amidst future uncertainties Discover insights from Mark: https://hubs.ly/Q02m7Yd-0 - #AutoUS24 #GenerisAAS #AutomotiveManufacturing #AutomotiveQuality #AutomotiveSupplyChain #AutomotiveEngineering

Magna Annouces Q2 2023 Results • Sales increased 17% to $11.0 billion, compared to global light vehicle production increase of 15% • Diluted earnings per share were $1.18 • Adjusted diluted earnings per share increased 81% to $1.50 • Completed the acquisition of Veoneer Active Safety • Raised 2023 outlook for Total Sales, Adjusted EBIT Margin and Adjusted Net Income attributable to Magna 👇