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BorgWarner Inc. has entered into a settlement with PHINIA Inc. to resolve a dispute regarding value-added tax (VAT)… BWA Borgwarner Inc
BorgWarner Inc. has entered into a settlement with PHINIA Inc. to resolve a dispute regarding value-added tax (VAT) refunds, with PHINIA agreeing to pay the company a total of $78 million. The settlement, which includes an immediate $31 million payment, resulted in a net $38 million charge for BorgWarner in the third quarter of 2025.
More from Borgwarner Inc BorgWarner reports Q3 EPS of $1.08, raises full-year adjusted EPS guidance to $5.20-$5.35 Oct 29, 2026 BorgWarner Inc. announced cash tender offers for its outstanding senior notes on August 10, 2026 Aug 10, 2026 BorgWarner Inc. reported second quarter 2026 financial results, posting U.S. GAAP net sales of $3,648 million and… Aug 5, 2026 On July 30, 2026, BorgWarner Inc.'s Board of Directors increased its size from eight to nine members and appointed… Jul 31, 2026 BorgWarner Inc. has appointed Stefan Demmerle as Vice President, President and General Manager of Battery Energy… May 28, 2026 All content on this site is for informational purposes only and does not constitute financial, investment, legal, or tax advice. Past performance is not indicative of future results. Always consult a qualified financial advisor before making investment decisions.
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