BorgWarner forecasts annual revenue, profit below estimates
Feb 6 (Reuters) - Auto parts supplier BorgWarner BWA.N forecast full-year 2025 revenue and profit below Wall Street estimates on Thursday, on expectations of lower automobile production and a strong U.S. dollar.
The Western auto industry is grappling with uncertainty induced by U.S. President Donald Trump's tariffs, a consumer hit by inflation and rising competition from cheap Chinese brands.
BorgWarner said it expects light and commercial weight vehicle production to fall between 1% to 3% this year, with auto output declining in both North America and Europe.
The Michigan-based company expects 2025 net sales to be in the range of $13.4 billion to $14.0 billion, below estimates of $14.41 billion, according to data compiled by LSEG.
Full-year adjusted profit per share is expected to be between $4.05 and $4.40, compared with estimates of $4.49 per share.
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