---
schema_version: "secwatch.filing_event.v1"
accession: "0000908255-22-000052"
form_type: "8-K"
ticker: "BWA"
cik: "0000908255"
company_name: "BORGWARNER INC"
filed_at: "2022-12-06T23:59:59+00:00"
generated_at: "2026-06-21T09:21:00.859433+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# BorgWarner announces tax-free spin-off of Fuel Systems and Aftermarket segments into separate public company

## Summary
- Spin-off of Fuel Systems and Aftermarket segments into NewCo; expected completion late 2023, tax-free.
- BorgWarner to retain e-Propulsion & Drivetrain and Air Management segments, focusing on EV propulsion.
- NewCo 9M22: Fuel Systems rev $1.7B (margin 11.3%), Aftermarket rev ~$1.0B (margin 14.5%).
- BorgWarner: >22% of revenue from EVs by 2025; 9M22 Air Management rev ~$5.5B, e-Propulsion rev ~$3.9B.

## SEC filing metadata
- accession: 0000908255-22-000052
- form_type: 8-K
- ticker: BWA
- cik: 0000908255
- company_name: BORGWARNER INC
- filed_at: 2022-12-06T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/908255/000090825522000052/0000908255-22-000052-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/908255/000090825522000052/bwa-20221206.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000908255-22-000052
- JSON: https://secwatch.observer/filing/0000908255-22-000052.json
- Plain text: https://secwatch.observer/filing/0000908255-22-000052.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.