BorgWarner: initial UAW strikes impact modest; monthly sales to Big 3 ~$250M

BORGWARNER INC

FY2023 monthly sales to Ford, Stellantis, GM in North America expected at just under $250M.
Initial UAW strikes focused on select final assembly plants; impact on BorgWarner sales expected relatively modest.
If strikes continue for weeks or expand to engine/transmission plants, sales impact will be larger.
Company will not provide further updates until Q3 earnings call on November 2, 2023.

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