BorgWarner Announces Completion of PHINIA Spin-Off

AUBURN HILLS, Mich., July 3, 2023 /PRNewswire/ — BorgWarner Inc. (NYSE: BWA) today announced the successful completion of the spin-off of its Fuel Systems and Aftermarket segments into a separate, publicly-traded company named PHINIA (NYSE: PHIN). BorgWarner Announces Completion of…