BorgWarner Manages Market Shifts

BorgWarner Manages Market Shifts

According to BorgWarner Inc. (NYSE: BWA) management, the outlook for the auto industry worsened in the past few months. But you wouldn't know it from the company's second-quarter results released on Thursday. BorgWarner is outperforming its end markets, and to such an extent that management felt compelled to raise full-year sales and earnings guidance.

Let's take a look at a strong quarter for the engine and drivetrain company.

First, a look at the headline numbers:

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Source: Fool.com