Large, legacy Tier One manufacturers in the automotive space are in for a tough time in the 2020s. OEM consolidation, market saturation, tight margins and the shift to zero emissions powertrain technology are pressuring parts suppliers to do more than cut costs, such as becoming major IP and design contributors to their customer’s operations.
This is the background to the big news of BorgWarner’s acquisition of Tier One heavyweight Delphi Technologies in a $3.3 billion all-stock t…
Source URL: BorgWarner Swallows Delphi, Moves Aggressively into EV Space
Source Website: Advance Engineering – Engineering.com