BorgWarner's Electrification Business Goodwill and Fixed Asset Impairment

2025-02-17 12:51
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Due to the unexpected loss of the electrification business, BorgWarner recorded goodwill and fixed asset losses of $646 million in operating profit in 2024. This means that from the current actual value, the group believes that the electrification product business has been impaired by $646 million compared with before the acquisition.