BorgWarner completed the acquisition of Delphi Technologies for $3.3bn.

BorgWarner, an American worldwide automotive industry components and parts supplier, completed the acquisition of Delphi Technologies, a provider of automotive parts and equipment, for $3.3bn. "We are pleased to complete our acquisition of Delphi Technologies. Through this combination, BorgWarner is even better positioned with a more comprehensive portfolio of industry-leading propulsion products and systems across combustion, hybrid and electric vehicles. We expect that the combination will also strengthen our commercial vehicle and aftermarket businesses. We welcome Delphi Technologies' colleagues around the world to the BorgWarner team and are excited about the opportunities we have together to address market trends towards electrification," Frédéric Lissalde, BorgWarner President and CEO.