Phinia profits fall

AUBURN HILLS–Phinia Inc. (NYSE: PHIN), manufacturer of mobility industry fuel systems, electrical systems, and aftermarket products, announced net income of $35 million, down from $41 million in the same quarter …

BorgWarner sales, profits rise

AUBURN HILLS–The Auburn Hills-based automotive supplier BorgWarner Inc. (NYSE: BWA) reported higher revenue and net income for the first quarter ended March 31. Revenue for the quarter was $4.18 billion, …