PHIN

PHINIA Inc. operates as an independent fuel systems and electrical actuation supplier to the global automotive industry following its spin-off from BorgWarner in October 2023. Headquartered in Auburn Hills, Michigan, the company designs, develops, manufactures, and assembles fuel injection systems, electronic control modules, sensors, and actuators primarily for internal combustion engine and hybrid vehicle applications. PHINIA serves light and commercial vehicle markets worldwide through three main business segments: Fuel Systems, which includes fuel injectors, high-pressure fuel pumps, and fuel rails; Aftermarket, offering replacement parts and components; and Electric Hybrid, focusing on electrified powertrain solutions. The company operates approximately 60 technical centers and manufacturing facilities across North America, Europe, Asia, and South America, employing around 13,000 people globally. PHINIA generated approximately $3.4 billion in net sales during its fiscal year 2023. As a pure-play supplier, the company maintains strategic relationships with major automotive manufacturers and focuses on optimizing internal combustion engine efficiency while developing hybrid-electric technologies. The company trades on the New York Stock Exchange under the ticker symbol PHIN and positions itself to address the transitional automotive market where conventional powertrains continue alongside increasing electrification demands.