PHINIA INC

https://www.phinia.com/

PHINIA Inc. is an independent, global provider of premium solutions and components, specializing in fuel systems, electrical systems, and aftermarket products. Headquartered in Auburn Hills, Michigan, USA, the company's mission is to deliver high-quality, innovative systems and components for original equipment (OE) and aftermarket customers, while leveraging fuel technology as a pathway to carbon neutrality and advancing sustainability. With approximately 12,500 employees across 49 locations in 21 countries, PHINIA aims to optimize performance, increase efficiency, and reduce emissions in combustion and hybrid propulsion systems.

PHINIA's core offerings are segmented into Fuel Systems and Aftermarket. The Fuel Systems segment provides advanced fuel injection systems, including pumps, injectors, fuel rail assemblies, engine control modules, fuel delivery modules, canisters, sensors, and associated software, designed to reduce emissions and improve fuel economy for traditional and hybrid applications. The company also develops alternative fuel systems for hydrogen, compressed natural gas, ethanol, and methanol, alongside ignition systems. The Aftermarket segment offers maintenance, test equipment, vehicle diagnostics solutions, original equipment service solutions, remanufactured products, and sales of starters and alternators. PHINIA serves a diverse range of applications, including commercial vehicles (medium-duty and heavy-duty trucks, buses, off-highway construction, marine, agricultural, aerospace, and defense), light commercial vehicles, and light passenger vehicles. Its strong brand portfolio includes DELPHI, DELCO REMY, and HARTRIDGE.

Led by President and CEO Brady Ericson and Executive VP and CFO Chris Gropp, PHINIA was established in July 2023 through a spin-off from BorgWarner Inc., marking its independence as a publicly traded entity. The company reported strong first-quarter 2026 results, with net sales increasing by 10.3% year-over-year to $878 million and adjusted earnings per diluted share rising by 37% to $1.29. PHINIA continues to focus on strategic business wins, including new programs in aerospace and defense, and is actively investing in advanced technologies for alternative fuels to contribute to lower carbon mobility. The company participated in Bank of America's 33rd Annual Industrials, Transportation and Airlines Key Leaders Conference in May 2026, highlighting its market positioning and future growth strategies.

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