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PHINIA provides fuel systems and aftermarket automotive parts to improve engine efficiency and reduce emissions. Its Fuel Systems unit designs injectors, pumps, engine control modules and complete system solutions with software and calibration; its Aftermarket unit offers replacement parts, diagnostic equipment, and remanufactured products under brands like Delphi, Delco Remy, and Hartridge. The company differentiates itself through its BorgWarner spin-off structure, strong aftermarket brands, and heavy investment in research and development aimed at fuel efficiency and alternative fuels, including hydrogen, ethanol, and CNG, plus carbon-free combustion applications. PHINIA seeks steady growth by gaining share in a shrinking internal combustion engine market while building capabilities for low-emission propulsion.
Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Auburn Hills, Michigan
Founded
2023
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Total Funding
$975M
Above
Industry Average
Funded Over
2 Rounds
Wellness Program
PHINIA: highlights continued investment in advanced fuel systems at IAA Transportation 2026. Published on 09/14/2026 at 01:07 am EDT * PHINIA continues to invest in technologies supporting diesel, hydrogen, compressed natural gas, and alternative fuels for commercial vehicles * PHINIA reports that about 85% of its annual R&D investment is focused on technologies that enhance fuel efficiency and support alternative fuels * Visitors can experience PHINIA's homologated hydrogen internal combustion engine (H[2] ICE) demonstration vehicle through the IAA Ride & Drive program Auburn Hills, Mich. (September 14, 2026) - PHINIA Inc. (NYSE: PHIN), a diversified, industrial supplier and global leader in the development of fuel systems, electrical systems, and aftermarket solutions, will showcase its latest technologies supporting lower-carbon commercial vehicle transportation at IAA Transportation 2026, taking place in Hannover, Germany, between September 15-20, 2026. With approximately 85% of its annual research and development investment focused on improving fuel efficiency, reducing emissions, and advancing alternative fuel technologies, PHINIA continues to invest in the future of commercial vehicle propulsion. At IAA Transportation 2026, the company will demonstrate a broad portfolio of advanced fuel system technologies that help manufacturers meet evolving emissions legislation while delivering the performance, reliability, and efficiency that operators expect. Visitors to Hall 19/20, Booth B20, will see PHINIA's latest innovations across advanced diesel systems, gaseous fuels, and alternative liquid fuel technologies. The displays will demonstrate PHINIA's ability to develop and integrate fuel systems technologies across medium- and heavy-duty commercial vehicle applications, while supporting fuels including diesel, hydrotreated vegetable oil (HVO) and biodiesel, hydrogen, natural gas, and other lower-carbon alternatives such as ethanol and methanol. Attendees can also experience first-hand PHINIA's recently homologated H[2] ICE light commercial vehicle through the IAA Ride & Drive program in Hall 14/15, Location TD04. The vehicle demonstrates how alternative fuel technologies can deliver practical, market-ready solutions while building on proven internal combustion engine platforms and existing manufacturing expertise. "While the mobility industry is evolving rapidly, our commitment remains the same: to deliver the technologies our customers need today while continuing to invest in the solutions they will need tomorrow," said Todd Anderson, VP and Chief Technology Officer, PHINIA. "We're continuing to invest across advanced diesel, gaseous fuel technologies and alternative liquid fuels because there is no single pathway to lower-carbon mobility. We combine complete system solutions with deep engineering expertise to give customers the flexibility to meet changing regulatory and market demands with confidence." Throughout the exhibition, PHINIA's technical experts will be available to discuss the trends shaping the future of commercial transportation, including the role of fuel diversity, advances in combustion technology, and the importance of developing practical, scalable solutions that support decarbonization across a wide range of vehicle applications. Visitors can find PHINIA at Hall 19/20, Booth B20, throughout IAA Transportation 2026. For more information, visit www.phinia.com About PHINIA PHINIA is a diversified, industrial supplier and global leader in the development of fuel systems, electrical systems, and aftermarket solutions, with a strong portfolio of trusted brands that includes DELPHI(R), DELCO REMY(R) and HARTRIDGE(TM). With over 100 years of manufacturing expertise and industry relationships, PHINIA has approximately 12,500 talented employees and over 40 locations in 20 countries and is headquartered in Auburn Hills, Michigan, USA. Our systems and solutions are designed to keep combustion engines operating at peak performance across a variety of applications: medium- and heavy-duty commercial vehicle (on-road vehicles used for commercial transport classified class 4-8, 14,001 pounds or heavier), light commercial vehicle (on-road vehicles used for commercial transport classified as class 1-3, 14,000 pounds or lighter), light passenger vehicle (on-road vehicles used primarily for carrying passengers), and off-highway, industrial, and other (including construction and agricultural machinery, vocational vehicles, marine, industrial applications, power generation, and aerospace and defense). PHINIA's service solutions include vehicle repair and replacement parts, offering both new and remanufactured products through the original equipment manufacturer dealer network and the independent aftermarket channel. By delivering high-performance solutions today and investing in advanced technologies to unlock the potential of alternative fuels in contributing to lower carbon mobility, PHINIA is shaping a more efficient and sustainable future. (DELCO REMY is a registered trademark of General Motors LLC, licensed to PHINIA Technologies Inc.) Attachments * Original document * Permalink Disclaimer Phinia Inc. published this content on September 14, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on September 14, 2026 at 05:06 UTC. (C) Publicnow - 2026
PHINIA expands North American sales leadership for Canadian Tire and NAPA accounts. 11 August 2026 Autosphere " Mechanical " PHINIA expands North American sales leadership for Canadian Tire and NAPA accounts. Several of the executive appointments directly support major Canadian distribution channels:. Automotive aftermarket supplier PHINIA Inc. has announced five new hires and two internal promotions across its North American aftermarket sales team as the company transitions to a dedicated factory sales force for its flagship Delphi brand. Several of the executive appointments directly support major Canadian distribution channels: * Aaron Henager joins as Retail Strategic Account Manager, directly managing PHINIA's sales relationship and day-to-day business operations with Canadian Tire and AutoZone. * Ande Schultz steps into the role of Senior Sales Manager for Genuine Parts Company (GPC) / NAPA North America, leading global account strategy and product program growth across NAPA networks. * Mike Pierzynski joins as Strategic Account Manager for Delco Remy, managing commercial vehicle aftermarket accounts including NAPA and FleetPride. * Jimmy Faseler joins as Retail Strategic Account Manager, while Mike Kiser and Travis McGuire take over as East and West Regional Sales Managers, reporting to Senior Sales Manager Mike Harvey. "As we transition to our own dedicated Delphi factory sales force, their experience and expertise will help take our business to another level," said Dave Illes, Senior Director of Aftermarket Sales, Marketing, and Training for North America at PHINIA. For Canadian automotive jobbers, commercial fleet parts managers, and retail automotive executives, the expanded team secures dedicated account management and supply chain coordination for Delphi and Delco Remy replacement components across Canadian service bays.
Phinia Inc reported strong second-quarter 2026 results, with net sales of $940 million, up 5.6% year-over-year. Adjusted earnings per share rose 20.5% to $1.53, driven by growth in both its Fuel Systems and Aftermarket segments. The company announced the acquisition of The Stoba Group, expected to add $80 million in third-party revenue and $25 million in EBITDA. The deal expands Phinia's exposure in off-highway, industrial, and aerospace/defence markets. Phinia generated $91 million in operating cash flow and $74 million in adjusted free cash flow during the quarter. The company returned $53 million to shareholders through share repurchases and dividends. For full-year 2026, Phinia expects revenue between $3.57 billion and $3.67 billion, with adjusted EBITDA of $485 million to $515 million.
PHINIA Inc. reported Q2 2026 revenue growth of 5.6%, driven by strong demand in Fuel Systems and Aftermarket segments, supported by an aging global vehicle fleet. Adjusted EPS increased 20.5%, attributed to robust segment performance and successful integration of the SEM acquisition, which delivered a 16.6% margin. The company announced the acquisition of stoba Group, expected to close in Q4 2026. The deal will vertically integrate high-precision component manufacturing and expand exposure to aerospace, defence, and semiconductor markets, adding approximately $80 million in third-party revenue. PHINIA raised its free cash flow outlook to $210 million to $250 million, reflecting improved working capital efficiency. Full-year revenue guidance was refined to $3.57 billion to $3.67 billion, with adjusted EBITDA guidance of $485 million to $515 million.
PHINIA appoints Daniel Griffin global aftermarket vice president. Griffin succeeds Neil Fryer, who will retire effective Sept. 30, 2026, following a long-planned transition. Mary is the Content Director for AftermarketNews/Counterman, and has been with Babcox Media for 38 years, serving in various editorial roles on several of the company's brands. Published: July 15, 2026 PHINIA Inc., a diversified industrial supplier and global provider of fuel systems, electrical systems and aftermarket solutions, announced the appointment of Daniel Griffin as global vice president, aftermarket, effective July 6, 2026. In this role, Griffin will report directly to Brady Ericson, president and chief executive officer, and will be based in Auburn Hills, Michigan. Leadership transition. Griffin succeeds Neil Fryer, who will retire effective Sept. 30, 2026, following a long-planned transition. Fryer will work closely with Griffin during the transition period to ensure continuity for customers, partners and employees. Executive comments. "Dan is a proven leader with deep experience across the automotive and aftermarket sectors, a strong commitment to customers, and a track record of building high-performing teams," said Ericson. "His leadership experience, collaborative approach, and passion for operational excellence make him uniquely qualified to lead our global aftermarket business as we continue to strengthen our market position and create value for customers worldwide. We are excited to welcome Dan to the PHINIA team and look forward to the leadership and expertise he will bring to the organization. I would also like to thank Neil Fryer for his outstanding leadership and many contributions to PHINIA. His impact has helped shape our Aftermarket business and has been an important part of PHINIA's growth and evolution since becoming an independent company." Role and priorities. As global vice president, Aftermarket, Griffin will have accountability for the operational, financial and cultural performance of PHINIA's global aftermarket business. He will focus on strengthening customer partnerships, driving commercial excellence and supporting the long-term growth and competitiveness of the business, the company said. Experience. Griffin brings global leadership experience and a record of supporting business growth, leading teams and driving continuous improvement. Prior to joining PHINIA, he held senior leadership roles at Dana Incorporated, including vice president, commercial vehicle & aftermarket North America, and vice president, global aftermarket & digital solutions. Earlier in his career, he held leadership positions spanning commercial strategy, operations, original equipment and aftermarket businesses across multiple regions. Griffin statement. "I am honored to join PHINIA and lead its global aftermarket organization," said Griffin. "PHINIA has a strong portfolio of trusted brands, a talented global team, and a longstanding commitment to serving customers. I look forward to building on that foundation and working alongside our teams and partners to support the continued growth and success of the business."
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Industries
Automotive & Transportation
Industrial & Manufacturing
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Auburn Hills, Michigan
Founded
2023
Find jobs on Simplify and start your career today