Global top 100 auto parts suppliers in 2019:7 Chinese companies were shortlisted

- Jul 02, 2019-

On June 24, AutomotiveNews released its 2019 top 100 list of global auto parts suppliers.

Bosch remains at the top of the * list, with eight of the top 10 remaining on last year's rankings.

It is also worth mentioning that a total of seven Chinese companies were shortlisted this year, more than one last year.

Yanfeng is the top Chinese company, with the Anhui Zhongding Sealing Parts Co.,Ltd., also claiming the top 100 this year.

Traditionally, automotive news ranks suppliers by their revenue (sales) in the auto industry's ancillary market business in the previous year.

Therefore, the 2019 global top 100 list of supporting suppliers of components is based on the performance of each supplier in 2018.

Suppliers are required to provide company name, location, contact information and relevant data to participate in the ranking.

The list focuses on revenue from the auto parts business, and some of the larger parts suppliers didn't make the list, perhaps because they didn't submit data.

List overview: three new faces with sales of more than 40 billion

According to this year's list, a total of three companies had sales of more than $40 billion in 2018. Besides Bosch and denso, magna's auto business also had sales of more than $40 billion in 2018, reaching $40.827 billion.

All of the companies in the top 10 reported sales growth from the previous year.

The top eight companies were all unchanged from last year, while faurecia and valeo swapped places.

From sixth to 15th place in the top 15 are aishinseiki, hyundai mobius, Lear, faurecia, fareo, yazaki, matsushita automotive systems, andoto, sumitomo and yanfeng.

Panasonic's automotive systems have all moved up one place from last year, with ancillary sales rising to $17.466 billion in 2018 from $14.995 billion the year before.

Becoming a controlling shareholder in Ficosa is part of the reason for the increase, according to automotive news.

Compared with the 2018 list, there are nine newcomers to the list this year: bentler and hyundai-transysinc.

, Garrett, Arconic, SEGAutomotive, Anhui Zhongding Sealing Parts Co.,Ltd., kenlian, Auria, HennigesAutomotive.

For honeywell's transportation systems business, which it spun off last year, Garrett continues to support the company's substantial progress and investments in electrical products, software and smart connected cars.

Accordingly, of course, nine of the 2018 list failed to make this year's list: mitsubishi electric, hyundai Watson, hyundai demus, rheinmetall, alpi electronics, skeff, Johnson controls, pioneer and manhmer.

Of the 100 companies on the list, 76 saw growth in supporting revenue in 2018, while 24 saw declines to varying degrees, compared with 16 that saw declines in 2018.

Sales of huimen, which tenneco acquired in October, fell * by 33 per cent.

China has seven companies on the list: a dark horse

A total of 17 countries and regions made the list this year, while the us surpassed Japan with 25 and Japan with 23.

Germany has the same number of companies on the list as last year, with 20.

In addition, China, South Korea, Canada, France and Spain have 7, 6, 4, 3 and 3 companies respectively, while Luxembourg, Sweden, Mexico, Switzerland, Singapore, Italy, India, the United Kingdom and the Netherlands have 1 company respectively.

The number of Chinese companies listed also increased year by year.

A total of seven Chinese companies are listed on this year's list, with Anhui Zhongding Sealing Parts Co.,Ltd., in addition to yanfeng, Beijing haina chuan, citic daika, dechang electric, minth group and wuling industries.

Among them, yanfeng continues to lead the Chinese enterprises with absolute advantages.

On this year's list, yanfeng rose to no. 015 from no. 016 last year, while Beijing haina chuan ranked 61(last year's 65), citic daika 65(last year's 71), dechang electric 80 (last year's 79), minth 86 (last year's 92) and wuling 89 (last year's 80).

This year's Anhui Zhongding Sealing Parts Co., ltd. is in the economic and technological development zone in ningguo, Anhui province, with sales of supporting Parts totaling $1.714 billion in 2018, up 5.8% from the previous year.

It should be noted that in addition to local Chinese enterprises, there are also some Chinese companies in the top 100 list. For example, SEGAutomotive (no. 89) has been acquired by zheng jianji, and PrehGmbH (no. 98) is a subsidiary of junsun investment group limited acquired in 2017.