2016 Global Auto Parts Suppliers Top 100 Since 2004, “American Auto News†has ranked each year according to the supplier's operating income in the automotive industry's supporting market business in the previous year. In 2016, we ranked the ranking of the automotive business supporting market revenue rankings of global auto parts suppliers in 2015.
In the past 12 years, "Automotive News of the United States" has continuously released the ranking of global auto parts suppliers. The year-on-year changes in the data can indeed tell the development of the global auto parts industry and the rise and fall of companies. Then, on the 2016 list, who will be the top three? Which Chinese companies will join the rankings?
Bosch, Denso and Magna top three
The top three of 2016 were Bosch, Denso and Magna International, and the top three in 2015 were Bosch , Magna International and the mainland. As the world's largest auto parts company, Bosch has a steady increase in turnover, stable core business, and the position of the boss is difficult to shake.
Magna International ranks down. In 2015, Magna adjusted its global strategy. At the end of last year, it spent $1.9 billion to acquire GETRAG, a German transmission company. Not long ago, Frank O'Brien, executive vice president of Magna International Asia, said that Magna International's sales fell to 32.18 billion US dollars last year, related to this acquisition.
Nippon Denso has been striving to catch up and has surpassed Bosch in the 2010 list. Continental Group has been actively deploying smart car technology and acquiring related companies. In May last year, Continental completed the acquisition of the automotive business of Finland’s Elibit Group. In 2015, the turnover of the Continental Group's automotive accessory market decreased by 5.4% year-on-year to US$29.518 billion.
Which Chinese company is listed?
In the list of top 100 auto parts supplier suppliers in recent years, Chinese companies generally occupy only two seats. It is reported that this ranking established by "American Auto News" belongs to the "reporter award system." If auto parts companies do not report their own sales, and they are not particularly well-known in the international market, no matter how good your "you" performance is, you will miss this list.
According to industry insiders, domestic large-scale Chinese parts and components companies such as Wanxiang Group, Fuyao Glass, Weichai, and Yuchai, etc., can all be listed on the basis of sales. With the rapid development of China's auto parts companies, there should be more parts companies in the list.
Yanfeng Automotive Interior Systems Company ranked 18th this year, ranking very bright. For the first time in the rankings last year, we got 26 good results. In this year's list, we ranked 8th and operating income rose by 30.8% year-on-year, making China's parts and components companies reach the top 20 for the first time. Yanfeng Automotive Interior Systems is a wholly-owned subsidiary of Huayu Automotive. The company acquired 50% of Yanfeng Visteon held by Visteon in 2013 and established a joint venture with Johnson Controls last year. Thanks to the absorption of two well-known interior decoration companies, Yanfeng Automotive Interior Systems’ market share and industry popularity have increased rapidly.
CITIC Dicasta entered the list for the fifth time, and the rankings have also steadily increased in recent years. From 92 in 2013 to 83 in 2014 and 81 in 2015, this year's ranking rises to 77th.
In addition, the 96th of the Top 100 KeySafety Systems Inc. was acquired by Ningbo Junsheng Electronics in February this year for US$920 million. If the business integration is successful, it may be possible to see Junsheng Electronics in the next year.
Which company's development has changed greatly?
From a revenue point of view, in terms of supporting business revenue in 2015, 58 companies increased year-on-year, 39 companies fell year-on-year, and 3 companies remained at the same level as in 2014.
The top 30 companies in the top 100 have their revenues up and down by half. Leading companies include ZF, Toyota Synthetic and Yanfeng Interior Systems; BASF and Magna have the largest declines.
From the point of view of the list alone, Japanese companies have a large number of seats, and their rankings have been rising year by year. It can be seen that the overall strength is constantly increasing. Japanese companies tend to be internally integrated. European and American companies are good at outreach and mergers and acquisitions. Investment factors such as acquisitions have a great influence on corporate development and ranking.
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