Suppliers to Europe’s OEMs enjoy growth

Bosch still No. 1, Canada’s Magna Int. leaps to No. 3 spot

By Bradford Wernle, Automotive News Europe

The drive to add new technology to cars spurred growth at the partsmakers that supply European automakers, even though Europe’s new-car market remains relatively flat.

Germany’s Robert Bosch retained its spot as the largest supplier of parts to Europe’s carmakers. Bosch’s European OEM sales were $16 590 million in 2004, up 17.2 percent from 2003. French supplier Faurecia remained second largest with European sales of $11 300 million.

Magna International of…

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