Tire & rubber companies among top Forbes auto suppliers
27 Apr 2020
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Topping the table is Continental Corp. with sales of $52.4 billion during 2019
London – Tire and rubber companies feature prominently in a ranking by sales of the top world’s largest automotive parts suppliers, compiled by business magazine Forbes.
Topping the table is Continental with sales of $52.4 billion in 2019, of which $19.5 billion was generated by the German group’s Rubber Division – comprising its Tires and ContiTech rubber product businesses.
Bridgestone and Michelin – both focused solely on the supply of tires and rubber parts – weigh in at number 3 and 4 with sales of $33.1 billion and $26 billion respectively.
Further down the list of high-profile automation supplier are Goodyear in 14th slot with sales of $15.5bn and Pirelli in 19th with sales of $6.1 billion.
Company
Country
Sales
Profits
Assets
Market Value
1. Continental
Germany
$52.4bn
$3.4bn
$47.4bn
$35bn
2. Denso
Japan
$48.8bn
$2.4bn
$51.5bn
$34.9bn
3. Bridgestone
Japan
$33.1bn
$2.6bn
$35.2bn
$29.8bn
4. Michelin Group
France
$26bn
$2bn
$33.7bn
$23.8bn
5. Hyundai Mobis
South Korea
$31.9bn
$1.7bn
$38.6bn
$19.4bn
6. Magna International
Canada
$40.8bn
$2.3bn
$25.9bn
$18.3bn
7. Toyota Industries
Japan
$19.6bn
$1.3bn
$46.4bn
$17.2bn
8. Aisin Seiki
Japan
$36.6bn
$1.1bn
$32.5bn
$11bn
9. Sumitomo Electric
Japan
$28.7bn
$1.2bn
$28.4bn
$10.7bn
10. Aptiv
Ireland
$14.4bn
$1.1bn
$12.5bn
$23.3bn
11. Valeo
France
$22.6m
$644m
$21.1bn
$8.6bn
12. Lear
US
$21.2bn
$1.1bn
$11.6bn
$9.9bn
13. Schaeffler
Germany
$16.8bn
$1bn
$14.6bn
$6.3bn
14. Goodyear
US
$15.5bn
$693m
$16.9bn
$4.8bn
15. BorgWarner
US
$10.5bn
$931m
$10.1bn
$9.1bn
16. LKQ
US
$11.9bn
$485m
$11.4bn
$9.7bn
17. Koito Manufacturing
Japan
$7.4bn
$787m
$6.5bn
$9.8bn
18. Hella
Germany
$8.5bn
$750m
$7.1bn
$6.2bn
19. Pirelly
Italy
$6.1bn
$509m
$14.9bn
$7.2bn
20. Burelle
France
$8.6bn
$532m
$7.5bn
$1.9bn
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