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April 27, 2020 06:46 AM

Tire & rubber companies among top Forbes auto suppliers

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    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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