The Top 100 Auto Parts Suppliers Worldwide in 2020 ranked by sales of original equipment parts in 2020 are shown in the charts below. The world’s top supplier was Robert Bosch of Germany followed by Denso (DNZOY) of Japan. Other top European players include Continental AG(CTTAY) of Germany, Faurecia (FAURY) and Valeo of France(VLEEY) and Aptiv(APTV) of Ireland. Among the North American auto parts makers, the top firms include Magna(MGA) of Canada and Lear(LEA), Adient(ADNT), Tenneco(TEN) and BorgWarner(BWA) of the US.
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Source: Automotive News
The best way to profit from the automotive industry is not by investing in the auto makers themselves but by owning the auto parts makers. So investors interested in gaining exposure to this sector can use the above list for further research.
Disclosure: Long CTTAY, VLEEY, MGA and ADNT