Once again, four Canada-based auto parts makers find themselves on the Automotive News Top 100 Global Suppliers List, with two of them falling in the rankings.
Magna International Inc., Linamar Corp., Martinrea International Inc. and Multimatic Inc., found themelves on the list. All four companies were on the list for the last two years.
Magna International Inc., based in Aurora, Ont., maintained its third-place ranking for the fifth consecutive year and is the only Canadian company in the top five.
It did $39.43 billion (all figures in USD) in total global OEM automotive parts sales in 2019, down $1.39 billion from 2018. Magna was the top supplier to North America, with $19.3 billion in sales. Magna made a move in among suppliers in Europe, up to No. 2 from No. 4 a year ago.
Global standings for Linamar and Multimatic slipped slightly while Martinrea crept up.
Here is how the other Canadian companies in the top 100 fared:
- Linamar Corp. of Guelph, Ont. fell a few spots to No. 60, down from No. 57 a year ago, with 3.85 billion in sales, down from $4.06 billion a year ago;
- Martinrea International Inc. of Vaughn, Ont., climbed one rung to land at No. 77. It posted $2.59 billion in sales, down from $2.69 billion;
- Multimatic Inc. of Markham, Ont., fell four places to No. 97 with an estimated $1.65 billion in sales, the same total as a year prior.
This year’s list was released by Automotive News on June 29 and tracks sales from the previous year.
Linamar dropped one spot to No. 49 on the list of top suppliers to Europe and remained at No. 36 on the list of top suppliers to North America.
Martinrea, meanwhile, stayed at No. 38 on the list of suppliers to North America.
Bosch, Denso, Magna, Continental and ZF Friedrichshafen remain the world’s biggest suppliers, in the same order on the Automotive News list as a year ago. Of the top 10, only two — Lear Corp. and Faurecia — changed rankings last year. They swapped positions on the list, with Faurecia now No. 8 and Lear No. 9.
