Four Canada-based auto parts makers find themselves on the Automotive News Top 100 Global Suppliers List. It’s the same number from a year ago.
Magna International Inc., Linamar Corp., Martinrea International Inc. and Multimatic Inc., landed on the list. All four companies were on the list a year ago.
Magna International Inc., based in Aurora, Ont., maintained its third-place ranking for the fourth consecutive year and is the only Canadian company in the top five.
It did $40.82 billion (all figures in USD) in total global OEM automotive parts sales in 2018, up more than $4.2 billion from 2017. Magna was also the top supplier to North America, with $20.4 billion in sales.
Magna also retained its No. 4 ranking among suppliers to Europe.
Linamar and Multimatic managed to improve their global standings while Martinrea dropped slightly.
Here is how the other Canadian companies in the top 100 fared:
- Linamar Corp. of Guelph, Ont. moved up to No. 57 from 62 a year ago with 4.06 billion in sales, up from $3.81 billion a year ago;
- Martinrea International Inc. of Vaughn, Ont. fell a few rungs to land at No. 78, down from No. 72 last year. It posted $2.72 billion in sales, down from $2.93 billion 2018;
- Multimatic Inc. of Markham, Ont., crept up some places to No. 93, up from No. 99, with an estimated $1.65 billion in sales. That was up from the $1.39 billion the year before.
This year’s list was released by Automotive News in June 24 and tracks sales from the previous year.
Linamar managed to remain at No. 48 on the list of top suppliers to Europe and remained at No. 36 on the list of top suppliers to North America.
Martinrea, meanwhile, fell to No. 38 from 33 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. Only two of the top 10 — Valeo and Faurecia — changed rankings last year, with Faurecia No. 9 and Valeo No. 10.