Automotive News’ annual ranking of the world’s biggest original equipment suppliers shows a dramatically evolving reality for the industry.
Despite three years of auto production mayhem, many parts companies are growing thanks to an emphasis on new technologies. The makers of components for electric vehicles — particularly battery producers — are making rapid incursions into the industry’s top ranks.
The 2023 ranking makes it clear that even in an era when automakers and Tier 1 suppliers are tapping into small startups for innovative solutions, the giants are continuing to get bigger.
EV growth puts battery suppliers into auto industry's top ranks
Wed, Jun 21, 7:05 pm
The automotive supply chain is changing fast as the industry electrifies, and those changes are reflected in this year's top suppliers rankings.
2023 top suppliers, ranked by total OE automotive parts sales
Wed, Jun 21, 7:05 pm
The annual top supplier list, which ranks companies by global sales to automakers, for the first time features a number of major EV battery makers.
Top 10 gainers in global OE automotive parts sales
Wed, Jun 21, 7:00 pm
The supplier industry's big gainers last year were dominated by battery makers and microchip producers.
Top 10 losers in global OE automotive parts sales
Wed, Jun 21, 6:54 pm
The rising tide of worldwide vehicle production lifted most boats last year, but revenue gains were not universal.
Top 10 N.A.-based suppliers
Wed, Jun 21, 6:50 pm
North America's top home-grown suppliers demonstrated the staying power of traditional components.
Top 10 Europe-based suppliers
Wed, Jun 21, 6:45 pm
Europe's portfolio of leading suppliers continue to be powerhouses on the global scene.
Top 10 Asia-based suppliers
Wed, Jun 21, 6:36 pm
The largest suppliers of Asia show a mix of EV batteries and electronics with the traditional.
Legacy parts makers and newcomers are shifting to an EV supply chain
Wed, Jun 21, 6:34 pm
Automakers and battery manufacturers are spending unprecedented sums of money on EVs. Suppliers are no different.
