Magna is one of 4 Canadian companies on Automotive News’ Top 100 Suppliers list

Four Canadian-based auto parts manufacturers make it to Automotive News’ Top 100 Global Suppliers list. This is the same number as 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, Ontario, retained its third place finish for the fourth straight year and is the only Canadian company in the top five.

It had $40.82 billion (all figures in USD) in total global OEM auto parts sales in 2018, up more than $4.2 billion from 2017. Magna was also the top supplier in North America, with $20.4 billion in sales.

Magna also maintained its No. 4 ranking among suppliers in Europe.

Linamar and Multimatic managed to improve their world rankings while Martinrea fell slightly.

Here’s how the other top 100 Canadian companies fared:

  • Linamar Corp. of Guelph, Ont. rose to No. 57 from 62 a year ago with 4.06 billion in sales, from $3.81 billion a year ago;
  • Martinrea International Inc. of Vaughn, Ont. dropped a few rungs to land at No. 78, down from No. 72 last year. It recorded sales of $2.72 billion, up from $2.93 billion in 2018;
  • Multimatic Inc. of Markham, Ont., climbed a few places to No. 93, from No. 99, with estimated sales of $1.65 billion. That was up from $1.39 billion the previous year.

This year’s list was published by Automotive News on June 24 and tracks sales from the previous year.

Linamar managed to stay at #48 on the Top Suppliers list in Europe and #36 on the Top Suppliers list in North America.

Martinrea, meanwhile, fell to No. 38 from 33 on the list of suppliers in North America.

Bosch, Denso, Magna, Continental and ZF Friedrichshafen remain the largest global suppliers, in the same order on the Automotive News list like a year ago. Only two of the top 10 – Valeo and Faurecia – changed rankings last year, with Faurecia n°9 and Valeo n°10.