The biggest suppliers in Europe rebounded nicely last year as the region started to show positive signs of recovery in the final months of 2013. Overall 2013 European sales by suppliers in the top 30 increased by 7 percent to $183.5 billion compared with the year before, bouncing back from a 4 percent loss in 2012 compared with 2011, according to Automotive News Europe data. An increase in European sales was reported by 24 of the top 30 partsmakers and 16 of those companies are based in Europe.
Bosch, Faurecia, ZF grow in 2013; combined Europe sales for top 30 rise 7%
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Bosch reported European sales of $21.3 billion, up from $19.3 billion in 2012. Continental was second last year with flat European sales of $16.4 billion. Canada’s Magna International passed France’s Faurecia to finish No. 3 with sales of $14.1 billion in Europe, up from $12.2 billion in 2012. Rounding out the top five were Faurecia ($12.9 billion) and ZF Friedrichshafen ($11.9 billion).
Overall, Bosch finished 2013 as the world’s No. 1 supplier with a global sales volume of $40.2 billion, up from $36.8 billion in 2012.
Three German suppliers made big leaps in the annual ranking of Europe’s top partsmakers. Bearings and engine component maker Schaeffler rose to No. 14 from No. 19 by boosting sales in Europe 7 percent last year to $4.6 billion. Mahle, which specializes in pistons, cylinder heads and valve trains, moved up to No. 17 from No. 21 in Europe. Draexlmaier rose to 21st in the ranking from 25th by boosting European sales of its electrical components and interior systems to $3.3 billion last year from $2.6 billion in 2012. That strong gain also propelled Draexlmaier to No. 53 in the global ranking from No. 64 in 2012.