November 2026
Largest Automotive Parts Public Companies
Benchmark revenue and EBITDA valuation multiples for public comps like
Eaton, Mitsubishi, Illinois Tool Works, Mahindra & Mahindra and Heico.
 | Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey. Eaton has since become an industrial powerhouse largely through acquisitions in various end markets. Eaton’s portfolio can broadly be divided into two parts: its electrical and industrial businesses. Its electrical portfolio (representing around 70% of company revenue) sells components within data centers, utilities, and commercial and residential buildings, while its industrial business (30% of revenue) sells components within commercial and passenger vehicles and aircraft. Eaton receives favorable tax treatment as a domiciliary of Ireland, but it generates over half of its revenue within the US. | $359 | +4% | $139B | $160B | 5.8x | 25.8x | ||
 | Mitsubishi Corp. is Japan’s largest general trading house, or sogo shosha, a type of conglomerate unique to Japan. Its core role is that of a trading intermediary in a variety of industrial sectors, including resources businesses like energy and metals as well as nonresources businesses, both industrial ones like automotive and nonindustrial ones like food, healthcare, and retail. In addition to acting as a trading intermediary (including midstream processing functions to convert inputs into final products), Mitsubishi participates in upstream production businesses and downstream distribution businesses. | $33 | +40% | $122B | $156B | 1.3x | 18.5x | ||
 | Founded in 1912, Illinois Tool Works has become a diversified industrial manufacturer through acquisitions and innovations that follow customer needs. ITW operates through seven business segments, with no segment representing more than one-fifth of revenue. ITW’s automotive OEM segment sells vehicle components; its food equipment segment sells commercial kitchen appliances; its test and measurement and electronics segment sells inspection and analysis equipment; its welding segment sells welding equipment and consumables; its polymers and fluids segment sells industrial and consumer adhesives, solvents, and coatings; its construction products segment sells building fasteners and tools; and its specialty products segment sells medical, packaging, HVAC, and airport ground equipment. | $287 | +15% | $81B | $90B | 5.6x | 19.5x | ||
 | Mahindra & Mahindra Ltd is a holding company. The company's segment includes Automotive; Farm Equipment and Services. It generates maximum revenue from the Automotive segment. The Automotive segment comprises the sale of automobiles, spares, mobility solutions, construction equipment, and related services. Geographically, it derives a majority of its revenue from India. | $36 | -14% | $44B | $54B | 2.6x | 12.9x | ||
| Heico is an aerospace and defense supplier that focuses on creating replacement parts for commercial aircraft and components for defense products. In commercial aerospace, Heico is the largest independent producer of replacement aircraft parts. In the defense market, the company produces niche subcomponents used in targeting technology as well as simulation equipment, among other categories. It operates two segments: the flight support group and the electronic technologies group. Both supply the aerospace and defense sectors to different degrees. Heico is persistently acquisitive, focusing on companies in similar or adjacent markets that offer strong cash flow and profitable growth potential. | $254 | -20% | $40B | $43B | 9.6x | 35.5x | ||
| Bridgestone Corp is engaged in developing, manufacturing, and marketing tires and diversified products. The company manufactures tires and tubes for passenger cars, trucks and buses, construction and mining vehicles, industrial machinery, agricultural machinery, aircraft, motorcycles and scooters, and others. Its tire operations include retread base tire business, automotive maintenance and repairs, retail business, and raw material supplies, as well as tire development, manufacturing, and marketing. The company also provides diversified products that include industrial products, chemical products, automotive components, construction materials, electronic equipment, bicycles, and sporting goods. | $27 | +15% | $33B | $34B | 1.2x | 7.5x | ||
| Denso was founded on Dec. 16, 1949, as Nippondenso, and is now a leading global manufacturer of automotive components, ranging from thermal and powertrain control systems to electronic and electrification solutions, headquartered in Kariya, Aichi Prefecture, Japan, and a core member of the Toyota Group. | $12 | -9% | $30B | $31B | 0.7x | 5.2x | ||
 | Weichai Power is a Chinese industrial group with businesses spanning powertrains, commercial vehicles, agricultural equipment and intelligent logistics. Established in 2002, the company originated from the Weifang diesel engine business. Its powertrain operations supply engines and related components, including transmissions and axles, for vehicles and industrial applications. Other group businesses manufacture commercial vehicles and agricultural machinery. Through holdings including KION and Dematic, the group also participates in forklift trucks, warehouse automation and supply chain technology. Customers include vehicle and equipment manufacturers, industrial operators and logistics businesses in China and international markets. Revenue comes from manufactured products and associated aftermarket services. The group's activities therefore extend beyond automobile manufacturing to a wider range of industrial equipment and components sold under several established brands. | $3 | +21% | $26B | $24B | 0.7x | 5.5x | ||
 | Michelin manufactures tires for passenger vehicles. The company also makes tires for all types of commercial vehicles as well as bicycle, motorcycle, earthmover, aviation, and agricultural tires. Its operations are organized into three operating segments namely Automotive and two-wheel; Road transportation; and Specialty businesses. The company generates maximum revenue from Automotive segments. The Specialty businesses include the Mining, Beyond-road, Two-wheel and Aircraft tire activities, as well as the High-Tech Materials activities. The Services & Solutions businesses are included for the majority part in the "Road transportation and related distribution" segment. | $37 | +15% | $25B | $30B | 1.0x | 6.0x | ||
 | Hyundai Mobis Co Ltd is an automotive parts manufacturer. The company operates two reportable segments: the Auto Parts segment, which supplies modules and parts required for the complete vehicle manufacturing process, and the After-Sales Services segment, which provides auto parts for After-Sales service needs along with accessories and related products. It generates the majority of its revenue from the Auto parts segment. | $264 | +25% | $24B | $17B | 0.4x | 3.7x | ||
| TVS Motor Co Ltd is an Indian automobile manufacturing company focused on the production of two-wheeled vehicles. The company principally manufactures motorcycles, scooters, mopeds, three-wheelers, and related spare parts and accessories. The company's reportable segments are Automotive vehicles and parts, Automotive Components, Financial Services, and Others. The company generates a majority of its revenue from the Automotive vehicles and parts segment. Geographically, the company derives its key revenue from India and the rest from other countries through exports. | $48 | +21% | $23B | $26B | 5.2x | 119.3x | ||
| Fuyao Glass Industry Group Co Ltd manufactures and sells glass to be fitted in automobiles. The company is principally engaged in providing total solutions of safety glass and automotive accessories for various transportation vehicles, including the design, manufacture, and sale of automotive grade float glass, automotive glass, locomotive glass, luggage racks, vehicle window trims, and provision of relevant services. The company's product portfolio consists of automobile glasses, such as coating glasses and others, which are applied in passenger cars, buses, limousines and others, and float glasses. The company distributes its products within domestic markets and overseas markets. Geographically, it derives a majority of its revenue from PRC. | $8 | -10% | $21B | $21B | 3.0x | 10.3x | ||
 | Traton SE is the parent and holding company of the TRATON GROUP and one of the world’s commercial vehicle manufacturers. With its brands Scania, MAN, International, and Volkswagen Truck and Bus. The Group’s product portfolio comprises trucks, buses, and light-duty commercial vehicles. Transforming Transportation Together. For a sustainable world, this intention underlines the Company’s ambition to have a lasting and sustainable impact on the commercial vehicle business and on the Group’s commercial growth. | $39 | +14% | $19B | $52B | 1.1x | 8.4x | ||
| Samvardhana Motherson International Ltd is a manufacturer of automotive wiring harnesses and plastic components and modules. The products include wiring harnesses, mirrors for passenger cars, injection molded products, modules including dashboards, door trims, bumpers, blow moulded components, liquid silicone rubber molded components, injection molding tools, extruded rubber products, precision machined metal components, and others. The company has five reportable segments such as Wiring Harness, Modules and polymer products, Integrated Assemblies, Vision systems and Emerging businesses. It derives majority of the revenue from Modules and polymer products segment which is engaged in manufacturing and supplies of plastic parts and system modules for vehicle interiors and exteriors. | $2 | +36% | $19B | $20B | 1.5x | 15.6x | ||
| Knorr-Bremse AG is engaged in the development, production, marketing, and servicing of Automotive parts. It operates its business activities in two divisions: Rail Vehicle Systems and Commercial Vehicle Systems. Its product portfolio comprises Braking, entrance, and HVAC systems; power electric and control technology; digital solutions; couplers; signal systems; pneumatic braking systems; energy supply and distribution systems; wiper and wash systems; and others. Majority of revenue is from Rail Vehicle System. Its geographical segments are Europe/Africa, North America, South America, and Asia-Pacific. | $109 | +3% | $18B | $20B | 2.2x | 13.8x | ||
| Genuine Parts sells aftermarket automotive parts (60% of sales) and industrial products (40% of sales) in the United States and internationally. The automotive segment primarily acts as a distributor to its network of 9,800 global retail locations, of which about two-thirds are independently owned and operated. We estimate Genuine serves around 6,000 retail locations in the US operating under the Napa Auto Parts brand, with about 80% of end-market sales derived from professional customers. Its industrial segment, primarily operating under the Motion name in the United States, is a leading distributor of bearings, power transmission, and other industrial products to more than 200,000 maintenance, repair, and original equipment manufacturer customers. | $123 | -6% | $17B | $23B | ||||
| Following the spinoff of its automotive middleware business in 2025 and the planned sale of ContiTech, the rubber solutions business, in 2026, Continental will be a pure-play tire manufacturer. According to our research, Continental Tires is the fourth-largest branded tire manufacturer internationally, with approximately 7% market share globally, behind Michelin, Bridgestone, and Goodyear, with global market shares of around 14%, 14% and 9%, respectively. Geographically, its operations remain Europe-heavy, where it derives 52% of revenue, followed by North America, and Asia-Pacific and "other," contributing 29% and 19%, respectively. Twenty-four percent of tires are sold into the new vehicle market with automotive original equipment as customers, and 76% sold as replacement tires. | $83 | +11% | $17B | $23B | ||||
 | Magna International prides itself on an entrepreneurial culture and a corporate constitution that outlines the distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2024, 48% of Magna's USD 42.8 billion of revenue came from North America, while Europe accounted for approximately 37% and Asia the remainder. The firm's top six customers constituted 72.9% of revenue, with the top three being GM, Mercedes, and Ford. GM was the largest contributor at 15.4%. Magna was founded in 1957, has over 170,000 employees, and is based in Aurora, Ontario. | $63 | +28% | $16B | $22B | ||||
| Bosch Ltd is a holding company of subsidiaries manufacturing and trading automotive products. The company sells car parts such as fuel systems, electrical drives and motors, steering systems, and aftermarket products to the automotive industry. The company's reportable segments are; Automotive products which generate maximum revenue, Consumer Goods, and Others. Its operations in the automotive business consist of diesel systems, gasoline systems, and automotive aftermarket products and services. The Consumer Goods segment predominantly consists of trading activities in power tools and consumables, and the Others segment includes industrial technology, building technology products, and services. Geographically, the company generates a majority of its revenue within India. | $539 | +33% | $16B | $16B | ||||
| Ningbo Tuopu Group Co Ltd is a China-based company that engages in the manufacturing and sale of automotive components for international and domestic automobile manufacturers. Its product lines include automobile NVH vibration control parts, acoustic systems, lightweight power chassis systems, intelligent driving systems, and thermal management systems. The company generates the majority of its revenue from the domestic market. | $8 | -15% | $13B | $13B | ||||
| Zhejiang Century Huatong Group Co Ltd is a China-based company engaged in three main businesses: Internet games, auto parts manufacturing, and artificial intelligence cloud data, as well as brain science research, artificial intelligence, metaverse platform and application development and investment. | $2 | -33% | $12B | $11B | ||||
| Yamaha Motor Co Ltd is engaged in the manufacture and sale of motorcycles, marine products, and related equipment. The company operates through four reportable segments: Land Mobility, Marine, Robotics, and Financial Services. The Land Mobility segment includes motorcycles, highway vehicles, electric-assist bicycles, automobile engines, and components. The Marine segment handles outboard motors, water vehicles, boats, and fishing vessels. The Robotics segment provides surface mounters, semiconductor manufacturing equipment, industrial robots, and unmanned helicopters, while the Financial Services segment offers sales financing and leasing related to Yamaha products. It generates the majority of its revenue from the Land mobility segment. | $11 | +54% | $11B | $14B | ||||
| Allison Transmission is the largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles. Its automatic transmissions allow customers to achieve better fuel and operator efficiency than less expensive manual and automated manual transmissions. Allison serves several end markets, including on- and off-highway equipment and military vehicles. Its on-highway business commands approximately 60% global market share. The company’s transmissions can be found in Class 4-8 trucks, buses, and a limited number of large passenger vehicles (heavy-duty pickup trucks and motorhomes). Allison also produces commercial hybrid propulsion systems and is developing fully electric powertrains. | $126 | +42% | $10B | $14B | ||||
| BorgWarner is a tier one supplier of turbo and thermal management technologies, drivetrain systems, powerdrive systems, and battery and charging systems mostly to automotive original equipment manufacturers. Its products aim to move a vehicle with as few electrons as possible, resulting in cleaner, cost-optimized, and more-efficient vehicles. Foundational products, the combustion vehicle business, contributes more than 80% to group revenue while BorgWarner transitions to becoming an electric vehicle-centric parts supplier (e-business). In 2024, 23% of the company’s revenue was sourced from Volkswagen and Ford. Revenue is well diversified geographically, with approximately a third each generated in North America, Europe, and Asia. | $51 | +18% | $10B | $12B | ||||
| Furukawa Electric is a Japanese diversified manufacturer and one of the country's oldest wire and cable makers. It operates across several segments: digital infrastructure components (thermal management, distributed feedback lasers), optical solutions (fiber, cables, ferrules), automotive systems (wiring harnesses), metal solutions (copper products, superconductors), and energy infrastructure (HVDC power cables, submarine). Its main markets include telecommunications carriers, data center and network infrastructure operators, and automotive OEMs, with significant exposure to both Japan and overseas markets including North America and Asia. Furukawa has increasingly positioned optical connectivity as a core growth driver amid rising data traffic and AI-related demand. | $14 | +126% | $10B | $12B | ||||
| Aisin Corp is a manufacturer and seller of automotive parts, lifestyle and energy-related products, and wellness products. The majority of revenue is generated selling automotive parts and related services, automatic transmissions, car navigation systems, lifestyle products such as sewing machines and beds, and heat pumps. Other operations include cast-iron parts for engines and brakes. The company has operations across the world, supplying a wide range of car manufacturers around the globe. | $14 | -22% | $9.6B | $12B | ||||
| Niterra Co Ltd is engaged in the manufacture and sale of automotive components and ceramic products. The group has three reportable segments: Automobile related, Ceramics, and New Businesses. The Automobile related segment manufactures and sells spark plugs, exhaust gas sensors, and other automobile components. The Ceramics segment manufactures and sells cutting tools, industrial machinery parts, semiconductor manufacturing equipment parts, semiconductor packages, and medical oxygen concentrators. The New Businesses segment focuses on products related to environmental energy and other emerging fields. | $24 | -44% | $9.5B | $9.4B | ||||
| Chongqing Changan Automobile Co Ltd is engaged in automobile manufacturing. The company's own-brand models include Alsvin series, CS series, EADO series, RAETON series, Honor, and Oushang series automobiles and passenger cars. The company is also engaged in the research and development, production, and sales of automobile engines. It has also developed businesses such as mobile travel, automotive life services, new marketing, after-sales maintenance, and battery replacement services. | $1 | -39% | $9.2B | $5B | ||||
| Bharat Forge Ltd is an Indian multinational engaged in metal forging across different industries. The company has the following business units: automotive, power, oil and gas, construction and mining, rail, marine and aerospace. The automotive unit offers products including powertrain components, machines crankshafts, connecting rods, and piston. The Power business unit manufactures components for thermal, wind, hydro and nuclear applications. The Company divides its business into three reporting segments: "Forgings", "Defense", and "Others". The Forgings segment focuses on manufacturing forged components, while the Defense segment centers around defense-related activities. The "Others" segment encompasses all other businesses not covered by Forgings and Defense. | $19 | +17% | $9.2B | $9.6B | ||||
 | Autoliv Inc is a developer, manufacturer, and supplier of passive safety systems to the automotive industry with a broad range of product offerings. Its product portfolio includes passive safety systems for commercial vehicles, battery cut-off switches, safety solutions for riders of motorcycles and bikes, airbags (including steering wheels and inflators), seatbelts, etc. Geographically, the group operates in the Americas, Europe, China, and Asia, excluding China, of which the maximum revenue is generated from its business in the Americas. | $119 | +1% | $8.6B | $10B | ||||
| Auto components maker supplying switches, lighting, horns, seating, sensors, alloy wheels and electronics. Customers are Indian and global vehicle makers, mainly two-wheeler, passenger car and commercial vehicle manufacturers. Headquartered in Gurugram. | $15 | +1% | $8.5B | $8.8B | ||||
| HELLA GmbH & Co KGaA is a manufacturer of lighting and electronic components and systems for the automotive industry. The company also produces complete vehicle modules, air-conditioning systems, and vehicle electrical systems in its joint-venture companies, as well as products for specialist vehicles. Further, Hella operates a trade organisation for automotive parts, accessories, diagnosis, and services in Europe. The company is controlled through a pooled family majority shareholding in the group. The company has three reportable segments which are Lighting, Electronics and Lifecycle Solutions. The company generates majority of the revenue from Lighting segment. | $74 | -23% | $8.2B | $7.1B | ||||
 | Pirelli is an Italian tyre manufacturer founded in Milan in 1872 by Giovanni Battista Pirelli and headquartered in the Bicocca district of Milan. It makes tyres for cars, motorcycles and bicycles, with a focus on the high value segment, and sells in more than 160 countries through about 14,600 distributors and retailers. It operates 18 manufacturing sites in 12 countries and employed about 29,500 people in 2025. The company has been listed on the Borsa Italiana since 1922 and has supplied the FIA Formula One World Championship exclusively since 2011. Group revenue was EUR 6,776.2 million in 2025. Camfin, headed by Marco Tronchetti Provera, holds about 26.5 percent of the capital, while Sinochem reduced its holding from 34.1 percent to 20.1 percent in July 2026. Recent moves include the purchase of Hevea-Tec in Brazil and minority stakes in Univrses and RIDEsense to extend its Cyber Tyre sensing technology. | $7 | +8% | $8.1B | $11B | ||||
| Aptiv PLC is an industrial technology company focused on enabling a more automated, electrified and digitalized future. The company's technologies reach from sensor to cloud, including the hardware and software necessary to support automotive and other industries on a global basis. Its Advanced Safety and User Experience segment provides advanced software and services, intelligent sensors and high-performance compute platforms; its Engineered Components Group segment provides connection systems, high-performance interconnects, and cable management and protection solutions; and its Electrical Distribution Systems segment provides low voltage and high voltage power, signal and data distribution. | $39 | -50% | $7.9B | $13B | ||||
| Shenzhen Kedali Industry Co Ltd is engaged in Research & Development and manufacturing of lithium battery precision structural parts and automotive structural parts. | $25 | +15% | $7.2B | $6.6B | ||||
| Yokohama Rubber Co Ltd makes and sells rubber tires, wheels, and other components in two primary segments based on product type: The tires segment, which generates the majority of revenue, sells rubber tires and wheels for automobiles under the Yokohama and Advan brand names; the multiple businesses segment sells hose and couplings, conveyor belts, marine hoses, pneumatic genders, sealants and adhesives, aerospace components, and electronic materials. The majority of revenue comes from Japan. | $45 | +13% | $7.1B | $10B | ||||
| Sekisui Chemical Co Ltd is a Japanese diversified holding company engaged in the housing, infrastructure, high-performance plastics, and medical businesses. The company operates through four segments: Housing, which handles the manufacture, sale, and renovation of unit housing and real estate services; Environment & Lifeline, which produces and sells plastic pipes, building materials, and infrastructure products; High Performance Plastics, which manufactures glass interlayer films, polyolefin foams, adhesive tapes, and functional materials; and Medical, which produces and sells diagnostic reagents, medical raw materials, and pharmaceutical intermediates. It generates the majority of its revenue from the Housing segment. | $17 | -1% | $6.9B | $7.6B | ||||
| Maker of precision metal parts using metal injection moulding and related processes. Parts serve auto, consumer, industrial, aerospace and medical customers across India and exports. Headquartered in Bengaluru. | $14 | -- | $6.7B | $6.8B | ||||
| Wanxiang Qianchao Co Ltd is a China-based company mainly engaged in the production and distribution of automobile parts. It offers products ranging from parts to components to system integration, production specialization, product serialization, and supply modularity. The products include universal joints, wheel hub units, bearings, car chassis and the suspension system, brake system, transmission system, exhaust system, fuel tank, engineering machinery parts and other automotive system components and assemblies. | $2 | +8% | $6.4B | $6.6B | ||||
| Maker of automotive driveline and motor components such as differential gears, starter motors and traction motors for electric vehicles. Customers are global vehicle makers. Headquartered in Gurugram. | $10 | +72% | $6.2B | $6B | ||||
| Guangzhou Automobile Group Co Ltd is a state-controlled producer of passenger vehicles, motorcycles, and auto parts. The company's activities are broadly classified into two segments; The vehicles and related operations segment include the production and sale of a variety of passenger vehicles, commercial vehicles, automotive parts, and related operations, and the Others segment includes mainly the production and sale of motorcycles, automobile finance, and insurance, other financing services, and investing businesses. The firm's operations are spread across Mainland China and Hong Kong. Its vehicles segment generates a majority of the revenues for the company. Geographically, it derives a majority of its revenue from Mainland China. | $1 | -45% | $6B | $8B | ||||
| Schaeffler AG is an integrated automotive and industrial supplier based in Germany. The group's reportable operating divisions are: E-Mobility, Powertrain and Chassis, Vehicle Lifetime Solutions, Bearings and Industrial Solutions, and the Others division. Maximum revenue is derived from the Powertrain and Chassis division, which is engaged in the manufacturing and sales of components and system solutions for internal combustion and electrified powertrains, as well as chassis and steering technologies. The division's products are used in passenger cars, commercial vehicles, and two-wheelers. Geographically, the Group derives maximum revenue from Europe, followed by the Americas, Greater China, and the Asia-Pacific region. | $6 | -18% | $5.9B | $12B | ||||
| Schaeffler India Ltd precision components and systems in engine, transmission, and chassis applications, as well as rolling and plain bearing solutions for many industrial applications, is shaping mobility to a degree. It offers diverse services in the Automotive, Industrial, Automotive Aftermarket, and Export business segments. In addition, it provides training to key garage influencer groups and holds fleet workshops for the Automotive Aftermarket and Industrial distribution markets. Its client emphasis on innovation and superior distribution network enable it to grow and create value for stakeholders. It has reported segment information under two segments: Mobility components and related solutions and Others. | $38 | -13% | $5.9B | $5.8B | ||||
| Largest tyre maker in India by revenue, producing tyres for cars, trucks, buses, two-wheelers, farm and aircraft use, plus tubes, treads and paints. Sells through a large dealer network and to vehicle makers. Headquartered in Chennai. | $1,372 | -20% | $5.8B | $5.4B | ||||
| Sensata Technologies is a global supplier of sensors for transportation and industrial applications. Sensata sells a bevy of pressure, temperature, force, and position sensors into the automotive, heavy vehicle, industrial, heating, ventilation, and cooling, and aerospace markets. The majority of the firm’s revenue comes from the automotive market, where it focuses on bumper-in applications. | $39 | +23% | $5.7B | $7.6B | ||||
| Vontier, spun off from Fortive in 2020, is an industrial technology company with a portfolio of transportation and mobility solutions. The company offers a wide array of products and services, including fueling equipment, sensors, point-of-sale and payment systems, telematics, and equipment used by vehicle mechanics and technicians. Vontier generated approximately $3.1 billion in sales in 2025. | $43 | +19% | $5.7B | $7.4B | ||||
| Modine Manufacturing Co provides thermal management solutions to diversified markets and customers. The company provides engineered heat transfer systems and heat transfer components for use in on- and off-highway original equipment manufacturer (OEM) vehicular applications in the United States. It offers powertrain cooling products, such as engine cooling assemblies, radiators, condensers, and charge air coolers; auxiliary cooling products, including power steering and transmission oil coolers. Its operating segments include Climate Solutions and Performance Technologies. | $106 | -35% | $5.6B | $6.2B | ||||
| Hankook Tire & Technology Co Ltd is a manufacturer of rubber automotive tires. It offers a wide range of tires, including options for passenger cars, light trucks, buses, high-performance vehicles, and motorsport use. The company also provides services such as installation, tire replacement, and wheel alignment for different vehicle types. Its products are marketed under several brands, including Laufenn, Kingstar, Ventus, Dynapro, Smart, and VanTRa. | $46 | +9% | $5.6B | $9.9B | ||||
| Lear Corp designs, develops, and manufactures automotive seating and electrical systems and components. The company has two reporting segments Seating and E-Systems. Seating components include frames and mechanisms, covers (leather and woven fabric), seat heating and cooling, foam, and headrests. Automotive electrical distribution and connection systems and electronic systems include wiring harnesses, terminals and connectors, on-board battery chargers, high-voltage battery management systems. The company earns majority of its revenue from the seating segment. | $109 | +1% | $5.2B | $7.2B | ||||
| Zhongce Rubber Group Co Ltd is engaged in Research and development, production and sales of tire products such as all-steel tires, semi-steel tires, bias tires and car tires. | $6 | -26% | $5.1B | $6.7B | ||||
| LKQ Corp is a world-wide distributor of vehicle products, including replacement parts, components and systems used in the repair and maintenance of vehicles, and specialty aftermarket products and accessories to improve the performance, functionality and appearance of vehicles. The company is organized into three operating segments: North America; Europe; and Specialty segment. It derives maximum revenue from Europe Segment. Europe segment is a provider of alternative vehicle replacement and maintenance products in Germany, the United Kingdom, the Benelux region (Belgium, Netherlands, and Luxembourg), Italy, Czech Republic, Austria, Slovakia, France and various other European countries. | $20 | -34% | $5B | $9.8B | ||||
| Ningbo Joyson Electronic Corp is a global leading supplier of automotive electronics and automotive safety. It is mainly engaged in the research and development and manufacturing of smart cockpits, smart networking, smart driving, new energy management and automotive safety. It currently has two major business divisions, automotive safety and automotive electronics, and has established an Intelligent Vehicle Technology Research Institute and a New Energy Research Institute. | $3 | -14% | $5B | $8.3B | ||||
 | Mobileye Global Inc engages in the development and deployment of ADAS and autonomous driving technologies and solutions. It is building a portfolio of end-to-end ADAS and autonomous driving solutions to provide the capabilities needed for the future of autonomous driving, leveraging a comprehensive suite of purpose-built software and hardware technologies. The company's reportable operating segment are Mobileye and Moovit. Its solutions comprise Driver Assist, Cloud-Enhanced Driver Assist, Mobileye SuperVision Lite, Mobileye SuperVision, Mobileye Chauffeur, Mobileye Drive, Self-Driving System & Vehicles. It derives maximum revenue from Mobileye Segment. | $6 | -52% | $4.8B | $3.3B | ||||
| Engineering group making steel tubes, chains, metal-formed auto parts, bicycles and electric vehicle products. It also holds group stakes in finance and mobility units. Headquartered in Chennai. | $25 | -21% | $4.8B | $5.1B | ||||
| Maker of off-highway tyres for agriculture, construction, mining and industrial vehicles under the BKT brand. Most sales are exports to Europe and the US. Headquartered in Mumbai. | $25 | -5% | $4.7B | $5.2B | ||||
| Atmus Filtration Technologies Inc manufactures filtration products for on-highway commercial vehicles and off-highway agriculture, construction, mining, and power generation vehicles and equipment. The company designs and manufactures Developed filtration products, principally under the Fleetguard brand, that enable lower emissions and provide asset protection. It designs, manufactures, and sells filters, coolants, and chemical products. The company offers products including air filtration, coolants and chemicals, crankcase ventilation, fuel filtration, fuel cells, lube filtration, and others. | $56 | +10% | $4.5B | $5.3B | ||||
| Gentex was founded in 1974 to produce smoke-detection equipment. The company sold its first glare-control interior mirror in 1982 and its first model using electrochromic technology in 1987. Automotive revenue is about 98% of total revenue. The company is constantly developing new applications for the technology to remain on top. Sales in 2024 totaled about $2.3 billion, with 47.7 million mirrors shipped. The unit mix breaks out as 63% interior and 37% exterior, versus 31% exterior in 2019. The company is based in Zeeland, Michigan. | $19 | -15% | $4B | $3.8B | ||||
 | Garrett Motion Inc designs, manufactures and sells engineered turbocharger and electric-boosting technologies for light and commercial vehicle original equipment manufacturers (OEMs). The company is a technology leader with expertise in delivering products across gasoline, diesel, natural gas and electrified powertrains. The company also sells its technologies in the aftermarket through its distribution network. The company derives maximum of its revenue from Gas and geographically from Europe. | $22 | +30% | $4B | $5.2B | ||||
| Toyoda Gosei Co Ltd is a manufacturer of resins and rubber parts for automobiles. The company's products fall into three categories: automotive parts, LEDs, and general industry products. The automotive parts segment, making up the lion's share of Toyoda Gosei's generated revenue, produces weather strips, fuel tanks, and engine peripheral parts, chassis and drivetrain parts, interior and exterior parts, and safety systems such as airbags. In its other business segments, the company produces LEDs for crystal displays, LED light solutions, and glass-encapsulated LEDs, air conditioning products, home construction components, and industrial and construction machinery parts. | $7 | -70% | $4B | $4.1B | ||||
| BAIC BluePark New Energy Technology Co Ltd is engaged in the research and development, production, sales, and service of new energy pure electric vehicles and core components. The company operates under the Xiangjie, Jihu, and BEIJING brands, offering a range of models that include the Xiangjie S9, Alpha S Pioneer PRO, Alpha T5, Koala series, and others. | $1 | -44% | $3.9B | $4.6B | ||||
| Dorman Products Inc is a supplier of original equipment parts for automobiles. It offers automotive and heavy-duty replacement parts, automotive hardware, brake parts, and fasteners for the automotive and heavy-duty aftermarket. The products are sold under the Dorman brand and its sub-brands OE Solutions, Help!, Conduct-Tite, Super ATV, etc., through aftermarket retailers, warehouse distributors, specialty markets, and salvage yards. The company operates through three business segments, which include Light Duty, Heavy Duty, and Specialty Vehicle. A majority of its revenue is generated from the Light Duty segment, which designs and markets replacement parts and fasteners mainly for passenger cars and light trucks. Geographically, it derives key revenue from the United States. | $132 | 0% | $3.9B | $4.3B | ||||
| Sumitomo Heavy Industries Ltd manufactures and sells mechanical components. The company operates through four segments. The Energy & Lifelines segment covers power generation equipment, boilers, turbines, pumps, water treatment systems, ships, and food machinery. Industrial Machinery includes plastic and film processing machinery, cryogenic refrigerators, semiconductor equipment, accelerators, medical devices, forging presses, machine tools, and defense equipment. Logistics & Construction handles excavators, cranes, road machinery, logistics systems, and parking systems. Mechatronics provides gear reducers, motors, inverters, laser processing systems, and control devices, while Others include real estate and software. | $33 | +20% | $3.9B | $4.8B | ||||
 | Inter Cars SA is engaged in the import and distribution of spare parts and tyres for passenger cars and utility vehicles. The company's product offerings include Spare parts for passenger cars, Spare parts for commercial vehicles and buses, tyres, batteries, lubricants, garage equipment, motorcycles, and parts, Accessories, and other sales - services. Its segments include: Sale of spare parts; and Sale of spare parts Ukraine. | $272 | +77% | $3.8B | $4.6B | ||||
| RENK Group AG provides vehicle mobility solutions. Its propulsion and drivetrain technology ensures the reliable deployment of forces to set vehicles, vessels, and machinery in motion. The company's business is divided into the following segments: Vehicle Mobility Solutions, Marine and Industry, and Slide Bearings. The Vehicle Mobility Solutions segment, which generates maximum revenue, provides technology for the deployment of forces to set vehicles, vessels, and machinery in motion, and also offers products like engines, suspensions, electric drives, and power packs for military vehicles and test systems. Geographically, the company generates maximum revenue from Germany and the rest from America, Asia, Africa, other European countries, Other EU countries, and Australia and Oceania. | $38 | -35% | $3.8B | $4.2B | ||||
| Automotive component maker supplying suspension, braking, transmission and aluminium castings to two-wheeler and car makers in India and Europe. Headquartered in Chhatrapati Sambhajinagar (Aurangabad). | $27 | -9% | $3.8B | $3.7B | ||||
| Aumovio is a global tier-one automotive parts supplier, holding number one, two, or three market share positions across most of its portfolio. Operating segments include safety and motion (40% of revenue in 2025), architecture and network solutions (27%), autonomous mobility (16%), user experience (16%), and contract manufacturing (1%). By far its largest product by revenue contribution is brake systems (SAM), which account for around a quarter of group revenue, followed by control units (ANS), display solutions (UX), and radars (AM)—a product offering skewed toward hardware. Europe, North America, Asia-Pacific, and "other countries" contribute 49%, 21%, 27%, and 3% to revenue, respectively. | $36 | -16% | $3.6B | $2.6B | ||||
| Brembo is an Italian manufacturer of braking systems and components for cars, motorcycles, commercial vehicles and racing, founded in 1961 near Bergamo by Emilio Bombassei and Italo Breda. Its legal seat is in Amsterdam and its operating head office is in Curno, Bergamo, and its shares are listed on Borsa Italiana. The group owns the Bybre, Marchesini, AP Racing, SBS Friction, J. Juan and Ohlins brands. It reported 2023 revenue of EUR 3,849 million and had more than 16,000 employees across 15 countries. Its largest acquisition was Ohlins Racing, a suspension maker bought from Tenneco for USD 405 million in 2024. It also invests in start-ups through Brembo Ventures. | $11 | +6% | $3.6B | $3.6B | ||||
| Dhoot Transmission makes wiring harnesses, battery cables, and related electrical assemblies for vehicles. Customers are automotive OEMs, including makers of passenger cars, commercial vehicles and two-wheelers in India. Headquartered in Aurangabad (Chhatrapati Sambhajinagar), Maharashtra. | $17 | -- | $3.6B | $3.5B | ||||
| Linamar Corp is a diversified world-wide manufacturing company of engineered products. The company's Industrial segment operates the Skyjack and MacDon brands, It manufactures products for the Aerial Work Platform and Agricultural industries, respectively. The Mobility segment features vertically integrated operations to combine expertise in light metal casting, forging, machining and assembly of components and systems for electric and traditional vehicle applications. | $60 | +7% | $3.5B | $4.1B | ||||
 | CIE Automotive SA is a supplier of components and subassemblies for the automotive market. The company produces components for engines, gearboxes, transmissions, chassis, interior and exterior trims, and roof systems. The company's clients include Renault, Magna, Chrysler, Daimler, Schaeffler, Ford, Nexteer, Volkswagen, and Faurecia. Next to its core automotive business, Cie Automotive operates a process improvement service through a subsidiary. The majority of revenue and operating profits are generated in Cie Automotive's core segment automotive components. | $30 | -14% | $3.5B | $5.1B | ||||
| Gabriel India makes shock absorbers, struts and front forks, plus other ride-control parts. It sells to passenger vehicle, commercial vehicle and two- and three-wheeler makers and in the aftermarket. It is part of the Anand Group. Headquartered in Pune. | $18 | +52% | $3.4B | $3.5B | ||||
| Sansera Engineering Ltd manufactures complex and critical precision-engineered components and caters across automotive and non-automotive sectors. The Company is in the business of manufacture and sale of automobile/aerospace components which represents a single business segment. The company is in the business of manufacturing auto components such as rocker arms, connecting rods, gear shifters, crankshafts, and aerospace components, radars, and mm-wave sensors. Geographically the company generates revenue from India, Europe, the USA, and Other foreign countries. | $50 | +156% | $3.1B | $3.2B | ||||
| NSK Ltd is a Japan-based company that manufactures and sells automotive products, precision machinery, and mechatronic products. The company has two business segments, the Industrial Machinery business and the Automobile Business. The Industrial machinery bearing business is comprised of three sub-segments: the general machinery, electrical and IT equipment, and the Aftermarket segment. The Automobile business is engaged in the production and sales of bearings for car manufacturers and automotive component manufacturers, steering columns, and automatic transmission components. Its products include ball bearings, roller bearings, Plummer blocks, electric power steering, and super precision bearings. It generates the majority of its revenue from the Automobile segment. | $6 | +8% | $3.1B | $4.1B | ||||
| Valeo SA is a company based in France. Valeo is an automotive parts supplier that operates through four business segments, including powertrain systems (PTS, 31% of 2022 revenue), thermal systems (THS, 22%), comfort and driving assistance systems (CDA, 22%), and visibility systems (VIS, 25%). As of 2022, Valeo generated 84% of its revenue through original equipment sales and 11% of its revenue through aftermarket parts. Geographically, company operates in France, North America, Asia, and Other European Countries. | $13 | +2% | $3.1B | $8.2B | ||||
| Engineering company making powertrain and aluminium products for vehicles, industrial machinery parts and storage solutions. Headquartered in Coimbatore. | $117 | +49% | $3.1B | $3.4B | ||||
| Nabtesco Corporation is a global leader in precision motion control technology, headquartered in Tokyo, Japan. The company was established in 2003 through the merger of Teijin Seiki and Nabco, bringing together decades of engineering expertise in advanced mechatronics. Nabtesco operates at the intersection of mechanical engineering and automation, supplying highly specialized components and systems for mission-critical industrial applications. | $26 | -- | $3B | $2.8B | ||||
| Asahi India Glass makes automotive safety glass and float glass for buildings, and runs glass retail and installation outlets. Customers are carmakers, builders and consumers in India. It is a leading automotive glass maker in India. Headquartered in New Delhi. | $12 | +3% | $3B | $3.2B | ||||
| OFILM Group Co Ltd is engaged in the design, research, development, production, and sale of optical and optoelectronic components. The company's products include touch display products, optical products, sensor products, smart car products, and others. | $1 | -48% | $2.9B | $3.8B | ||||
| Changzhou Xingyu Automotive Lighting Systems Co., Ltd. makes automotive lighting and related electronics and is headquartered in the Changzhou National High-Tech Industrial Development Zone in Jiangsu. It was established in 1993, converted into a joint-stock company in October 2007 and listed on the Shanghai Stock Exchange in February 2011 under code 601799. Its products include intelligent headlights with adaptive driving beam technology, smart-cabin systems with holographic projection, AR and AI personalization, intelligent-driving products such as millimeter-wave radar, smart cameras and ADAS controllers, and lighting control modules. It has subsidiaries in Hong Kong, Foshan, Changchun, Shanghai and Chongqing and offices in Germany, Japan, Serbia, Mexico and the United States, and took part in SVOLT's Series B+ round. | $10 | -41% | $2.9B | $2.4B | ||||
| Apollo Tyres Ltd manufactures and sells tires. The company's geographical segments are the Asia Pacific, the Middle East, Africa (APMEA), Europe, and Others. The firm's two key brands are Apollo and Vredestein. The product portfolio comprises tires for Passenger, Commercial, Off-highway vehicles, and Two-wheelers. | $5 | -22% | $2.9B | $3.3B | ||||
| ZF Commercial Vehicle Control Systems India makes braking and control systems, air compressors and other parts for trucks, buses and trailers. Customers are commercial vehicle makers. Part of the ZF group. Headquartered in Chennai. | $25 | +0% | $2.8B | $2.6B | ||||
| Force Motors makes commercial vehicles, vans, ambulances and utility vehicles, engines and axles, and supplies parts to German carmakers. Customers include fleet operators, governments and OEMs. Headquartered in Pune. | $212 | +6% | $2.8B | $2.5B | ||||
| Holding and operating company of the TVS group's auto businesses. It holds TVS Motor and owns operating units in auto components, mobility distribution and tyres, with other group investments. Headquartered in Chennai. | $137 | -15% | $2.8B | $7.5B | ||||
| Motherson Sumi Wiring India makes wiring harnesses for passenger cars, commercial vehicles, and two-wheelers, mainly for Indian car makers and joint ventures. It is part of the Motherson group. Headquartered in Noida. | $0 | -19% | $2.7B | $2.8B | ||||
| Phinia Inc is engaged in the development, design, and manufacture of integrated components and systems that optimize performance, increase efficiency, and reduce emissions in combustion and hybrid propulsion for commercial vehicles, industrial applications, and light vehicles. Its product portfolio includes alternative fuel systems, fuel delivery modules, evaporative canisters, diesel fuel injection systems, electrical systems, hydrogen solutions, associated software, and others. The company's reportable segments are; the Fuel Systems segment, which derives key revenue, and the Aftermarket segment. Geographically, it generates maximum revenue from the United States and the rest from the United Kingdom, China, Poland, Romania, Brazil, and other regions. | $73 | +34% | $2.6B | $3.3B | ||||
| Stanley Electric Co Ltd is engaged in the manufacture and sale of lighting and electronic components, mainly for the automotive industry. The company operates through three reportable segments: Automotive Equipment Business, Components Business, and Electronic Application Products Business. The Automotive Equipment segment produces automotive lighting products for automobile manufacturers, while the Components segment provides electronic device products for electrical and automotive-related manufacturers. The Electronic Application Products segment manufactures products such as LCD backlights, strobes, and operation panels tailored to customer specifications. It generates the majority of its revenue from the Automotive equipment business segment. | $20 | +2% | $2.5B | $3.1B | ||||
| Sundaram Fasteners makes high-tensile fasteners, powertrain parts, cold-extruded parts and wind and aluminium die-cast components. Customers are automotive and industrial makers worldwide. Part of the TVS group. Headquartered in Chennai. | $11 | +9% | $2.4B | $2.5B | ||||
| QuantumScape is a developer of solid-state lithium-metal battery technology intended for electric vehicles and other energy-storage applications. The organization serves B2B customers and counterparties through the operating assets, products, or financial capabilities described in the cited transaction materials. Its principal economics are Product sales, Licensing, while its competitive position depends on sector expertise, asset quality, customer relationships, execution, and disciplined capital allocation. The business was founded in 2010 and is headquartered in San Jose. At the 2020 Series F date the company remained pre-commercial and used strategic capital to scale cell development and manufacturing preparations. The profile reflects the legal or operating business at the transaction date, including its historical identity where a subsequent listing, merger, privatization, disposal, or reorganization changed its name or ownership. | $4 | -68% | $2.4B | $1.6B | ||||
| LCI Industries Inc supplies domestically and internationally components for the original equipment manufacturers of recreational vehicles and adjacent industries including buses; and trailers used to haul boats, livestock, equipment, and other cargo. It has two reportable segments; the original equipment manufacturers segment and the aftermarket segment. The OEM Segment manufactures or distributes components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. Its products are sold to manufacturers of RVs such as Thor Industries, Forest River, Winnebago, and other RV OEMs, and to manufacturers in adjacent industries. | $97 | -15% | $2.4B | $3.3B | ||||
| Dana Inc is engaged in the designing and manufacturing of efficient propulsion and energy-management solutions that power vehicles and machines in all mobility markets across the globe. The company has four operating segments: Light Vehicles, Power Technologies, Commercial Vehicle, and Off-Highway. The Light Vehicles segment generates the majority portion of revenue by providing products to support light vehicle OEMs. Its products are designed for light trucks, SUVs, CUVs, vans, and passenger cars. | $23 | +4% | $2.3B | $3.8B | ||||
| Toyota Boshoku Corp is a manufacturer of automobile parts. The company produces seats, seat frames, door trims, floor carpets, silencers, air induction systems, air and oil filters, seat belts, seat fabrics, fender liners, and airbags for automobiles. Toyota Boshoku also produces aircraft seats and railway seats. The company generates the majority of its revenue in Japan. | $13 | -16% | $2.3B | $1.9B | ||||
| Hesai Group is engaged in the development, manufacture, and sales of three-dimensional light detection and ranging solutions, or LiDAR. Its LiDAR products enable a broad spectrum of applications across passenger or commercial vehicles with enhanced driver assistance systems, or ADAS, autonomous vehicle fleets providing passenger and freight mobility services, or Autonomous Mobility, and other applications such as last-mile delivery robots, street sweeping robots, and logistics robots in restricted areas, or Robotics. Geographically, the company operates in North America, Mainland China, Europe, and Other regions. | $2 | -24% | $2.3B | $1.5B | ||||
| Alps Alpine Co Ltd is a Japan-based company mainly engaged in businesses related to the components, sensors and communications, and modules and systems businesses. The company operates through three segments. The Component segment manufactures and sells electronic components such as switches, actuators, and haptics. The Module/System segment provides automotive modules, infotainment systems, displays, and related services. The Sensor Communication segment handles sensors and communication devices. The Others segment includes system development, office services, screws, as well as finance and leasing businesses. It generates the majority of its revenue from the Module/System business segment. | $12 | -6% | $2.3B | $2.3B | ||||
| Belrise Industries Ltd is an automotive component manufacturing company. It offers a diverse range of safety-critical systems for the mobility sector. The group serves diverse vehicle segments, including Two-Wheelers (2Ws), Three-Wheelers (3Ws), Passenger Vehicles (PVs), Commercial Vehicles (CVs), and Agri Vehicles (AVs). The product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components, and exhaust systems, among others. | $2 | +23% | $2.2B | $2.3B | ||||
 | Nokian Tyres PLC develops and manufactures rubber tires under the Nokian Tyres brand name for passenger cars, vans, trucks and heavy machinery. The company sells tires to wholesale distributors and through company-owned retail stores, which are operated under the Vianor brand name. The firm organizes itself into three segments based on product and distribution type: Passenger Car Tyres, Heavy Tyres and Vianor. The Passenger car tyres segment generates the majority of revenue. | $16 | +65% | $2.2B | $3.2B | ||||
| Xiamen Intretech Inc manufactures family entertainment control equipment, man-machine interface control equipment, computer automatic storage equipment, automotive electronics and related electronic products. Its overseas business is mainly on Original Design Manufacturing (ODM) and Original Equipment Manufacturer (OEM) business with global brand products. | $3 | +11% | $2.2B | $2.4B | ||||
| Beijing Bdstar Navigation Co Ltd operates in the satellite navigation industry. The company provides navigation and positioning products, solutions and services for users around the world. Its product line consists of fundamental products, automotive electronics, and specialized application. Bdstar's fundamental product line focuses on the development, application, and promotion of navigation positioning chips, modules, boards, antennas and MWDC components. Bdstar's automotive electronics include infotainment system, reconfigurable instrument cluster, display audio, and radios. In addition, the company also provides industry application and operational services. | $4 | -9% | $2.1B | $2B | ||||
| SPR Auto Technologies, formerly Shriram Pistons & Rings, makes pistons, piston rings, pins and engine valves. It sells to automotive, industrial and railway engine makers and the aftermarket. Headquartered in New Delhi. | $46 | +57% | $2.1B | $2.1B | ||||
| Autel Intelligent Technology Corp Ltd is an automotive electronic products manufacturer. It is engaged in production, sales and service of automotive intelligent diagnosis, detection and analysis systems and automotive electronic components. The company's products include diagnostic products, ADAS series products, Tire Pressure products, Anti-Theft products and other products. | $3 | -36% | $2.1B | $2B | ||||
| Castrol India Ltd is principally engaged in the manufacturing and marketing of automotive and industrial lubricants and related services. It sells its products under the Castrol brand. The company's reportable business segment consists of a single segment: lubricants. The majority of all revenue comes from India. | $2 | -5% | $2B | $1.9B | ||||
| Median | $24 | +1% | $5B | $6.1B | 1.4x | 10.8x |
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