What companies make car parts?

Top 10 Auto Parts Manufacturers in the US

• Dana Inc.
• Lear.
• Tenneco.
• BorgWarner.
• Visteon.
• American Axle & Manufacturing.
• Goodyear Tire and Rubber Company.
• Cooper Tire & Rubber Company.

What is a Tier 3 supplier?

Tier 3 suppliers or partners are one step further removed from a final product and typically work in raw materials. Once again, following our apparel company example: The Tier 3 supplier here is the farm that sells cotton to the fabric mill.

Is PartsGeek a reliable website?

PartsGeek has a consumer rating of 1.28 stars from 872 reviews indicating that most customers are generally dissatisfied with their purchases. Consumers complaining about PartsGeek most frequently mention customer service, return shipping and credit card problems. PartsGeek ranks 438th among Auto Parts sites.

What is the margin in spare parts?

Average dealer margin of a automobile dealer in India is 4-5% on vehicles cost & 15-20% on spare parts cost. Internationally, the margins are nearly 7-8% on vehicle cost & 30-40% on spare parts cost.

Who are the major manufacturers of auto parts?

Visteon supplies auto parts to some of the recognized brands in the automobile industry such as Ford, Renault/Nissan, PSA, JLR, VW, Mazda, BMW, GM, Honda, Daimler, and others. BorgWarner Inc. is a prominent supplier of components and auto parts in the global automotive industry.

What are auto parts?

Auto parts refer to all the components used in automobile vehicles, which mainly includes products for Driveline & Powertrain, Interiors & Exteriors, Electronics, Bodies & Chassis, Seating, Lighting, Wheel & Tires, etc.

Which segment is the largest in the auto parts market?

OEM currently remains as the largest auto parts segment, accounting for more than 67% of the market share, while the aftermarket segment is showing a faster growth rate over the years, mainly driven by the rising automotive ownership around the world.

Why is the global auto parts industry important to the industry?

The global auto parts industry plays an essential role in supporting and facilitating the growth of the global automotive sector, while the top 10 auto parts manufacturers in the US and around the world have been dominating the market and remained as some of the largest contributors for the industry revenue.