Top 100 Suppliers
The Next Setback for the Supplier Industry

From A. Timmer, J. Simon, G. Heitmann, J. Rüchardt, S. Flierl, L. Hunger, Ph. Pesek | Translated by AI 9 min Reading Time

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The declining vehicle production, weak sales of e-cars, and pressure on OEMs have halted the upward trend of suppliers. This is the core statement of the Top 100 supplier ranking 2024.

After three years of recovery, the global supplier industry is stumbling again in 2024. There is a glimmer of hope.(Image: sizsus - stock.adobe.com / [M] / AI-generated)
After three years of recovery, the global supplier industry is stumbling again in 2024. There is a glimmer of hope.
(Image: sizsus - stock.adobe.com / [M] / AI-generated)

For the global automotive industry, 2024 was a crisis year. At the end of the year, 69 of the world's 100 largest automotive suppliers recorded a decline in revenue. Overall, the revenue of the top 100 fell by 4.6 percent to 1.085 billion euros, ending the growth phase after Corona, which recently produced new records annually.