The automotive sector is very important in Bavaria. Some 500,000 people are employed in the State by the automobile manufacturing or supply industry. BMW and Audi are two car brands associated with Bavaria. But, there are also well-known automotive suppliers between the Main, Danube and Isar rivers. In this article, we present the five largest automotive suppliers in Bavaria here; many more can be found in our list of the 200 largest automotive suppliers in Germany.
- Exclusive overview of the most important automotive suppliers in Germany
- Ideally suited for lead generation and investor identification in the German automotive industry
- Available via download as Excel list
- Contact details included: Address, e-mail address, telephone number, name of the management
- Detailed investment focus and size ranking included
1st place: Schaeffler AG, Herzogenaurach, EUR 14.4 billion in sales (2019)
The Schaeffler Group in Herzogenaurach is Bavaria’s largest automotive supplier and is predominantly owned by the Schaeffler family. Schaeffler is also the largest shareholder of the tire manufacturer Continental. Schaeffler AG and Continental AG have been sister companies in a joint group of companies since 2015. Under the brands INA, FAG and LuK, Schaeffler produces various components for automobile manufacturers, machine builders and the aerospace industry. INA stands for Industrie-Nadellager (industrial needle roller bearings), FAG stands for the formerly independent company FAG Kugelfischer (one of the world’s largest ball bearing manufacturers), and LuK stands for Lamellen- und Kupplungsbau (plate and clutch manufacturing). The Schaeffler Group employs approximately 92,000 people worldwide and has approximately 170 locations in more than 50 countries.
2nd place: Infineon Technologies AG, Neubiberg, Germany, EUR 8.0 billion turnover (Sept. 2019)
Infineon Technologies was created in 1999 by spinning off Siemens’ semiconductor business. The company, which is based in Neubiberg in the Landkreis München, is not a pure automotive supplier. However, semiconductor and system solutions for the automotive industry form an important part of its business. There are four divisions: Automotive, Digital Security Solutions, Industrial Power Control and Power Management & Multimarket. In the Automotive division, Infineon Technologies manufactures semiconductor products for engine and transmission control, steering, damping and air conditioning as well as for safety systems in vehicles (ABS, airbags). The Automotive segment accounts for about 45 percent of Infineon’s revenues. In 2019, the company had over 41,000 employees.
3rd place: Brose Fahrzeugteile SE & Co. KG, Coburg, EUR 6.3 billion turnover (2019)
Brose is one of the automotive suppliers that is still exclusively family-owned and describes itself as the fourth largest “family-owned” automotive supplier worldwide. The company was originally founded in Berlin in 1908 as a trading company for automotive accessories. Brose Fahrzeugteile produces components for vehicle bodies, doors and seats and supplies approximately 80 car manufacturers and 40 other automotive suppliers worldwide. Long focused on Coburg, a consistent internationalization strategy has only been pursued since the 1980s. After the turn of the millennium, Brose began its worldwide expansion. Today, the company develops and produces with approx. 26,000 employees at 63 locations in 23 countries.
4th place: Fritz Dräxlmaier GmbH & Co. KG, Vilsbiburg, EUR 4.9 billion turnover (2019)
A success story that began in the years of the economic miracle – that’s Fritz Dräxlmaier GmbH & Co. KG in Vilsbiburg in the Lower Bavarian district of Landshut. Founded in 1958, the company has developed into a global automotive supplier with more than 60 locations in over 20 countries (as of 2019) and some 70,000 employees. The family-owned company focuses on supplying premium vehicles and produces wiring systems, electronics and electronic parts, vehicle interiors (instrument panels, centre consoles and door trim), as well as storage systems. Dräxlmaier products can be found in premium brands such as Cadillac, Jaguar, Lamborghini and Maserati, and Tesla.
5th place: Leoni AG, Nuremberg, EUR 4.8 billion turnover (2019)
Lyonese goods are an old name for products made of wire mesh. In Germany, Nuremberg has been a centre of Leonese production since the 16th century. The companies located here merged in 1917 to form Leonische Werke Roth-Nürnberg AG. This later became the present Leoni AG. Leoni is a leading German producer of wires, cables and wiring systems – primarily for the automotive industry. The company operates worldwide and employs around 92,000 people at more than 100 locations in 32 countries. Its business activities are organised in two divisions: the Wire & Cable Solutions division (wire and cable solutions) and the Wiring Systems division (wiring systems).
Picture source: Zan
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Originally posted on May 6, 2020 @ 1:52 pm