On a global scale, the automotive supplier industry is doing extremely well. The 100 largest suppliers generated a total turnover of 1,135 billion euros in 2023. That is a new record and an increase of 6.9 percent compared to the previous year. And this is despite the fact that global car sales are still below pre-Covid levels. Japan (21.8 percent market share) and Germany (20.7 percent) dominate the supplier market. However, Chinese companies are rapidly catching up.