The CIE Autometal group in Brazil has been highlighted in the traditional economic magazine of great local circulation Valor 1000, of the Valor publishing group, as one of the main companies in the automotive sector in the country.
With a large local circulation, it is an annual supplement that recognizes the main companies in the country based on the performance of the previous year - in this case it refers to the activity of 2019.
The companies that make up the ranking are distributed by sector and are analyzed through various indicators, including profitability, margin, liquidity or growth, among others. CIE Autometal is included in the group of vehicles and spare parts, and this year it appears in position number 4 in the general classification of the sector, behind Baterias Moura, Facchini and Nakata. It should also be noted that CIE Autometal ranks 503rd out of the 1,000 largest companies in Brazil.
This good news joins the publication at the end of June of the Automotive News magazine ranking of the Top Suppliers in the industry. In this list also referring to 2019, CIE Automotive is ranked 59th worldwide, which represents an improvement of 7 positions compared to the same ranking the previous year. At the European level, the company remains in position 41, the same position as the previous year, while in North America an improvement of 3 positions is obtained to position 67.
This classification, prepared by the leading source of news about the global automotive industry based in Michigan, ranks the players based on their annual turnover.