...Top-Tier Supplier: The high complexity and technological innovation of Nemak's aluminum castings provides the company with a very strong competitive position. Nemak is now the sole supplier to original equipment manufacturers (OEMs) for 90% of the products it sells and is rated at the higher end of global auto suppliers. This report compares the credit profile of Nemak to U.S.-based suppliers BorgWarner and Dana. BorgWarner is primarily known for powertrain technologies, such as turbochargers, variable valve-timing systems, transmission components, all-wheel drive systems and clutches. Dana's main products include axles, drive shafts and universal joints along with sealing and thermal-management products. Strong Competitive Position: Nemak has a strong competitive position based on scale and market position. One out of four vehicles produced globally carries a Nemak component. Dana has a strong competitive position focusing primarily on driveline systems for light, commercial and off-road...
