Cosma International · Brampton, ON Canada
Company Description
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This link will open in a new window Cosma International may sound like something heavenly, but its products are designed to perform on terra firma. The company, a division of auto component manufacturer Magna International , is a metal-forming supplier, specializing in chassis stampings, bumper beams, and metal body panels. It makes about 45% of North America's light-truck and SUV frames. Cosma's roster of OEMs reads like a who's who of auto giants: BMW , Chrysler , Ford , Honda , Toyota , Volkswagen , and, one of its biggest metal-bashing clients, General Motors . It is also one of Chrysler's largest unsecured creditors. Diversifying its products and services to high-growth international markets, Cosma has set up manufacturing plants in China and India. To read the full description, subscribe now.
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Key Cosma International Financials
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Cosma International Executives
3 executives listed for Cosma International's Brampton, ON location.
| Title | Name & Bio | Contact |
| President | Horst Prelog | Network |
| EVP Global Engineering and R&D | Swamy Kotagiri | Network |
| Director Corporate Communications | Tracy Fuerst | Network |
Competition
Competitive Landscape for Cosma International
Demand is driven by employment and interest rates. The profitability of individual companies depends on manufacturing efficiency, product quality, and effective marketing. Large companies have economies of scale in purchasing and marketing; smaller companies can compete by focusing on specialized markets. The industry is capital-intensive: average annual revenue per employee is nearly $2 million. US-based automakers compete with numerous foreign rivals, including companies such as Toyota, Honda, and Nissan that have extensive auto assembly operations in the US. Through stateside manufacturing capacities and exports to the US, foreign carmakers collectively have about half of the US market. US auto manufacturers' financial positions have deteriorated dramatically in recent years. The "Detroit Three" (Chrysler, Ford, and GM) have suffered from import competition and high cost structures. High gas prices, few small car offerings, and near record-low consumer demand during the late 2000s recession drove Chrysler and GM into bankruptcy, where their debts were restructured. Chrysler and GM also received billions in loans from the US and Canadian governments. Ford, which has joined GM and Chrysler in various government incentive programs but has not received direct federal investment, avoided bankruptcy largely due to more than $20 billion in secured and unsecured loans it took out in 2006. To read the full description, subscribe now.Top Cosma International Competitors
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