Trade friction between the U.S. and Canada is reshaping how auto parts move across the border, and that can mean sharp winners and losers among domestic components suppliers. With tariffs climbing and supply chains under pressure, investors who understand which stocks are more exposed to this news may find timely openings or risks to avoid. This article walks through three U.S.-listed auto parts stocks that appear particularly exposed to the latest trade headlines.

The stocks in this article are just a starting sample. The full screen surfaced 12 more U.S.-listed auto parts and components companies with equally detailed stories that are not covered below. To identify and analyze the highest conviction domestic components plays right now, head straight to the U.S.-Listed Domestic Auto Parts and Components Suppliers screener.

Autoliv (ALV)

Autoliv is a major global Tier 1 auto parts supplier focused on passive safety systems such as airbags, steering wheels and seatbelts. Automakers need these in every vehicle, making Autoliv a natural fit for a screener aimed at U.S.-listed domestic components exposure. The company generates about US$11.1b in revenue from its airbag, steering wheel and seatbelt products and has a market cap of roughly US$9.0b, giving it meaningful scale in a segment that remains essential even as trade costs rise.

Autoliv provides exposure to critical safety components that automakers must keep buying, even as tariffs push them to rethink where they source parts. The company combines this steady role with sizeable revenue, a high return on equity and an active dividend and buyback program, which together indicate a disciplined approach to capital use. At the same time, high debt, recent pressure on earnings and a complex tariff backdrop mean the story involves meaningful risks. For investors tracking how North American supply chains adjust to higher cross-border costs, Autoliv is a stock that warrants closer examination as the market responds to those shifting factors.

Autoliv’s mix of essential safety products, high return on equity and active capital returns could tell a very different story once you see how its risks and rewards stack up side by side in the 3 key rewards and 3 important warning signs

Magna International (TSX:MG)

Magna International is one of the largest global auto suppliers in this screener, giving you broad auto parts exposure even though its headquarters and primary listing are in Canada rather than the U.S. The company supplies everything from body structures and seating to powertrain and complete vehicle assembly, with Body Exteriors & Structures contributing about US$16.9b of revenue and Power & Vision adding roughly US$15.7b. Seating Systems brings in about US$5.9b and Complete Vehicles about US$4.7b, supporting a diversified footprint across the value chain, and the stock has a market cap of roughly CA$24.9b.

Investors looking at U.S. and Canada centered auto parts exposure may find Magna International interesting because it links traditional components to newer areas like ADAS and EV systems, while also running complete vehicle programs. Recent updates point to margin expansion, stronger free cash flow and active buybacks. Together, these factors can change how a 3% dividend and a large, diversified contract book feel in a portfolio. The flip side is that earnings have been volatile, tariff exposure across Canada, Mexico and the U.S. is material, and one large recent loss clouds the headline numbers. If you want to understand whether this is a solid anchor for domestic components exposure or a stock where trade and execution risks deserve more caution, the details matter more than the headlines.

Magna International’s margin rebuild, focus on free cash flow and 3% dividend paint a stronger picture than recent earnings volatility suggests. Get the full story in the analysis report for Magna International

BorgWarner (BWA)

BorgWarner is a Tier 1 auto supplier that fits this domestic components theme through its broad mix of combustion, hybrid and EV parts that automakers rely on as they reassess sourcing under higher U.S. and Canadian tariffs. The core of its business is split between Turbos & Thermal Technologies at about US$5.7b of revenue and Drivetrain & Morse Systems at roughly US$5.7b, with PowerDrive Systems adding around US$2.5b and Battery Energy Systems about US$500m. With a market cap near US$13.1b, BorgWarner provides scale exposure to both legacy powertrain hardware and newer electrified systems as supply chains tilt toward more North American content.

For investors focused on U.S. listed auto parts stocks that could gain as manufacturers lean more on domestic suppliers, BorgWarner offers a mix of combustion powertrain cash flows and electrified propulsion programs. Recent wins in inverters and integrated drive modules, margin progress and ongoing debt refinancing reflect a business that is working to improve earnings quality while maintaining relevance as vehicles electrify. The flip side is exposure to tariffs and material costs, insider selling and a valuation that already incorporates significant optimism. Investors evaluating the balance between potential nearshoring benefits and these risks may find BorgWarner worth monitoring on a watchlist.

BorgWarner’s mix of combustion cash flows and electrified programs can look very different once you see how recent contract wins, margins and debt moves all line up in the analysis report for BorgWarner

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.