US Auto Manufacturing Stocks With Real Onshoring Backlog Growth

Volkswagen’s push to build Audi SUVs in Georgia and expand its Scout Motors plant in South Carolina turns tariff headlines into something more concrete for investors. Real factories. Real capacity. Real policy negotiations. US-focused production could reshape how markets view several established auto and parts companies involved in this buildout. This article spotlights three stocks connected to that news and explains why their evolving US footprint might matter for your portfolio decisions.

The three stocks highlighted below are just a sample, and the full screen surfaced 67 more companies with equally detailed US onshoring stories that are not covered here. To identify and analyze the highest-conviction ideas tied to this shift in auto manufacturing, head straight into the US Onshoring of Auto Manufacturing screener.

Dana (DAN)

Overview: Dana supplies axles, driveshafts and energy management systems for light and commercial on-highway vehicles, linking directly into U.S. auto manufacturing and drivetrain localization themes.

Operations: Dana generates about US$5.4b from Light Vehicle and US$2.4b from Commercial Vehicle segments, partly offset by US$183 million of inter-segment eliminations.

Market Cap: US$2.9b

Dana matters for this onshoring screen because it sells the drivetrain and energy systems global automakers need when they commit real capital to U.S. assembly lines.

"Dana has a 3 year net new sales backlog of about US$950 million and has secured a RAM Dakota axle program worth US$250 million of annual sales. However, the bulk of this volume is scheduled to ramp closer to 2028 and 2029, so any delay in program launches or customer schedules could slow the expected contribution to revenue and EBITDA."

Any change in a single timing assumption around that future volume could heavily influence how investors think about Dana’s eventual margin story.

Those shifting expectations are exactly why reading the full narrative for Dana can help you see how Dana’s backlog, pricing power and capital needs might be decoupling from the headline story.

Mobileye Global (MBLY)

Overview: Mobileye Global supplies advanced driver assistance and autonomous driving systems that automakers integrate into vehicles, including those produced in expanding U.S. plants.

Operations: Mobileye Global generates about US$2.0b in annual revenue, with US$1.98b from its core Mobileye segment and US$39 million from Other, spread across customers in the USA, China and Europe.

Market Cap: US$5.6b

Mobileye Global matters in this onshoring screen because more vehicles built in the U.S. that ship with ADAS hardware and software installed can directly influence its volume and content per vehicle story.

"Rising ADAS fitment at automakers in Western markets and early stage adoption in countries like India, combined with secured Surround ADAS programs that carry higher average selling prices, indicate a potential future mix shift that could affect overall revenue and earnings as these contracts phase in from around 2028."

The real swing factor is how one subtle shift in automaker buying decisions ends up shaping Mobileye Global’s pricing power and margin profile.

That pricing power question is where the story really gets interesting, and the full narrative for Mobileye Global digs into how Mobileye Global’s contracts could accelerate or stall that margin path.

Adient (ADNT)

Overview: Adient designs and manufactures complete seating systems and components for global automakers, tightly linked to US vehicle assembly and interior localization.

Operations: Adient generates about US$7.2b in the Americas, US$4.8b in EMEA and US$3.1b in Asia, partly offset by eliminations.

Market Cap: US$1.3b

Adient plugs directly into the US onshoring theme because every new North American assembly line needs more locally sourced seats, foam and mechanisms.

"Americas onshoring wins, including incremental volumes on Chevrolet Equinox and Volkswagen programs, along with an estimated US$400 million backlog for FY27 and US$630 million for FY28, combined with the added Romulus foam plant, are factors that contribute to the company’s outlook for future revenue and regional earnings as higher margin vertically integrated components scale."

What ultimately matters for Adient is how one unseen cost and pricing pressure shapes the payoff from all that booked onshoring volume.

To see whether that cost pressure masks a much stronger long term earnings story, read the full narrative for Adient and see how Adient’s onshoring thesis really stacks up.

Seeking Fresh Alternatives Before They Fly

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