European auto supply chains are being redrawn in real time as Brussels weighs caps on Chinese hybrid imports, fresh tariffs, and a tougher line on trade. That shift may create a window where onshore producers hold more pricing power, while others face new hurdles. If you care about where the next winners and laggards might emerge, this piece breaks down three EU onshoring-exposed stocks to watch right now.
The three stocks below are a sample pulled from a wider screen, and the same filters surfaced 8 more European manufacturers with onshoring links and equally compelling backstories that are not covered here.
If you want to identify which onshoring candidates fit your own risk and return goals, head straight into the EU Onshoring of Auto Manufacturing and Supply Chains screener to filter the full list, analyze the financials and focus on the highest conviction ideas.
Continental (XTRA:CON)
Continental sits right in the crosshairs of the EU onshoring theme, supplying tires and vehicle systems into European production lines that policy makers are keen to keep on home soil. The most interesting part of the story sits in its higher tech pipeline.
"Continental is exceptionally well-positioned to capitalize on the secular shift toward automation and electrification: with the autonomous mobility division securing a €1.2 billion radar contract and achieving order intake growth of over €1.5 billion year-on-year, the ramp in advanced driver assistance and EV component revenue will structurally lift the group's top line and shift earnings toward higher-margin technology categories."
What really matters from here is how one pressure point quietly reshapes the balance between that high tech upside and the rest of Continental's business.
Continental is a Hanover based auto supplier built around tires and vehicle related rubber products. The Tires unit brings in about €13.6b of revenue and ContiTech adds another €5.2b, and the group carries a roughly €13.8b market value that keeps it firmly in large cap territory for this EU focused screen.
That shifting balance is exactly what the full narrative for Continental unpacks, revealing where Continental’s tech pipeline could be accelerating while older lines quietly decouple.
VBG Group (OM:VBG B)
VBG Group gives you direct exposure to EU based commercial vehicle and trailer hardware, anchored in Sweden and Germany but supplying fleets worldwide as manufacturers lean into more regional production footprints across the bloc.
VBG Group develops industrial components for trucks, trailers and power transmission, with Mobile Thermal Solutions generating about SEK 2.8 billion, Truck & Trailer Equipment around SEK 1.6 billion and Ringfeder Power Transmission roughly SEK 1.1 billion of revenue. The business carries a roughly SEK 7.6 billion market value.
"VBG Group plans to invest about SEK 200 million in a new production facility in Dobrany, Czech Republic, to consolidate Ringfeder Power Transmission’s current production operations. The new Dobrany facility is planned to be completed in the second quarter of 2027, with full production capacity targeted from the third quarter of 2027."
What happens to VBG Group’s margins and pricing power depends on how one quiet shift in its European manufacturing footprint plays out.
That hinge point is exactly what the full narrative for VBG Group breaks open, showing where EU onshoring could accelerate returns while quieter risks reshape VBG Group’s next chapter.
NORMA Group (XTRA:NOEJ)
NORMA Group supplies engineered clamps, connectors and fluid systems that are built into European auto platforms. Any policy shift that nudges production back onshore can feed directly into its order book, especially across its large EMEA business.
NORMA Group generates about €455 million of revenue from Europe, Middle East and Africa and around €261 million from the Americas, with Asia-Pacific contributing roughly €127 million. The stock carries a market value of about €491 million.
For investors tracking EU onshoring, NORMA Group ties that theme to a broader reshaping of where its future cash flows come from.
"Realignment of the business towards higher-growth, higher-margin Industry Applications and the electrified vehicle segment, plus divestment of the Water Management unit, reduces exposure to cyclical automotive volumes and shifts revenue streams toward sectors benefiting from increasing urbanization and the global push for infrastructure spending. This likely supports more stable and recurring revenues and margin uplift."
The question for investors is what happens if one planned shift in how NORMA Group funds and executes this overhaul does not play out exactly as management expects.
If that shift in funding and execution is on your mind, the full narrative for NORMA Group maps how NORMA Group’s overhaul could accelerate value or quietly stall progress.
Seeking Alternatives Beyond Auto Onshoring?
Fresh stock ideas move fast, and the best breakout stories rarely stay under the radar for long. Scan curated shortlists before momentum gets fully priced in and act now.
- Spot cash generating compounders with strong balance sheets by running the list of solid balance sheet and fundamentals (201 results) while these quieter performers are still flying below most investors’ screens.
- Target future facing AI infrastructure plays by scanning the 85 AI infrastructure stocks before demand pressure and capital flows potentially re-rate these essential backbone providers.
- Hunt for powerful income opportunities using the 160 dividend fortresses while yields stay elevated and share prices have not yet fully caught rising payout momentum.
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.
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