XMTR XOMETRY INC

Nearly 85% Of Auto Executives Will Rely More Heavily On American Suppliers In 2025

Nearly 85% Of Auto Executives Will Rely More Heavily On American Suppliers In 2025

  • The “2025 Automotive Industry Forecast” From Thomas Also Finds That 41% Expect To Reshore At Least A Portion Of Their Supply Chain Operations
  • Developments In Electric Battery Production And Alternative Fuel Sources Top The List Of Innovations Auto Executives Are Seeking This Year
  • Nearly A Third Of Suppliers Expect To Adopt AI To Accelerate Product Development And Achieve Greater Supply Chain Efficiencies
  • The Thomasnet Industrial Sourcing Platform Connects Buyers, Procurement Professionals To 500,000 Manufacturers Across 80,000 Industrial Categories Throughout North America

NORTH BETHESDA, Md., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Nearly 85% of automotive executives plan to rely more heavily on their North American suppliers in 2025 in a move to further strengthen their supply chains, according to the second-annual “Driving Progress: The 2025 Automotive Manufacturing Survey.”

The survey of U.S. automotive executives by Thomas, a leader in product sourcing, supplier selection, and marketing solutions for industry, also finds that 41% plan to reshore some operations.

The survey finds that executives are investing almost equally in hybrid (37%), electric (28%) and traditional combustible engine (30%) technologies, and are embracing enhanced manufacturing techniques such as 3D printing and robotics to drive innovation across the board. The survey also finds that developments in EV battery production (41%) and alternative fuel sources (37%) top the list of innovations auto executives are seeking to drive widespread industry innovation. AI also looms large, with nearly a third (30%) saying the emerging technology will help them accelerate product development and achieve greater efficiencies across their supply chains.

“Auto industry executives throughout the U.S. are relying on suppliers closer to home while also reshoring some of their operations to accelerate their go-to-market strategies,” said Peter Goguen, Chief Operating Officer of Thomas and its parent company, Xometry. “They’re investing in AI, 3D printing and robotics to help them further evolve the full spectrum of vehicle technologies – from electric and hybrid to traditional combustion-engine and autonomous vehicles.”

Xometry’s Thomas brand is a leader in product sourcing, supplier selection, and marketing solutions for industry and can help companies achieve their onshoring objectives. The Thomasnet® industrial sourcing platform enables buyers and procurement professionals to connect with more than 500,000 North American manufacturers across 80,000 industrial categories to grow their businesses.

Click for a copy of the “Driving Progress: 2025 Automotive Manufacturing Survey.”

About Xometry

(NASDAQ:XMTR) , popular ® industrial sourcing platform and suite of cloud-based services are rapidly digitizing the manufacturing industry. Xometry provides manufacturers the critical resources they need to grow their business and makes it easy for buyers to create locally resilient supply chains. The Xometry Instant Quoting Engine® leverages millions of pieces of data to analyze complex parts in real-time, matches buyers with the right suppliers globally, and provides accurate pricing and lead times. Learn more at or follow @xometry.

Contacts

Media:

Matthew Hutchison

Investors:

Shawn Milne

240-335-8132



EN
06/02/2025

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on XOMETRY INC

 PRESS RELEASE

Thomas Announces Partnership with Maryland MEP to Support Smarter, Mor...

Thomas Announces Partnership with Maryland MEP to Support Smarter, More Resilient Manufacturing By combining Thomas’s sourcing technology and marketing tools with Maryland MEP’s reach, the partnership aims to fortify the Maryland supply chain and position local manufacturers for growth NORTH BETHESDA, Md., Feb. 26, 2026 (GLOBE NEWSWIRE) -- , a leading digital platform connecting industrial buyers with more than 500,000 suppliers, announced a strategic partnership with to accelerate the growth and digital maturity of manufacturers across the state. This collaboration is designed to prov...

 PRESS RELEASE

Xometry Reports Record Fourth Quarter and Strong Full Year 2025 Result...

Xometry Reports Record Fourth Quarter and Strong Full Year 2025 Results Q4 revenue increased 30% year-over-year to a record $192 million, driven by robust marketplace growth.Q4 marketplace revenue growth accelerated to 33% year-over-year, driven by strong enterprise growth and expanded networks of buyers and suppliers.Q4 gross profit increased 27% year-over-year to a record $75.2 million, driven by strong marketplace growth and marketplace gross margin expansion.Q4 Adjusted EBITDA improved $7.3 million year-over-year to Adjusted EBITDA of $8.4 million, driven by expanding marketplace gross ...

 PRESS RELEASE

Xometry Announces CEO Succession Plan

Xometry Announces CEO Succession Plan Sanjeev Singh Sahni to Succeed Randy Altschuler as CEO; Altschuler to Become Executive Chair NORTH BETHESDA, Md., Feb. 24, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: XMTR), the global AI-native marketplace connecting buyers and suppliers of custom manufacturing, announced that effective July 1, 2026, Co-founder and Chief Executive Officer, Randy Altschuler, will transition to become the Executive Chair of the Board. Sanjeev Singh Sahni, Xometry’s current President, will succeed Altschuler as Chief Executive Officer and join the Board of Directors. “I co-foun...

 PRESS RELEASE

Xometry to Announce Fourth Quarter and Full Year 2025 Financial Result...

Xometry to Announce Fourth Quarter and Full Year 2025 Financial Results on February 24, 2026 NORTH BETHESDA, Md., Feb. 10, 2026 (GLOBE NEWSWIRE) -- (NASDAQ: XMTR), the global AI-powered marketplace connecting buyers and suppliers of custom manufacturing, today announced it will report its fourth quarter and full year 2025 financial results before the market opens on February 24, 2026. Xometry will host its conference call and webcast to discuss the results at 8:30 a.m. ET (5:30 a.m. PT) on the same day. In addition to its press release announcing its fourth quarter and full year 2025 fi...

 PRESS RELEASE

Aerospace & Defense Leaders Prioritize AI-Enabled Sourcing to Strength...

Aerospace & Defense Leaders Prioritize AI-Enabled Sourcing to Strengthen Domestic Supply Chains and Support Program Growth Survey data from Xometry shows A&D organizations are investing in AI-driven solutions, additive manufacturing and workforce upskilling to accelerate programs in 2026 NORTH BETHESDA, Md., Feb. 03, 2026 (GLOBE NEWSWIRE) -- As aerospace and defense (A&D) programs accelerate and production demands increase, organizations across the defense industrial base are preparing for a period of rapid growth. To prepare, A&D leaders are investing in new capabilities to support spe...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch