Provided is a method of manufacturing a crystalline aluminum-iron-silicon alloy, and optionally an automotive component comprising the same, comprising forming a composite ingot including a plurality of crystalline phases by melting aluminum, iron, and silicon raw materials in an inert environment to form a substantially homogenous melt, subsequently solidifying the melt, and annealing the ingot under vacuum by heating at a temperature in the range of 850° C. to 1000° C. yield an annealed crystalline ingot wherein the predominant crystalline phase is FCC Al3Fe2Si. The raw materials can further include one or more additives such as zinc, zirconium, tin, and chromium. Melting can occur above the FCC Al3Fe2Si crystalline phase melting point, or at a temperature of about 1100° C. to about 1400° C. Annealing can occur under vacuum conditions.