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China's Auto Parts Enterprises Also Usher In The Outbreak Period

- Jun 28, 2017-

With the rapid development of the automotive market, China's auto industry has become the world's largest car cake. In the cake bigger and bigger at the same time, China's auto parts enterprises also usher in the outbreak period.

 

According to IPSOS Consulting recently released forecast, China's auto parts manufacturing industry is expected in the next five years to achieve annual growth of more than 20%. In the new car demand to continue to promote passenger car sales at the same time, the aftermarket will become a new industry growth engine industry.

 

The automotive industry is facing challenges

 

Recently, the China Machinery Industry Federation, deputy director of Xiao Yaping in the "13th China Automotive Industry Development Summit and 2015 China Automotive and Parts Market Analysis and Forecast" conference, said the current auto industry is facing enormous technological change and Industrial reform, the challenges facing the development of China's auto industry, but also forced the car and its parts and components business development strategy, development and adjustment to make changes.

 

According to industry forecasts, China's passenger car 2013-2018 annual compound annual growth rate will reach 7%, new car sales to 2018 will reach 25 million. In the domestic car ownership in 2002 - 2013, 0-3 years of age passenger cars reached 56.9 million, of which about 90% of vehicles in the warranty period.

 

Industry experts generally believe that from the current point of view, although China's auto parts market has great potential, but the local parts and components enterprises are facing the risk of marginalization. At present, the vast majority of the core suppliers of automobile enterprises are foreign joint ventures or wholly-owned parts enterprises, and the way of Chinese enterprises is becoming a serious problem.

 

In this regard, Xiao Yaping told reporters that the thirteenth session of the China Automotive Industry Development Summit also targeted macroeconomic factors, energy efficiency, environmental protection, safety, traffic and other external factors, automotive and related industry policies and regulations influencing factors, manufacturers and suppliers The focus of the market and the focus of competition and other aspects of in-depth analysis, the use of qualitative and quantitative methods of combining forward-looking forecast of the future development trend of the industry, 2015 and future development trend of parts and product technology trends.

 

"In the first nine months of this year, China's automobile production and sales both broke 17 million.There is no doubt that although the decline in growth, but China is still a big car to promote China's auto industry transformation and upgrading, the real change from a big change, We have a long-term strategic goal.This goal is not only the Chinese dream of many units constitute the future embodiment of the dream is the reality of the practice. "Xiao Yaping said.

 

Local enterprises to enhance the difficult

 

It is noteworthy that China's auto parts enterprises in recent years have accelerated the pace of overseas investment. Some auto parts companies are no longer just satisfied with the export of parts, but in the United States and other countries and regions or direct acquisition of local companies, hoping to become a global supplier of auto parts.

 

It is understood that, in order to follow the development of new energy vehicles, car networking technology, many traditional parts and components enterprises with capital power to enter these new areas. China's parts and components enterprises are also involved, mergers and acquisitions involving areas such as stamping parts, exhaust pipe fittings, cable products, cast iron cylinder parts, airbags, seat belts and steering wheel, car shock, fuel tanks and so on.

 

According to the status quo of industrial development, the State Information Center Information Resources Development Office Director Xu Changming that the domestic parts and components enterprises small, weak, lack of research and development capabilities, in this context, the parts industry if you want to develop rapidly, Scale effect.

 

However, most local manufacturers in the short term to improve their competitiveness will be reluctant to. According to the survey provided by the World Automotive Network, only 26% of respondents believe that local parts manufacturers in the next five years will be upstream of the value chain, 20% that at least five years, and 54% that the recent will not There is a change. Many small-scale local parts manufacturing enterprises will focus on increasingly competitive after-sales market, cheap parts exports will remain strong momentum.

 

It is reported that from the second half of this year, auto anti-monopoly centralized regulation of the car "zero ratio" problem, although the policy level can contain the transnational companies from the parts market to grab high profits, but can not change the domestic parts industry, The situation.

 

Insiders said that the relevant departments should further encourage and promote the existing joint venture and independent brand automobile enterprises to cultivate the behavior of local suppliers. At present, there are a number of joint ventures to form a good mechanism to cultivate local suppliers, it is worth encouraging self-brand cars should pay special attention to and establish this good mechanism, which for learning advanced foreign technology to enhance the level of China's parts and components business, , To develop the international market has important value.


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