Auto spare parts fabrication (auto spare parts) is the unit that constitutes the whole of auto parts fabrication and the products that serve the fabrication of auto parts.
With the increasingly fierce competition in the auto parts fabrication market, the popularization of environmental protection concepts, and the continuous upgrading and application of technology, the international auto parts fabrication parts industry has shown the following development characteristics in recent years:
- ①Auto parts fabrication system supporting and modular supply trend is in the ascendant
- ②Globalization of auto parts fabrication and procurement
- ③The speed of transfer of auto parts fabrication industry is accelerated
Domestic parts and components are mainly used in self-owned brand cars, and the market share is low. According to the data of the Ministry of Commerce, foreign capital controls most of the market share of auto parts, and the sales revenue of china parts only accounts for 20%-25% of the whole industry. Foreign-funded auto parts manufacturers account for more than 75% of the entire industry. Among these foreign-funded suppliers, wholly-owned enterprises account for 55% and Sino-foreign joint ventures account for 45%. Local parts and components are mainly used in self-owned brand vehicles, with a low market share. In the fields of high-tech content such as automotive electronics and engine parts, the market share of foreign capital is as high as 90%. Among them, the output of core parts such as electronic fuel injection systems, engine management systems, ABS, airbags, and automatic transmissions of automobiles is dominated by foreign-funded enterprises. The proportions are 100%, 100% and 91%, 69% respectively.
It is becoming a trend of globalization for auto parts manufacturers to separate from vehicle enterprises and form specialized parts groups. Almost all of the world-renowned automobile and parts companies have established joint ventures or wholly-owned enterprises in China, and more than 1,000 joint ventures have introduced technology. A number of china auto and parts companies with high technology content, good benefits and large scale have gradually grown up. As the international auto industry begins to implement the “global procurement” strategy of parts and components and the international multinational auto companies implement the localization strategy, there will be a huge gap in the china market for parts and accessories. By 2010, the china output value of China’s auto parts will reach about 700 billion yuan.
In a certain period of time, although the global economy has declined as a whole, according to the actual procurement practice in the past four to five years, the results of China’s procurement are not as optimistic as predicted by a large number of companies, and almost 80% of the companies have not achieved their procurement volume and procurement decline. cost target. With the appreciation of the renminbi and the decline in the export tax rebate rate, China’s procurement is facing greater pressure, and international buyers have turned their attention to Vietnam, India, Thailand, Australia and other countries and regions at the same time. From the above point of view, China’s auto parts industry will continue to accelerate growth under the current financial crisis.
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