What is the current development of auto parts? (two)

The auto parts processing (auto spare parts) is the unit that forms the whole of the auto parts processing and the products that serve the parts of the auto parts.

With the increasingly fierce competition in the auto parts processing market, the popularity of environmental protection concept and the continuous upgrading and application of technology, the international auto parts processing industry has shown the following development characteristics in recent years.

The trend of supporting and modularized supply of auto parts processing system is in the ascendant

Globalization of processing and purchasing of auto parts

Speed of auto parts processing industry is speeded up

Domestic parts mainly for the independent brand car market share is low, according to the Ministry of Commerce, the vast majority of foreign control of the auto parts market share, domestic parts sales revenue accounted for only 20%-25% of the entire industry, have foreign background auto parts manufacturers accounted for more than 75% of the entire industry, these suppliers in foreign owned enterprises accounted for 55%. Sino foreign joint ventures, accounting for 45%, the local component is mainly applied to the independent brand car market share is low. In the field of automotive electronics and engine parts and other high-tech content, foreign market share is as high as 90%, among them, fuel injection systems, engine management systems, ABS and airbags, automatic transmission and other core components of automobile production, the proportion of foreign-funded enterprises were 100%, 100%, 69% and 91%.

It is becoming a trend of globalization that auto parts manufacturing enterprises break away from the whole vehicle enterprises and form specialized parts and components group. The international famous automobile and spare parts enterprises have almost established a joint venture or sole proprietorship in China, and more than 1000 technical joint ventures have been introduced. A batch of automobile and spare parts enterprises with high scientific and technological content, good benefit and large scale have been gradually growing up in China. As the international automotive industry begins to implement the strategy of "global sourcing" and the localization strategy of international multinational automobile enterprises, there will be a huge gap of spare parts in the domestic market. By 2010, the domestic output value of auto parts will reach about 700 billion yuan.

In a certain period, although the global economy is declining, according to the actual procurement practice in recent four to five years, the results of Chinese procurement are not as optimistic as those predicted by a large number of companies. Almost 80% of the companies fail to achieve their goals of purchasing quantity and purchasing cost. With the decline of RMB and the decrease of export rebate rate, China's procurement is facing more pressure. International buyers have shifted their vision to Vietnam, India, Thailand, Australia and other countries and regions. From the above, China's auto parts industry will continue to increase under the current financial crisis.