The integration of auto parts industry will accelerate the technical level will increase

The “2010 Most Competitive Auto Parts Suppliers Top 100 Awards” event organizer Gasgoo.com stated that after investigating and communicating with over 3,000 procurement and technical experts from more than 500 Chinese and foreign host manufacturers and large parts and components groups, it was found that For the entire vehicle, the technological level of China's auto parts is closer to or reaches the international advanced level. In the next five years, the integration of auto parts will gradually accelerate.

Yang Li, president of Gasgoo.com, said that compared with multinational vehicle companies, MNCs for parts and components have invested more in R&D in China. They have set up more than 100 technical centers, set up R&D teams specifically in the Chinese market, cultivate technical talents, and carry out technological development based on the needs of vehicle companies. In particular, auto parts companies in Europe and America, such as Federal-Mogul in the United States and George Fischer in Europe, have provided strong support for the rapid growth of Chinese domestic auto companies, and have also made the technology of Chinese auto parts industry the world leader. Level. In the past five years, driven by factors such as the rapid development of China's self-owned brand vehicles, global procurement in the international market, and increasing localization of international brands in China, the overall development speed of China's local auto parts companies has exceeded that of multinational companies in China. And there will be greater opportunities for development in the next five years.

Gasgoo.com pointed out that in the next five years, the speed of integration in the auto parts sector will gradually accelerate, and the enhancement of sustainable competitiveness is the basis for the survival and development of parts and components companies. With the gradual stabilization of the automobile industry's production and sales growth in the next few years and the continuous integration between automobile groups, the competition among parts and components companies will become increasingly fierce. 80% of procurement executives believe that in the past five years, the procurement of spare parts has become more and more transparent, and the situation of maintaining market position by relying on various factors has become less and less. Multinational corporations and local corporations will move from the two ends of the original competitive advantage to the intersection, that is, local corporations will strive to improve their technological level and quality management level while maintaining their cost advantage. Multinational corporations need to maintain their advantages in technology and quality management. Next, effectively reduce costs.