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Development Trend of Automotive Parts

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Development Trend of Automotive Parts

Release date:2018-11-02 Author: Click:


Aluminum alloy auto parts

The first is to speed up the entry of foreign-funded spare parts enterprises into China.

With the development of China's automotive industry, many foreign parts companies have accelerated their investment in China, such as the second factory of Bosch Chassis System, Germany, which is a world-famous supplier of parts and systems, has settled in Chengdu.

Second, new energy automotive parts will become a hot spot of investment.

   铝合金汽车铸件功能作用

  

China has listed new energy automobiles as a strategic emerging industry. Under this situation, the establishment of new energy automobiles and key parts industry bases across the country has been launched in an all-round way. In the future, domestic investment in new energy automobiles and key parts will continue to increase.

Thirdly, merger and reorganization and overseas M&A will be accelerated step by step.

The increasingly fierce price war in the whole vehicle market is also eroding the profit margin of the spare parts industry. The requirements of reducing costs and guaranteeing profits for the whole vehicle factory are becoming more and more stringent. Although the output value scale of China's auto parts industry is large, it has not played a scale effect, so the integration and reorganization of the auto parts industry is imperative. It can be predicted that China's automotive parts industry will enter the stage of accelerated integration in the next few years. On the one hand, scale effect can be achieved through horizontal and vertical integration among domestic enterprises; on the other hand, overseas M&A can optimize the allocation of production, market and other resources in the global scope and obtain advanced technology and management experience.

Fourth, the cluster development will promote the rapid growth of regional economy.

The automotive parts industry has formed six major automotive parts industry clusters in Northeast China, Central China, Beijing and Tianjin, Yangtze River Delta, Southwest China and Pearl River Delta. Industrial clustering makes division of labor more refined, more specialized, easier to achieve scale, makes information more centralized, faster, faster pace of technological innovation, easier organization of logistics, and significantly improves economic efficiency.


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Key words:QualityofAluminumAlloyAutomobileCastings,FunctionofAluminumAlloyAutomobileCastings

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