Domestic auto parts face opportunities and challenges

At the end of a series of auto shows and industry conventions that have recently concluded, the auto parts industry in the country is unanimously favored and the development prospects are stable and huge.

Past survey data shows that in the total sales of domestic auto parts, foreign capital controls most of the market share of auto parts, while domestic parts are mainly used in auto brands and have a low market share. In the past two years, the domestic automobile industry has entered a period of rapid growth, leading the domestic auto parts industry has also entered a broad space for development. Dong Yang, executive vice president and secretary general of the China Association of Automobile Manufacturers, stated that it is expected that by 2015 China's auto parts Industry scale output value can reach 2.5 trillion yuan.

With such a promising development prospect, it is inextricably linked with domestic brands to keep up with independent research and development. In the face of severe market conditions, independent brands have improved management, explored and innovated, strengthened basic skills, improved product competitiveness as much as possible, and opened the auto parts industry. New situation. Some leaders of self-owned brands such as SAIC, Geely and Chery have pooled their advantages in this trend, pursued technical strength, and launched a series of innovative products, which provided a good foundation for domestic industry development.

In addition to the rapid development of automobile parts manufacturing to promote the parts and components industry, the huge amount of car ownership brought by the overall economic growth in the country has also opened up a strong aftermarket for the auto parts industry. The industry is optimistic about the auto parts industry not only from the growing market itself, but also from the improvement of the technical quality of the domestic auto parts industry. Under such a premise of development, it is expected that the auto parts industry in China will continue to develop at a high speed. Also brought the competition of domestic product quality and market share.