Development of auto parts industry

As the basis of the automobile industry, auto parts are the necessary factors to support the sustainable and healthy development of the automobile industry. In particular, the current auto industry is developing and innovating in full swing and in full swing, and it needs a strong component system as a support. The independent brand and technology innovation needs parts based on a powerful impetus of independent innovation and parts of the vehicle industry development, they influence each other, there is no vehicle brands, powerful parts system research and innovation capacity is difficult to burst, no powerful parts support system, the independent brand will become difficult to continue.

2005 1-12 months, all Chinese auto parts and accessories manufacturing enterprises to achieve the total industrial output value of 383 billion 800 million 952 thousand yuan, up 18.67% over the previous year; to achieve total sales revenue of 375 billion 265 million 815 thousand yuan, up 20.21% over the previous year; to achieve cumulative total profit of 21 billion 462 million 2 thousand yuan, lower than the same period last year 9.09%.

2006 1-12 months, all Chinese auto parts and accessories manufacturing enterprises to achieve the total industrial output value of 539 billion 704 million 996 thousand yuan, up 34.35% over the previous year; to achieve total sales revenue of 527 billion 234 million 933 thousand yuan, up 34.71% over the previous year; to achieve cumulative total profit of 32 billion 605 million 652 thousand yuan, representing year-on-year growth of 46.79%; by the end of December 2006, the number of above scale industry for the 6142 companies.

2007 1-11 months, all Chinese auto parts and accessories manufacturing enterprises to achieve the total industrial output value of 683 billion 525 million 503 thousand yuan, growth of 37.34% over the previous year; to achieve total sales revenue of 663 billion 529 million 269 thousand yuan, growth of 37.45% over the previous year; to achieve cumulative total profit of 48 billion 487 million 363 thousand yuan, growth of 68.61% over the previous year; at the end of November 2007, the number of full scale the industry of 7171 enterprises.

From 2010 the operation of 1-10 in the industry, the auto parts industry total profit is still growing, but the growth rate slowed down; import and export volume also increased, but the product is imported to the gearbox and engine parts such as high profit, high value-added, high-tech products, products exported to tires, electronic instrumentation and other barriers to entry a low, thin profit labor-intensive and resource consumption. Downstream industries in a certain period of overcapacity, while 2010 has witnessed a rapid increase in the country's unconventional stimulus policy, but in 2011 sales slowdown, overcapacity pressure increase, affected by the parts industry in the second half may bear greater pressure of profit. The main problems facing the industry are the two upstream and downstream businesses. The industry is facing double pressures. The spare parts industry is a two crowded industry, which lacks bargaining power for the upstream and downstream businesses. The upstream raw materials are mainly steel, rubber, plastic, fabric and so on. The price is ultimately determined by the price of bulk commodities such as steel, oil and natural rubber, and auto parts enterprises can only avoid risks by judging the trend of upstream commodity prices. At the same time, the downstream vehicle manufacturers for the large group of large enterprises, is in a strong position in the interests of the game and parts manufacturers, strong negotiation ability, can the cost burden to the auto parts industry, therefore, the parts is actually two by squeezing the "sandwich" position.

In 2011, the output value of auto parts in China has exceeded RMB 2 trillion yuan, and it will remain more than 20% in the next few years. It is expected that by 2015, the output value of China's auto distribution industry can reach 2 trillion and 500 billion yuan. Since 2002, the automobile production and sales in China have maintained high speed growth for nearly 10 years, and the automobile industry has become the pillar industry of China's economy. In 2009, China's automobile production and marketing both broke through 13 million vehicles, ranking first in the world. By 2011, China's automobile production and marketing exceeded 19 million vehicles, ranking 3 in the world for the first time in a row.

With the auto parts industry competition intensified, large auto parts enterprises mergers and acquisitions and capital operation has become increasingly frequent, excellent domestic auto parts production enterprises more and more attention to the research on the industry market, especially the research on enterprise development environment and customer demand trend change. Because of this, a large number of excellent domestic auto parts brands are rising rapidly, and become the leaders of auto parts industry.

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. With the start of the international car industry