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Development of the auto parts industry

2016/8/15      view:
       Auto parts as a basis for the automobile industry, the automobile industry is an essential element to support the sustainable and healthy development. Especially in the current auto industry is vigorous, self-development and innovation carried out in full swing, but also requires a strong component system for support. Independent brand vehicle parts and technology innovation needs as a basis, parts innovation and the development of automobile industry have a strong driving force, they influence each other, interacting, no vehicle of its own brand, powerful system components R & D innovation difficult to burst, no support, forcing its own brand to do masterpiece strong component system unsustainable.
       January to December 2005, China's total auto parts and accessories manufacturing enterprises realized a total industrial output value of 383,800,952 yuan, increase of 18.67 percent over the same period last year; to achieve total sales revenue 375,265,815 yuan, an increase 20.21% over the previous year; achieve cumulative total profit of 21,462,002 yuan, 9.09% decrease over the previous year.
       January to December 2006, China's total auto parts and accessories manufacturing enterprises realized a total industrial output value of 539,704,996 yuan, an increase over the previous year 34.35%; to achieve total sales revenue 527,234,933 yuan, an increase 34.71% over the previous year; achieve cumulative total profit of 32,605,652 yuan, an increase 46.79% over the previous year; as of end of December 2006, the number of industry enterprises above designated size of 6,142 homes.
       2007 January to November, China's total auto parts and accessories manufacturing enterprises realized a total industrial output value of 683,525,503 yuan, an increase of 37.34 percent over the previous year; achieve total sales revenue 663,529,269 yuan, an increase of 37.45 over the previous year %; achieve cumulative total profit of 48,487,363 thousand dollars, compared with last year increased by 68.61%; as of end of November 2007, the number of industry enterprises above designated size of 7,171 homes.
       From January 2010 - Industry operation in October, the auto parts industry profits are still growing, but growth is slowing; both import and export volume also grew, but imports to the gearbox and engine parts, high-margin, high value-added, high-tech products, export products to tires, electronic instrumentation, and other barriers to entry low, thin profit labor-intensive and resource consumption based. Downstream vehicle industry in a certain period of excess capacity, although in 2010 there has been rapid growth in unconventional countries under the stimulus, but the slowdown in sales in 2011, excess capacity pressures, affected, parts the second half of the industry may be subject to greater pressure on profits. On the main issues facing the industry downstream two by squeezing, the industry faces the dual pressures of two parts industry is squeezed by the industry, upstream and downstream of the lack of bargaining power. Upstream raw material is mainly steel, rubber, plastic, fabric, etc., the price of the final decision by the steel, oil, natural rubber and other commodity prices, auto parts enterprises can only upstream commodity price movements to determine risk-averse. Meanwhile, the downstream vehicle manufacturers are mostly large enterprises and groups, in the interests of the game and parts manufacturers in a position of strength, able to pass on cost pressures auto parts industry, therefore, is actually in two parts by the crowded " sandwich "sandwich position.
       In 2011, China's auto parts sales output value has exceeded 2 trillion yuan, the next few years will remain more than 20% increase. By 2015 the scale of China's auto parts industry output value reached 2.5 trillion yuan. Since 2002, China's auto production and sales maintained a nearly 10 years of rapid growth, the automotive industry has developed into a pillar industry of China's economy. In 2009, China's auto sales exceeded 13 million, ranking first in the world in 2011, China's auto sales exceeded 19 million, for three consecutive years, ranking first in the world.