Take you to understand the future development trend of the auto parts industry
The auto parts industry is the foundation for the development of the auto industry. With the development of market integration, the main links in the process of auto parts consumption such as investment, consumption, procurement, sales, after-sales service, and research and development have shown a global configuration trend. With the intensification of market competition, the world's major vehicle manufacturers have changed their supply systems and implemented global consumption and procurement strategies, which eventually led to a situation in which auto parts manufacturing was separated from vehicle manufacturing and faced the market independently.
Industrial transfer is accelerating from time to time
At present, emerging automobile markets such as China and India have become the world's largest and most growing automobile consumer markets. At the same time, these countries have abundant labor resources, low labor costs, and continuous improvement in labor quality. With the increasingly fierce competition in the international auto and parts industry, in order to open up emerging markets and effectively reduce consumption costs, auto and parts companies have begun to accelerate their industrial transfer to countries and regions such as China, India, and Southeast Asia.
Auto parts procurement globalization
At present, international buyers have become more rational and practical about Chinese procurement. After selecting and cultivating potential central suppliers; increasing their own logistics integration; enhancing communication with foreign factories in China to improve the latter’s enthusiasm for exports; decentralizing procurement destinations, Stop comparing with other emerging markets to promote the process of China's procurement by deciding where to purchase. According to analysis, although international buyers are becoming more cautious about China's procurement, export and internationalization will still be the main theme of China's foreign parts and components consumers in the next ten years.