As the basis of the automobile industry, auto parts are necessary factors to support the sustainable and healthy development of the automobile industry. In particular, the current auto industry is developing vigorously and in full swing for independent development and innovation, and it needs a strong component system to support it. Vehicle independent brands and technological innovation need parts as a basis, and independent innovation of components has a strong driving force for the development of the vehicle industry. They interact and interact with each other. There is no independent brand of the vehicle and a strong parts system. Its R & D and innovation capabilities are difficult to develop without the support of a strong parts system.
From January to December 2005, all Chinese auto parts and accessories manufacturing enterprises realized a cumulative total industrial output value of 383,800,952,000 yuan, an increase of 18.67% over the same period of the previous year; a cumulative product sales income of 375,265,815,000 yuan, an increase of 20.21% over the same period of the previous year; The total accumulated profit realized was 21,462,002 thousand yuan, a decrease of 9.09% over the same period of the previous year.
From January to December 2006, all Chinese auto parts and accessories manufacturing enterprises realized a cumulative total industrial output value of 539,704,996,000 yuan, an increase of 34.35% over the same period last year; a cumulative product sales income of 527,234,933,000 yuan, an increase of 34.71% over the same period last year; The total accumulated profit realized was 32,605,652,000 yuan, an increase of 46.79% over the same period of the previous year; as of the end of December 2006, the number of enterprises above the designated size in the industry was 6,142.
From January to November 2007, all Chinese auto parts and accessories manufacturing enterprises realized a cumulative total industrial output value of 683,525,503,000 yuan, an increase of 37.34% over the same period of the previous year; a cumulative product sales income of 663,529,269,000 yuan, an increase of 37.45 over the same period of the previous year %; Total accumulated profits of 48,487,363 thousand yuan, an increase of 68.61% over the same period last year; as of the end of November 2007, the number of enterprises above the designated size in the industry was 7,171.
Judging from the operation of the industry in January-October 2010, the total profit of the auto parts industry is still increasing, but the growth rate has slowed down; both the import and export volume have also increased, but imported products are gearboxes and engine parts, etc. The value-added and high-tech products are the main products, and the export products are mainly labor-intensive and resource-consuming types with low entry barriers and low profits, such as tires and electronic instruments. The downstream vehicle industry has overcapacity in a certain period of time. Although unconventional high-speed growth occurred under various national stimulus policies in 2010, the production and sales growth slowed down in 2011 and the pressure of excess capacity increased. The industry may be under pressure from larger profits in the second half of the year. The main problems faced by the industry are squeezed on both sides of the upstream and downstream, and the industry is facing double pressure. The parts industry is squeezed on both ends and lacks bargaining power for the upstream and downstream. The upstream raw materials are mainly steel, rubber, plastics, and fabrics. The price is ultimately determined by the prices of commodities such as steel, petroleum, and natural rubber. Auto parts companies can only avoid risks by judging the upstream commodity price trend. At the same time, downstream OEMs are mostly large companies and large groups. They are in a strong position in the interest game with component manufacturers, have strong negotiation capabilities, and can pass cost pressures to the automotive component industry. Therefore, components are actually at two ends. Squeezed "sandwich" sandwich position.
In 2011, the sales value of China's auto parts sales exceeded 2 trillion yuan, and it will maintain a growth rate of more than 20% in the next few years. It is estimated that by 2015, the scale output value of China's auto parts industry will reach 2.5 trillion yuan. Since 2002, China's automobile production and sales have maintained rapid growth for nearly 10 years, and the automobile industry has developed into a pillar industry of the Chinese economy. In 2009, China's automobile production and sales exceeded 13 million units, ranking first in the world. By 2011, China's automobile production and sales exceeded 19 million units, ranking first in the world for 3 consecutive years.
With the intensified competition in the auto parts industry, mergers and acquisitions and capital operations between large auto parts companies are becoming more frequent. Domestic excellent auto parts manufacturers are paying more and more attention to the research of the industry market, especially the development environment and In-depth research on changes in customer demand trends. Because of this, a large number of outstanding domestic auto parts brands have risen rapidly and gradually become the leader in the auto parts industry. For details, please refer to the "In-depth Market Research and Investment Prospect Analysis Report of China's Auto Parts Manufacturing Industry"!
Domestic parts are mainly used for self-owned brand cars. The market share is low. Data from the Ministry of Commerce shows that foreign capital controls most of the market share of auto parts, and sales of domestic parts account for only 20% -25% of the entire industry. Auto parts manufacturers with foreign investment background account for more than 75% of the entire industry. Among these foreign suppliers, wholly-owned enterprises account for 55%, and Sino-foreign joint ventures account for 45%. Local parts and components are mainly used in self-owned brand cars with a low market share. In the fields of high-tech content such as automotive electronics and engine parts, the foreign capital market share is as high as 90%. Among them, the output of core components such as electronic fuel injection systems, engine management systems, ABS and airbags, automatic transmissions, etc. The percentages are 100%, 100%, 91%, and 69%, respectively.
Auto parts manufacturers are becoming a globalized trend, leaving the auto companies and forming specialized parts groups. Almost all of the world-renowned automobile and parts companies have established joint ventures or wholly-owned enterprises in China, and more than 1,000 joint ventures have introduced technology. A number of domestic high-tech, good-efficiency, large-scale automobile and component companies have gradually grown. As the international automotive industry begins to implement the "global procurement" strategy for parts and components and the localization strategy of international multinational auto companies, a huge gap in parts and accessories will emerge in the domestic market. By 2010, the domestic output value of China's auto parts will reach about 700 billion yuan.
In a certain period, although the global economy has declined as a whole, according to actual procurement practices in the past four to five years, the results of China's procurement are not as optimistic as predicted by a large number of companies, and almost 80% of companies have not reached their procurement volume and procurement decline. Cost target. With the appreciation of the renminbi and the decline in the export tax rebate rate, the pressure on Chinese procurement is even greater. International buyers have shifted their sights to Vietnam, India, Thailand, Australia and other countries and regions at the same time. From the above, China's auto parts industry will still accelerate its growth under the current financial crisis.
