Lightweight components become the future development trend

The rapid development of China's automobile industry has caught the attention of the world. According to statistics, China’s annual sales of automobiles are still in the top spot in the world in 2010. Currently, the number of motor vehicles in China will exceed 199 million, of which the number of automobiles will reach 85 million. The auto parts industry is the most critical of the Chinese auto industry. In the same way, under the stimulating of its entire vehicle, it has also developed rapidly. However, the rapid development of the market has brought great opportunities to China's parts and components companies. At the same time, the global parts giants have begun to shift their sights to the Chinese market, and they have entered standby, which makes the original competition very fierce. The Chinese market has entered a state of white day. In China's local parts and components enterprises, there are generally problems such as backward technology, small-scale enterprises, and lack of influence of their own brands, which seriously restricts the development speed of enterprises.

In 2011, coincided with the first year of the National Twelfth Five-Year Plan, the development of the automobile industry is still one of the key industries that promote the development of the national economy, and it is bound to usher in a new leap forward. The development of domestic parts and components market will also be more steady and rapid. With the acceleration of the global economic integration process and the continued rapid development of the Chinese automobile industry, the competition in the Chinese auto aftermarket has intensified, and the performance in the Chinese auto parts market is particularly prominent. This makes the domestic parts and components companies realize that it is imperative to enhance the company’s brand influence while enhancing the technological level of the company and improving product quality.

In the eleventh five-year plan of China, the relevant contents of the auto industry are mainly concerned with improving the competitiveness of key sectors of the auto parts industry, increasing the share of independent brands, and energy conservation and environmental protection. The main contents include: to enhance the auto industry's ability to independently innovate and accelerate the development of auto engines, automotive electronics, key assemblies and parts and components with independent intellectual property rights. Give play to the role of backbone enterprises and increase the market share of self-owned brand passenger vehicles. Encourage the development and use of energy-saving and new-type fuel vehicles. Guiding enterprises to merge and reorganize in the competition and form a number of enterprises with a capacity of 1 million. When referring to the "revitalization of the old industrial bases in the northeastern region", it pointed out the construction of a car base. When referring to “promoting the rise of the central region”, it also pointed out that we must support the development of equipment manufacturing industries such as automobiles. At the same time, it is proposed to increase the implementation of auto fuel economy standards, accelerate the elimination of old transport equipment, formulate alternative liquid fuel standards, and actively develop petroleum substitute products; encourage production to use energy-efficient products; and increase auto exhaust management efforts.

Global procurement of parts becomes a trend

With the changes in the organizational structure of the auto parts industry, more and more automakers will implement global procurement of parts and components. At present, China has become a manufacturing center with low value-added and labor-intensive products. China's labor cost is a significant factor compared to Europe and the United States and is an important factor in attracting global car companies. In the future, China's auto parts industry should improve its product technology content and the scale of the company in order to seize the opportunity to adapt to the development requirements of global procurement.

New development trend of auto parts and components

The development of new technologies for automobile parts presents the following major trends: The depth of development continues to deepen; the degree of generalization and standardization of parts and components has increased; the level of parts and electronics has increased; the level of intelligence has increased; the lightweighting of entire vehicles and parts has become a trend for future development; Environmental protection technology will become the commanding height of future industrial competition.

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