The world-renowned multinational auto parts manufacturer, an auto safety product company invested by Delphi in Beijing, officially started mass production on the 26th.Judging from a series of investment actions by multinational auto parts manufacturers in China this year, the speed of their layout in China is gradually accelerating.
In March of this year, a parts manufacturing enterprise invested by Japan's Honda Motor Company was completed and put into operation in Foshan, Guangdong; Technology Co., Ltd. jointly established a chassis system company; in October, the auto trim project invested by Visteon in Shenyang started construction; at present, the auto half-axle enterprise jointly built by Delphi and a Chinese company is preparing for Wuhu...
After my country's accession to the WTO, the auto parts market and capital market have been fully liberalized.With all the world's large multinational auto companies entering China, world-renowned multinational auto parts giants, such as Germany's Bosch, American Delphi, Japan's Denso, Aisin Seiki, Fujitsu, Alpine Electronics, France's Valeo, etc. Joint venture or sole proprietorship to invest and set up factories in China.According to statistics, 100% of the world's top 70 auto parts companies have set up factories in China, and more than 1200 foreign auto parts companies have invested in China.
Behind the accelerated deployment of multinational auto parts companies in China is China's increasingly attractive auto market.In recent years, China's auto industry has maintained rapid development.According to statistics from the China Association of Automobile Manufacturers, as of September this year, my country's automobile production and sales have both exceeded 9 million.At present, China has become the world's second largest automobile consumer, the third largest automobile producer, and the largest automobile potential market.The vigorous development of China's auto industry has driven the rapid development of the parts market. In 640, the sales revenue of Chinese auto parts enterprises reached 2006 billion yuan.It is estimated that by 4035, the domestic output value of China's auto parts will reach about 2010 billion yuan.
Industry experts believe that the low-cost advantage of developing Asian countries such as China has become another main reason for attracting multinational component companies.With the continuous decline in vehicle prices and the rising prices of raw materials such as steel, the auto industry is facing huge cost pressures.In order to effectively control and digest the increasing costs, the global expansion of OEMs will inevitably drive parts suppliers to further accelerate their global layout.Delphi Global Vice President Jeffrey Owens said on the 26th that Delphi attaches great importance to China and other emerging markets in Asia.At present, Delphi's investment in China exceeds 5 million US dollars, and the turnover in China by the end of 2006 has reached 10 billion US dollars.
In addition, China's favorable investment environment is also an important factor in attracting multinational auto parts companies.At present, the export of auto parts is strongly supported by the national industrial policy. The "Eleventh Five-Year" Development Plan for the Automobile Industry proposes that my country should comprehensively improve the competitiveness of the auto parts industry, and strive to become a global parts producer and a strong international parts industry by 2020.China strives to increase the export value of automobiles and parts to 350 billion to 400 billion US dollars by the end of the "Eleventh Five-Year Plan".Industry experts pointed out that with the continuous increase in the proportion of foreign capital purchasing in China, investing and building factories in China has become the correct choice for multinational auto parts manufacturers.