Blog

26

2021-11

The Development Milestones of the Automotive Components Industry

Major automakers around the world are rapidly reforming their supply systems, adopting global production and global procurement—shifting from sourcing from multiple auto parts manufacturers to procuring from a small number of system suppliers; transitioning from individual auto part purchases to module procurement; and moving from domestic sourcing to global sourcing.

2021-11-26

26

2021-11

Current Status of the Automotive Parts Industry

According to customs import and export data compiled by the China Association of Automobile Manufacturers, China’s automobile exports continued to see slight growth in 2014, with total export value reaching US$84.314 billion, an increase of 7.08% year-on-year. Among them, auto parts exports amounted to US$64.617 billion, up 8.02% compared to the previous year.

2021-11-26

26

2021-11

The Competitive Landscape of the Automotive Components Industry

As the foundation of the automotive industry, automotive components are a crucial factor in sustaining the industry’s continued, healthy development. With intensifying competition in the automotive components sector, mergers, acquisitions, and capital operations among large automotive component manufacturers are becoming increasingly frequent. Domestic leading automotive component producers are placing ever greater emphasis on market research, particularly in-depth studies of the business environment and evolving customer needs. In particular, the vigorous and rapidly advancing efforts currently underway in the automotive industry to foster independent R&D and innovation are even more reliant on a robust components ecosystem for support.

2021-11-26

26

2021-11

The Development of the Automotive Components Industry

As the foundation of the automotive industry, automotive components are a crucial factor in sustaining the industry’s continuous and healthy development. In particular, the vigorous and rapidly advancing efforts in independent research and development and innovation currently underway in the automotive sector are even more reliant on a robust components ecosystem for support.

2021-11-26

26

2021-11

The Composition of Automotive Parts

Gearbox, gearshift lever assembly, reducer, clutch, pneumatic and electric tools, magnetic materials, electronic components, clutch disc, clutch cover, universal joint, universal ball joint, universal spherical joint, constant-velocity joint, clutch plate, transfer case, power take-off unit, synchronizer, synchronizer ring, timing belt, differential, differential housing, differential bevel gears, planetary gears, wheel hub, flange, gearbox, intermediate shaft, gears, shift fork, drive shaft assembly, drive shaft flange, belt

2021-11-26

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