With the ever-increasing global competition, the automotive industry in developed countries has undergone new changes. The auto parts industry has also shown new development trends such as organizational grouping, technological advancement, and globalization of operations. Among the companies participating in the Shanghai Auto Show, first-tier component manufacturers gathered. The new development trends such as grouping, technological advancement, and globalization of operations are fully demonstrated.
Grouping
According to a person familiar with the matter, during the “12th Five-Year Plan†period, the auto parts industry will strive to comprehensively enhance its overall competitiveness, and the auto parts exports will form a pattern of entering the international auto supporting system, cultivating a batch of international competitiveness. Parts of large enterprise groups. SAIC, FAW, Dongfeng, and Changan’s four major automakers all participated in the exhibition and showed off their new energy technologies. Although China’s spare parts grouping is not as extensive as the entire vehicle, this auto show has revealed to the world the advantages of grouping. And the trend, China's parts and components companies can only compete with foreign-funded parts and components companies. And BorgWarner, Eaton Group, Bosch, Honeywell, Continental Group, ThyssenKrupp, ZF, Johnson Controls, Foglia Group and other well-known parts and components manufacturers launched a full range of attacks, and exert themselves to present the latest technology.
Technical innovation
Major auto parts manufacturers have applied aerospace, aerospace and electronics technologies to auto parts and assemblies. Safety, electronics, energy-saving technologies and environmental protection technologies have been widely used in automobiles. In particular, new technologies represented by electronic information technologies have not only been widely used in automotive products, but have also been extended to various aspects such as development and design, trial production, production, and management; they have not only been applied to individual automotive parts but have also been applied to them. System assembly. The auto show Euro-Italian, Schaeffler, Honeywell and others all showed off their own new technologies. On the vehicle side, all manufacturers have released their new energy vehicles, and the high-tech can be described as brilliant.
Business globalization
In order to reduce costs and occupy the market, many auto parts and multinational companies have developed toward internationalization. European auto parts manufacturers have invested overseas to carry out international production; North American auto parts manufacturers have invested in Europe, but also want to expand the Eastern European market; Japanese auto companies also continue to establish their own branch production facilities in the world.
The emerging Asian market is the focus of competition among major auto parts and multinational companies, and China is even more of a must-see. Most of the world’s top 20 auto parts companies have set up offices or investment holding companies in Beijing or Shanghai, such as Delphi, TRW, and Bosch. At present, Delphi has established 15 joint ventures in China, manufacturing and manufacturing more than 100 auto parts and systems, becoming the most powerful auto parts group in the Chinese market.
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