In the summer of July 2011, the competition in the Chinese auto market was also extremely hot. In the past, fierce competition was more concentrated in the entire vehicle field. However, in recent years, the competition has been deepened, and it has accelerated the spread of the entire automobile industry chain.
Competition is not monolithic. Here, more and more Chinese automakers are paying more attention to the core auto parts technology. The cooperation between auto companies and core parts and components companies is getting closer; over there, more and more auto parts companies and tire companies are Paying more attention to the Chinese market and starting to grab partners and grab customers in the Chinese market.
In the future, the competition in the parts and components industry will become even fiercer because profits will still make people outside the door jealous. AlixPartners, a global information company, said that China’s auto parts companies are the world’s largest in earning money. In 2010, the sales revenue of China's auto parts industry was as high as 1.644 trillion yuan, and the growth rate of auto parts sales revenue was approximately 7% higher than that of the entire vehicle.
There are only three ways to hope to surpass the competition. First, make no mistake. He is the biggest enemy. Those who made mistakes, such as Kumho Tire, suddenly fell back for several years, creating obstacles for themselves and giving competitors a bright road. Second, they built a strong endogenous growth system and accelerated the speed of running. Third, take advantage of external forces to quickly seize the Chinese market.
Right now, more and more multinational component giants have chosen the third party. Their eyes are shifting from traditional multinational giants to Chinese automakers such as Great Wall Motors and SAIC Motor which have late-advantages. China's own brand auto parts companies? They began to acquire overseas core technology journey, hoping to digest, absorb, based on becoming the next giant.
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