The first 11 months last year, China's cumulative automobile production and sales reached 16.4 million, estimates based on historical data, the whole of 2010 will reach 18 million annual sales, an increase of 32%. That figure surpassed the United States in the history of the peak 17 million sales, China has become a true world's largest car market

    18 million, the Chinese auto industry is even greater plate, auto parts and service industry has great potential for future development. According to industry experience, vehicle repair and maintenance and other after-sales service costs are mainly used in new vehicles after three years. Since 2006, China entered the rapid growth of new car sales, as projected, after-sales service market capacity substantially increase from 2010. In addition, car ownership growing auto parts and services market will provide a stable source of profit.

    Inventory of 2010 operating conditions of automotive industry chain, auto parts industry is regarded as the most profitable part. Outlook 2011, the boom of the automotive market will fall, the market will return to normal development of the state, but continued to be optimistic about the auto parts industry.

    Chain win-win situation

    Recently, China's auto parts industry veteran, told this reporter: According to conservative statistics, and vehicle development are closely related to China's auto parts industry in 2010, output will reach 1.5 trillion yuan.

    Today, China's auto market, OEMs and suppliers, the relationship between dealers, so much, "primary and secondary", as it is "Band of Brothers," "iron triangle" or "community", while the market showed an unprecedented competition "chain win-win" situation. Brought about this change is motivated by the market, is the ability of OEMs to respond to market and attitudes. Component parts by the tens of thousands of automotive products to ensure superior quality, from raw materials to components, vehicle assembly, each link must be foolproof. "Chain" determine the merits of the success of the enterprise.

    Market polarization, a higher degree of industrial concentration ... ... these have all contributed to the chain win-win era. In the "chain" era, life and death, prosperity and weak, begin with the chain reflects the situation. What prompted the chain win-win era? Market! Today's consumers are more personalized, on their vehicles and more three-dimensional, not only the pursuit of quality, but also the pursuit of beauty, comfort ... ... so that the scale, intensive enterprise has shown unprecedented advantages, requiring enterprises "chain" with more strong production and development capabilities, to build stronger quality assurance system to provide more personalized products and services.

    Notable achievements

    The rapid growth of vehicle sales and its own efforts to make significant achievements parts industry.

    China's accession to WTO, auto parts industry further into the international market, exports maintained a rapid and stable growth. Multinational auto and auto parts companies have set up auto parts in China purchasing center, and increase procurement efforts. China has become the United States, Japan, Germany after the world's fourth largest auto parts producer and exporter.

    Export value and volume in the growing, China's auto parts exports is the export forms, product mix, export changes in regional and export markets. Already entered the Chinese auto parts global sourcing system.

    Last January, Weichai bid by the French subsidiary of the company's underlying assets Baudouin. Last March, the Beijing West Beijing Heavy Industries signed with the acquisition of Delphi's brake and suspension of its global business in the Subscription Agreement, the transaction includes thousands of items of intellectual property rights and a number of world leading technology. Increase in the number of overseas acquisitions shows that the strength of Chinese parts enterprises continue to strengthen.

    Currently, the state-owned enterprises accounted for only auto parts industry, 5% of total number of enterprises, private enterprises accounted for 65% holding.

    Private auto parts enterprises not only quantity but also the high income, big pull on the job. In recent years, policy support for new energy vehicles increasing, and new energy vehicles, parts and components industry can not develop without the support. China's auto parts industry is to seize the opportunity, want to achieve breakthroughs in key components, to achieve leapfrog development. According to incomplete statistics, China has in the new energy automotive batteries, motor, electric control three core technology patents has about 1800.