China's auto parts sales growth continued to maintain high profitability over the world the highest level, and because car ownership in China's vehicle population growth and aging of the structure, leading to after-sales market contains huge potential of infinite, China's auto parts industry Still maintained in the future will produce high profits and high utilization rates continue to rank the level of global parts suppliers earnings press seeking first title.
China's auto parts sales fell in 2009 after the instability has been developed, in 2010 China's auto parts exports grew by 50%, with the United States and Japan were the main purpose of the export growth of 55%, and China In these parts of the market in the United States and Europe strongly whole, the United States still remains the largest Chinese auto parts exports to the major source countries.
2011, domestic demand for aftermarket auto parts market in China will become the next major growth engine for the interest rate, the last auto parts suppliers and OEMs interest rate gap is slightly reduced, but the former is still higher than the latter, the Chinese auto Profit margin of about 20% of the parts than the OEM's profit is slightly higher, but more than 08 auto parts market profits doubled. 2010 China's auto parts suppliers have been working capital needs despite significant improvements, but since demand is still higher than global peers, then in the next three years, or to face China's auto parts business and acquisitions. In 2011 and 2012 will see a limited merger and acquisition activity, or 50% of companies in mergers and acquisitions is currently no plan, and integration in the management of import and export of foreign companies and international acquisitions is still a challenge.
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