World-renowned business consulting firm Arrow recently released study of platinum, "2011 China Automotive Industry Outlook" shows that despite the recent Chinese truck market sales decline phenomenon, but the overall market sales are expected between now and 2016, each year will remain Up to 15% of the average growth rate.

    China's huge market potential, like a magnet to attract foreign parts companies usually set up camp in China, hoping to grab market pie.

    Concentrated force in the Chinese market

    Expanding Chinese auto parts market, multinational companies, optimistic about China's economic development potential, have increased efforts to develop the Chinese market, investing heavily in factories in China, so long rooted in China.

    May 27, the German supplier of automotive rubber products Co., Ltd. ContiTech's new plant in Changshu, Jiangsu Province completed and put into production. Although the company is headquartered in Germany, but China has become the world's largest automobile production and sales of the country, the company's development in the Chinese market and as much as Europe. The longer term, ContiTech is necessary that a new round of investment in China.

    In the global financial crisis, world economy at a low ebb in 2009, ContiTech invested 40 million euros, to build a new factory in China and put into production. In this regard, the company president, said Wendt, from a strategic perspective, the coming decades, China and Asia are important markets ContiTech. Its strategic goal is to build manufacturing hub in China, Changshu plant will be located a new manufacturing base in Asia. 2014, the company plans sales in China more than doubled the proportion of total global sales, from the current 10% to 20%.

    Freudenberg Group in China on behalf of Man Hand in the recently held a news conference that the world's largest auto market, China is crucial for the Freudenberg Group. Freudenberg's production plant in China have spent more than 10 years, local production to meet market demand for it, is becoming increasingly important. Therefore, the company plans to further invest in productivity.

    Man Hand said, fiscal year 2010, the Freudenberg Group's sales in China hit a record high. Compared with the previous year, Group sales increased 46%. In the first quarter continued the growth trend, with sales growth of 28%. Since 2005, the Freudenberg Group has manufacturing bases in China and sales network investment of more than 10 billion yuan will continue to invest in the Chinese market.

    The world's largest auto parts company Bosch invest more in China. Fehrenbach, chairman of the Bosch Group, said in 2011, Bosch will invest 3.4 billion yuan to strengthen in China, the expansion of the business. Bosch's automotive business in 2010 China sales of $ 23.3 billion, up 38 percent over the previous year. In the past four years, the average annual growth rate of the Bosch business in China reached 30%.

    Fought over cake supplier brands

    Foreign parts enterprises to implement strategy in China, with advanced technology and talent advantages, for the joint venture auto parts businesses, but also for the own-brand car companies supply.

    Wei speed up (China) Automotive Safety Systems Co., the third plant opened in May this year in Taicang. Wei speed up the relevant responsible person said, in addition to the original joint venture car company supplier, but also for the local companies supporting vehicle brands. Reporters at the speed of Taicang factory to see Wei, the workshop has several production lines running, marked on the product of the company's own brand name. Technical staff, told reporters that this is for the production of own brand products.

    Local car manufacturers to develop high-end cars, a corresponding increase in demand for parts. In this regard, foreign-funded enterprises made after pre-scale advantages, but also began to cater to the development of own-brand car companies supporting high-end product requirements.