The selection of auto parts reveals the development direction of the market in the past five years

2010 list of the "most competitive" auto parts suppliers has been announced in Beijing recently. They are from industry associations, well-known OEMs, senior executives of primary and secondary suppliers, R&D executives, senior leaders of parts and components companies, and mainstream media. The reporters gathered together to witness the grand announcement ceremony and award ceremony of the top 100 auto parts companies.

The “2010 Most Competitive Auto Parts Suppliers Top 100 Awards” activity was hosted by the well-known auto professional e-commerce platform Gasgoo.com, and it is a major and comprehensive activity for the competitive landscape of the Chinese auto parts industry. The purpose of the event is to reveal the development and change laws of the parts and components industry in the Chinese auto market, and to unearth the relatively strong long-term competitiveness of the auto parts market.

Since the launch of the event in December 2009, the organizer has spent more than 9 months and conducted a full range of auto parts suppliers selected by more than 3,000 autologists, buyers, industry associations, and Gasgoo e-commerce platform databases. The comprehensive assessment was finally selected among the five sub-industry sectors: Engine Components and Parts, Chassis Parts and Parts, Automotive Electronics Parts and Parts, Automotive Body and Exterior Parts and Parts, Technology and Universal Parts. 100 categories of products, each product is selected as one of the most competitive companies, a total of 100 auto parts suppliers were selected as top 100.

The biggest feature of the "most competitive" auto parts supplier 100 selection activities was the participation of a wide range of auto parts buyers, totaling more than 3,000 Chinese and foreign host manufacturers and large parts and components procurement and technology. Experts participated in the selection process, and more than 300 judges of procurement and technology executives entered the final stage. Such a large number of buyer judges is unprecedented in the selection of Chinese auto industry. Based on the information collected and the survey conducted during the selection of a large number of buyers, the organizers summarized five major discoveries of the development of China's auto parts industry.

1. Relative to the entire vehicle, the technical level of Chinese auto parts is closer to or reaches the international advanced level. This is to a great extent thanks to the efforts and contributions of transnational auto parts companies in China. Compared with multinational vehicle companies, MNCs for parts and components invest more in R&D in China. They have set up more than 100 technical centers, set up R&D teams specifically in the Chinese market, cultivate technical talents, and carry out technological development based on the needs of vehicle companies. In particular, auto parts companies in Europe and the United States, such as Federal-Mogul in the United States and George Fisher in Europe, have provided strong support for the rapid growth of Chinese domestic auto companies, and have also enabled the technology of Chinese auto parts industry to reach the world. Leading level.

2. In the past five years, the overall development speed of China's domestic auto parts companies has surpassed that of multinational companies in China, and there will be greater opportunities for development in the next five years. There are three main reasons for this situation:

First, the rapid development of China's self-owned brand vehicles has a significant role in the local parts and components companies;

Second, global procurement in the international market has greatly promoted the development of China's local parts and components companies in the first two years;

Third, the international brands of vehicle companies began to develop localization. The procurement system has increased the development of Chinese local parts and components companies.

3. In the next five years, the pace of integration in the automotive component sector will gradually accelerate, and the enhancement of sustainable competitiveness will be the basis for the survival and development of component companies. As the growth rate of the production and sales volume of the automobile industry will gradually stabilize in the next few years, and the integration between vehicle groups will also continue, the competition between parts and components companies will become increasingly fierce. 80% of procurement executives believe that in the past five years, the procurement of spare parts has become more and more transparent, and the situation of maintaining market position by relying on various factors has become less and less. Multinational companies and local companies will move from one end of their original competitive advantage to one region, that is, local companies will strive to improve their technological level and quality management level while maintaining their cost advantage. Multinational companies need to maintain technological and quality management advantages. Under the circumstances, effectively reduce costs.