Development Trend of Auto Accessories

Mergers and acquisitions in the auto accessories

China's manufacturing exports has always been known for its low price. In order to reduce production costs and open up emerging markets, the large-scale multinational enterprises not only transfer production to low-cost countries and regions massive manufacturing sector, and gradually extend the scope of research and development, design, procurement, sales and service sectors, and the transfer scale will be increasing, the level is getting higher and higher. In order to win the future international competition in the market place rather than import auto accessories, the quickest way for domestic parts enterprises is through mergers and acquisitions to form large-scale parts enterprise groups. Merger and reorganization of parts enterprises is more urgent than the vehicle enterprises, if there are no major parts enterprises, the cost will not be reduced, and the quality will not increase, resulting in the development of the industry as a whole will be extremely difficult. Scale of the domestic parts enterprises are small and strength is weak and lack of R & D capabilities, so in this context, if you want to obtain fast development, you must speed up the merger and reorganization to form scale.

Integrated development of auto parts enterprises
Auto part enterprises actively implement systematic development of modular manufacturing and supply auto parts. From the development process of the auto parts industry in the world, the producer parts industry cluster development and the development of the automotive industry are of equal importance, we must become bigger and stronger to develop into an industrial cluster, which is the auto parts industry strategic choice. Automobile companies to use the platform strategy in product development, systematic development, modular manufacturing and integrated supply gradually become the trend of the development of the automotive parts industry. At the same time, the auto parts industry cluster development is becoming more and more obvious, such as the cluster development of auto strobe lights.

The trend of the auto parts procurement
Globalization of the auto parts procurement will become the trend, and along with the changes in the organizational structure of the auto parts industry, more and more OEMs will be the implementation parts procurement of globalization. But the characteristics of China's huge manufacturing and quality and cheap will not change in the short period of time. So China auto parts mainly will continue to export. At present, international buyers are more rational and practical for the purchasing in China, and through the selection and training of potential core suppliers, increase their own logistics integration and strengthen foreign investment in the domestic factories communication to improve the latter's enthusiasm for export.

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