The "BRIC" Age of the Top Ten Multinational Auto Parts Enterprises

Looking at the strategic locations of some multinational corporations in 2013, it is no coincidence that multinational auto parts companies have shifted the development of the main battlefield to China. In fact, in addition to establishing production bases, foreign parts giants have also accelerated the pace of localized research and development in China. The vast market prospects are due to the fact that component giants cannot refuse to localize.

As China secures the throne of the world’s largest automobile production and sales powerhouse, and many other global automotive markets have not yet fully recovered, multinational parts and components companies have also begun betting on the Chinese market, capital increase, new production base or R&D center, etc., hoping to take this into consideration. Get bigger cakes. According to statistics, among the large-scale auto parts enterprises in the country, there are currently more than 1,200 foreign-invested companies, and most of them are among the world's top 500 companies. These multinational companies are in the leading position in the world in terms of business scale, technical strength, and multinational operating experience. They have the ability to participate in the development of new models, system development, and module supply capabilities and experience of vehicle companies. Almost all of them are systems of multinational automotive groups in the world. Module level supporting primary or secondary suppliers. With their strong capital, technical strength and rich operating experience, they quickly occupied the commanding heights of market competition in China.

Despite the past 2012, the Chinese auto market lost its rapid growth over the past few years, but it still maintained a slight growth momentum. Some analysts predict that by 2020 China's light vehicle sales will reach 30 million vehicles. At that time, the size of the Chinese auto market will catch up with the sum of today's European and American markets.

The temptation of a huge market has been favored by many overseas car companies. Today, not only are overseas vehicle companies investing in China, but also some cross-border auto parts companies and distributors are optimistic about the Chinese auto market. While participating in market competitions and participating in large-scale domestic events, many multinational parts and components companies actively participated in the HC Competition's top ten auto parts selection activities. After ten years of selection, they attracted the attention of multinational auto parts companies. With support, up till now, the top ten multinational companies have participated in 51 sea voting companies. PBT lubricants have been dominated by 208 votes, and Brembo has followed with 190 votes, which has taken over. Cortec, Valeo, and Huizhong Saxophone were among the top three, fourth, and fifth places in the auto parts list with a weak ticket gap.

Bosch strengthens after-sales service network construction

Bosch manufactures and sells automotive parts and aftermarket products, industrial transmission and control technology, packaging technology, solar energy products, power tools, security and communication systems, thermal technology and household appliances in China. Bosch entered the Chinese market in 1909. The Bosch Group is the world's largest supplier of automotive technology. In addition to establishing numerous R&D and production bases in China, Bosch has a comprehensive repair service network throughout the country for after-sales service. In the next few years, Bosch will continue to strengthen its after-sales service network and strive to reach 2,000 by 2015 and cover such unpopular areas as western China. At the same time, we will further strengthen training and professional certification of franchise staff through four training bases in Shanghai, Beijing, Shenzhen, and Yangzhou. In addition, according to the development of each region, we will establish Bosch's own flagship maintenance service shop, which will serve as a model for benchmarking.

Valeo Quarterly Sales in China

China is an important market for Valeo. Of the 5.3 billion euros in Asian orders, Chinese orders accounted for more than half (54%). Currently, Valeo has 22 factories in China, and 4 factories are under construction. It employs 12,000 Chinese employees and is expected to employ 15,000 in 2015. Chinese employees, the total number is expected to exceed the number of the group in France. Speaking of the future development strategy of Valeo Group, Jacques stated that Valeo Group attaches great importance to the emerging automobile markets in China, India and North America. Last year, the Group’s sales in North America increased by 15%, the Chinese market increased by 16%, and the Indian market grew. 17%. Valeo Group has been in China for nearly 30 years. With the rapid development of China's economy, China has become the world's largest auto market, with annual sales of about 18 million vehicles. Currently, nearly one-quarter of the Group's sales are realized in China. Valeo Group will continue to invest in China to provide high-quality auto parts to the Chinese market.

The heart of ZF's expansion of China's commercial vehicle transmission market is clear

ZF, which entered China in the 1980s, has continued to expand its business map. The number of factories in China has exceeded 20, and transmissions, axles, steering gears, shock absorbers and other products have been locally produced. However, in the field of commercial vehicle transmissions, ZF has been difficult to pick up. Two wholly-owned commercial vehicle transmissions production plants in Suzhou and Hangzhou have sold less. After years of arduous negotiations, ZF finally realized the desire to jointly produce a commercial vehicle transmission in China. As one of the world's top three automotive transmission suppliers, ZF has already deployed three transmission plants in China, including two wholly-owned companies in the commercial vehicle sector. This time, a new joint venture company has been established. ZF seizes the Chinese commercial vehicle transmission market. The heart of the expansion is clear.

Tianhe Expands New Facilities in China

Tianhe Automotive Group, the world’s largest supplier of automotive parts and systems, will accelerate its march to China in 2013. Peter Lak, executive vice president of the US TRW Automotive Group, said in the near future that it will expand its efforts to build new facilities in China. There are nine projects that will be implemented, including the second Asia-Pacific R&D center to be located in Shanghai Anting, and the number of engineering staff will exceed 1,000. . TRW Group has established eight joint ventures in China.

Breible China market is a great potential for development

Brembo, founded in 1961, began supplying parts for F1 in 1975 and was the supplier of braking systems for six F1 teams in 2012. As a global leader in automotive disc brake technology, Breibo pays more and more attention to the Chinese market. China is a very important market for Brembo, but the most important is that the market is a region with great potential for development.

Looking at the strategic locations of some multinational corporations in 2013, it is no coincidence that multinational auto parts companies have shifted the development of the main battlefield to China. In fact, in addition to establishing production bases, foreign parts giants have also accelerated the pace of localized research and development in China. The vast market prospects are due to the fact that component giants cannot refuse to localize.

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