The financial turmoil from Wall Street has swept the world. The Chinese auto industry has not been spared. The auto market experienced negative growth in the fourth, fifth, sixth, seventh, and eighth months of the month, as evidenced by the year-on-year negative growth in August and September. As the automotive industry's downstream components industry, what has been affected, the impact of this crisis on China's auto parts industry in the end how much, how deep, how long? How should we face? Under this premise, the American Automobile Industry Action Group (AIAG) was held on November 14 at the "2008 AIAG Automotive Parts & Components Purchase Senior Forum and Supplier Forum" at the Beijing New International Exhibition Center. It seems that China's auto parts companies are facing exports. The market has gained a little more confidence.
After last year, the American Automotive Industry Action Group (AIAG) once again cooperated with CIAPE to play a bridge role in communicating North American auto companies with Chinese auto parts suppliers. AIAG hopes to use this form of procurement forum to assist North American auto companies and other member companies in finding qualified suppliers and completing their procurement tasks in China. From the supplier's point of view, it also enables Chinese suppliers to understand themselves. The gap between international buyers and buyers has actively made up for these gaps so as to meet the requirements of international buyers and make them invincible in the increasingly fierce market competition. Help Chinese auto parts suppliers integrate into the global world supply chain and enter the purchasing vision of international buyers.
The 2008 China International Auto Parts Expo exhibitors have reached over 1,000 scales, and more than 3,000 professional purchasers from more than 60 countries have registered for the event. Therefore, the participating companies basically represent the mainstream of the Chinese and foreign international spare parts industry. This has provided a good opportunity for communication between Chinese and foreign parts suppliers.
Specialty Products is a US parts supplier and its CEO, Ben Bigelow, stated that they are most concerned about the aftermarket of parts and components. He hopes to find a suitable partner among Chinese parts and components companies through this forum. We will make preparations for the expansion of the Chinese market and localization of future products.
John Deer, as the world's largest agricultural machinery supplier, Mr. Xie Xixian, Director of Supply and Purchase in China, puts high demands on domestic suppliers. He said that to become a successful supplier, the speed of response to the market, reasonable prices, quality product quality and full human input are essential conditions. It is precisely because of this, John Deer has been deeply entrenched in the Chinese market for nearly 20 years before it has been widely recognized in the Chinese market. In addition, everything depends on good communication. There is no future without communication. He emphasized that as a complete vehicle company, there are high requirements for the accuracy and matching of components. If the parts suppliers do not communicate well in advance, the product defect rate will increase. On the contrary, the partners may have a good early warning plan before the problem occurs.
During the visit, AIAG executive Mr. Xia Rand visited the China Truck Network reporter and mentioned that in the implementation of the three emission standards in the Chinese market, we always promote environmental protection, promote the purchase of new energy and environmentally friendly vehicles, and we will strictly follow China’s The environmental protection regulations and provision of spare parts to ensure the safety of the entire vehicle can only meet the needs of customers in a globally integrated management system and management culture. Maximize customer value.
Global integration has also enabled Chinese commercial vehicle companies to begin international procurement of key components. However, compared with the international market, China's commercial vehicle technology lags behind, so we are still at a disadvantage in the procurement of key components. With high purchase prices and cutting-edge technologies that cannot be absorbed by Chinese companies, it is currently the biggest bottleneck for commercial vehicle companies in global procurement.
Mr. Shaarland said that the Chinese market needs patience and waiting time. John Deer also adopted such sophisticated technology from the beginning of the 20th century to the present. Only in this way can the international market occupy a place. The Chinese market is now the most important one to adjust its attitude and to better meet the challenges. Only when the Chinese market is adequately prepared, can we have more initiative to participate in the competition of international procurement with better conditions.
He finally stressed that despite the general downturn in the international market, international buyers’ purchases in China have not stagnated and international buyers are still optimistic about the Chinese market.
WANLONG CHEMICAL CO., LTD , https://www.wanlongpigment.com