On November 1st, 2008 “China High-level Forum on Auto Parts Industry†was held in Xi’an. This forum brought together the elites of the national auto parts industry, analyzed the impact of the current international financial crisis on the company, and discussed the future of China's auto parts industry. Some delegates believed that "the global financial crisis has provided China's auto parts industry with a very good opportunity for reshuffling and integration."
In regard to how to treat the impact of the global financial crisis on China's auto parts industry, Mr. Li Weili of the National Information Center made it clear that the financial crisis will promote the international transfer of parts and components industry. In this transformation of economic structure, in 2009, the domestic The auto parts industry should not have too bad results.
Feng Shiming, marketing manager of BorgWarner China, said in his speech that the just-built BorgWarner China Technology Center demonstrated the company’s determination to continue to invest in China and grow together with the Chinese automotive industry in the context of global tightening. He believes that China's domestic market for second- and third-tier cities will continue to support the strengthening of China's auto industry.
In the United States, the country most affected by the financial crisis, although the shares of General Motors and Delphi have fallen to a relatively low level, there are still companies that have been strong. Mr. Hu Xiong, the Vice President of U.S. Auto Parts Trading (Shanghai) Co., Ltd., took Auto Zone, the US auto market giant, as an example to introduce that the company’s business had not been affected by the financial turmoil until September of this year. There is an increase. Hu Xiong recently inspected many American auto parts markets, and he believes that the auto aftermarket is engaged in stock economy activities. In the case of an unprecedented virtual economy, the aftermarket is a good haven, and the auto repair chain is The best way to operate in the post market.
Similar to Hu Xiong, there is Dr. Tang Wenxian, Vice President of CCID Consulting. He believes that China's geographic size and auto aftermarket model are similar to those of the United States. The domestic auto parts market should refer to the model of chain operation of home appliances and home furnishing industries to establish links with automakers, integrate market channels, and establish “such as the United States and the United Statesâ€. "Red Star Macalline" brand chain business model.
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