Sliding rail motor bracket
- Commodity name: Sliding rail motor bracket
- Commodity ID: 1191888215619555328
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Automotive parts processing refers to the individual components that make up the overall automotive parts processing system, as well as the products that support this process. As the foundation of the automotive industry, automotive parts are an essential factor in sustaining the industry’s continued and healthy development.
Product Details
Automotive parts processing refers to the individual components that make up the overall automotive parts processing system, as well as the products that support and serve this process.
Automotive components, as the foundation of the automotive industry, are an indispensable factor in sustaining its steady and healthy development. In particular, the vigorous and ongoing efforts in independent R&D and innovation within the industry today rely even more on a robust components ecosystem for support. The development of indigenous vehicle brands and technological innovation depend on a solid components base, while innovative R&D in components, in turn, serves as a powerful driver for the growth of the vehicle manufacturing sector. These two elements exert mutual influence and interaction: without strong indigenous vehicle brands, it is difficult to unleash the full potential of R&D and innovation in a robust components system; conversely, without the backing of such a system, the scaling up and strengthening of indigenous brands will be hard to sustain.
From January to December 2005, all Chinese manufacturers of automotive parts and accessories recorded a cumulative gross industrial output value of RMB 383,800.952 million, up 18.67% year on year; cumulative product sales revenue reached RMB 375,265.815 million, an increase of 20.21% over the same period last year; and total cumulative profits amounted to RMB 21,462.002 million, a decrease of 9.09% compared with the corresponding period of the previous year.
From January to December 2006, all Chinese manufacturers of automotive parts and accessories recorded a cumulative gross industrial output value of RMB 539,704.996 million, up 34.35% year on year; cumulative product sales revenue reached RMB 527,234.933 million, an increase of 34.71% over the same period last year; and total cumulative profits amounted to RMB 32,605.652 million, up 46.79% year on year. As of the end of December 2006, the number of enterprises above designated size in the industry stood at 6,142.
From January to November 2007, all Chinese manufacturers of automotive parts and accessories recorded a cumulative gross industrial output value of RMB 683,525.503 million, up 37.34% year on year; cumulative product sales revenue reached RMB 663,529.269 million, an increase of 37.45% over the same period last year; and total cumulative profits amounted to RMB 48,487.363 million, representing a year-on-year rise of 68.61%. As of the end of November 2007, the number of enterprises in the industry above designated size stood at 7,171.
Based on the industry’s performance from January to October 2010, total profits in the automotive parts sector continued to grow, albeit at a slower pace; both import and export values also increased, but imports were dominated by high-margin, high-value-added, high-tech products such as transmissions and engine components, while exports were mainly labor-intensive and resource-consuming goods with low entry barriers and thin margins, including tires and electronic instruments and meters. Meanwhile, the downstream vehicle manufacturing industry experienced a period of overcapacity; although it posted unusually rapid growth in 2010 thanks to various government stimulus measures, production and sales growth slowed in 2011 and pressure from excess capacity intensified. As a result, the parts industry may face substantial profit pressures in the second half of the year. The main challenge facing the industry is being squeezed from both upstream and downstream ends, resulting in dual pressure: the automotive parts sector is caught in a “sandwich” position, with limited bargaining power vis-à-vis both upstream suppliers and downstream vehicle manufacturers. Upstream raw materials—primarily steel, rubber, plastics, and textiles—are priced according to trends in bulk commodities such as steel, oil, and natural rubber, leaving auto-parts firms with little choice but to manage risk by closely monitoring these price movements. At the same time, downstream vehicle manufacturers are typically large corporations or conglomerates that hold a strong negotiating position in their dealings with parts suppliers, enabling them to exert considerable cost-pressure and pass on these costs to the auto-parts industry. Consequently, parts suppliers find themselves effectively trapped in a “sandwich” situation, squeezed from both ends.
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