The impact of the global financial crisis is spreading upstream and downstream of the automotive industry chain. The reporter saw on the opening of the Shanghai International Auto Parts, Maintenance Testing and Diagnostic Equipment and Service Products Exhibition opened on the 10th that the enthusiasm of exhibitors at home and abroad was unprecedentedly high, but the number of visitors on the first day decreased significantly, and overseas buyers also decreased significantly.
“This time, organizing exhibitions can help Chinese and foreign parts companies get out of their difficulties and find a way out,†Wang Songlin, vice president of China National Machinery Industry Corporation, told reporters yesterday.
It is understood that many exhibitors have high expectations for this exhibition, especially export-oriented enterprises, and hope to open up more overseas markets. The reporter learned from organizer Frankfurt (Exhibition) Shanghai Co., Ltd. that this exhibition attracted a total of 1,900 exhibitors of spare parts, maintenance testing and diagnostic equipment and service articles from 23 countries and regions, which increased nearly 40% over the previous session. The exhibition area increased by 80% from last year to 92,000 square meters.
An exhibitor from Wenzhou said that for a long time, due to high export profits and market regulations, 80% of the company's business comes from exports, and only 20% of domestic vehicles are matched. Affected by the financial crisis, peers have closed down, and he is also considering turning to the domestic aftermarket.
Zheng Dazhi, general manager of Bosch Trading (Shanghai) Co., Ltd., told reporters that Bosch is expanding its product line and at the beginning of this year, it also acquired Jinde Instruments and Bussbat in Shenzhen. It is understood that the Bosch Group has also spent huge sums of money to establish a winter automobile testing center in Yakeshi, Inner Mongolia, for the matching and testing of active safety systems such as ABS, TCS and ESP for vehicle companies in China and the Asia Pacific region. Brand car companies will become their customers. This move is also seen as a move by Bosch to monopolize China's ESP.
Dong Jianping, deputy secretary-general of the China Association of Automobile Manufacturers, said that he does not approve of the overall corporate acquisition and hopes that domestic companies will seize the opportunity to attract talents and technologies, use overseas resources, and continue to expand exports in the aftermarket.
According to the latest statistics from the China Association of Automobile Manufacturers, in October, China’s auto parts, accessories, and body exports totaled 1.561 billion U.S. dollars, up 17.49% year-on-year, but down 9.02% month-on-month; automobile and motorcycle tire exports were 577 million U.S. dollars, up 15.7% year-on-year. This was a decrease of 16.32% from the previous quarter.
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