In 2003, China auto sales hit 4000000 units; 10 months of 2013 years ago, China auto sales hit 17800000 units, the annual breakthrough 20000000 units is a foregone conclusion. Ten years, the scale Chinese car market increased two fold more, auto parts industry also experienced unusual growth period. According to statistics, from 2003 to 2012, China’s sales of automotive parts and accessories increased from 300300000000 yuan to 2226730000000 yuan, a net increase of nearly 2 yuan. In the market scale at the same time, parts enterprises new product development and technological innovation has been fruitful, more a part of parts enterprises began to go abroad, exports, overseas mergers and acquisitions, to invest and build factories, to be resourceful. in the international arena, write out the edges of the re color pages.

Market size and increase in strength In ten years, China’s auto parts market continues to expand the scale. In 2012, auto parts exports totaled $55322000000, including automotive parts, accessories and body export amount of $27877000000, a year-on-year growth of 2.74%. Some domestic auto parts enterprises market scale is constantly expanding, and very broad prospects for development. For example, fast sales grow from 1170000000 yuan in 2003 to 8170000000 yuan in 2012, up about 7 times; Hangsheng annual output rose from 800000000 yuan in 2003 to 3000000000 Yuan in 2012; Wuxi product sales revenue in 2003, only 4790000000 yuan, in 2010 exceeded 10000000000 yuan, sales income of 13050000000 yuan. These changes in the data that we intuitively saw great changes in domestic auto parts enterprises for ten years in the scale of. In addition, with the continuous expansion of the scale of enterprises and the continuous improvement of the performance, successfully appeared in the "2013 China auto parts enterprises hundred list" many auto parts enterprises, such as Weichai Power Limited by Share Ltd, Shaanxi fast Gear Co. Ltd., Shaanxi Han de axle Co. Ltd., Nanjing aotejia refrigerator Co. ltd.. In addition, Weichai Power, Dechang Zhongce Rubber, motor, Linglong tires and CITIC Dicastal five enterprises by virtue of not lose large parts of world enterprise strength, into the "2013 top 100 international auto parts enterprises".

new products, new technology research and development investment increased Product technical strength is the core factor for enterprises in market competition. Foreign parts enterprise strength comes from the huge investment in research and development and technology innovation constantly, the domestic enterprises has been the lack of. But with the auto parts market competition intensifies, the domestic parts enterprises gradually increase R & D on new products and new technology into. According to this sort of automotive listing Corporation operating income of top of R & D input data of 30 enterprises in 2012 annual report shows, most enterprise R & D investment accounted for the proportion of business income of an average of 2.70%, investment amount for an average of 244000000 yuan, than last year increase. Among them, the R & D of Weichai Power Investment business income accounted for the proportion of 4.14%, the total amount of 1996000000 yuan. Yunnei power in 2012 R & D investment growth of 22.15% over the same period last year, has increased the "D25TCI electronically controlled common rail project", "Euro 5 diesel engine development" and other R & D project investment. R & D investment increase is a direct consequence of, in recent years, the auto parts industry emerged many new technologies, new products, such as in cylinder direct injection technology, high pressure common rail electronic control technology, dual clutch transmission technology in recent years, turbocharger technology has been continuously upgrade. New products last year, Yuchai’s five natural gas engine series products, Sheng Rui independently developed the world’s first front 8 speed automatic transmission. In addition, many parts enterprises to strengthen the new products and new technology research and development, have established a state-level technology center, such as Shaanxi fast auto drive group company, Liaoning Shuguang Automotive Group Limited by Share Ltd, Polytron Technologies Inc, Zhejiang, Hunan Tyen Machinery Co. ltd..