made in china auto parts crisis

6th June 2008, 01:14 am

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http://auto-part-manufacturer.net—recently china auto part company face the crisis that never had. since 2005 china auto part export has became one of the largest income of china auto parts manufacturers.but the dont have any Competitiveness except low prices. due to the exchange rate of RMB change dramatic and the steel price rise, china auto part manufacturers can not offer low price anymore.
according to one of the bottom manufacturers saids to reporter that baosteel has raise the steel price 10% to them.they have no choice but except it.

due to the price crisis made in china auto part has lost over 10 millions USD orders

vice-secretary-general of china auto part association dong jian ping said: the only way to avoid this kind crisis is to change from “made in china” to “create by china” which means that china auto part should spend more money and energy on create the core Competitiveness like technology,quality.

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