6th June 2008, 01:14 am
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.
28th May 2008, 12:43 pm
international car part leaders speed up on china market
in last few years,china auto industry has developed rapidly.the requirement of the whole car manufacturer grow.100s millions market of car maintainance and auto refitting. all these things make car part leaders eager to engage in china car part market
DENSO as the second biggest car part manufacturer of the world unfortunately is known queit few. a lot of people in china still think they only made spark plug. also that is a great product but DENSO is definetly not just that. at last fical year sale of DENSO is 1.49 billion dollar.
DENSO is still searching for their partner in china
Mahle auto part facing the same kind of problem also it is known as the biggest piston manufacturer,but it still known little by chinese
Mahle and bosch joint venture a new company to develop china market at apr 2008
at 2007 Mahle sales 1.1 billion RMB in china increase 140% compare to 2006
6th May 2008, 02:59 am
Chrysler LLC, the U.S. third largest car maker, has no plan to withdraw from its Chinese joint venture with Daimler AG and Beijing Automotive Industry Co, Beijing Benz Daimler Chrysler Automotive Co Ltd (BBDC), as it aims to speed up its expansion in the country’s sizzling auto market and to catch up with rivals, according to an senior executive at Chrysler. Continue reading ‘Chrysler: no plans to quit Chinese venture’ »
6th May 2008, 01:37 am
JINZHOU CITY, Liaoning, China — Wonder Auto Technology, Inc. (”Wonder Auto” or the “Company”), a leading manufacturer of automotive electrical and suspension parts in China, today announced that it will report financial results for the 2008 first quarter ended March 31, 2008, before the market opens on Wednesday, May 14, 2008.
The Company will host a conference call, to be simultaneously Webcast, on Wednesday, May 14 at 8:30 a.m. Eastern Daylight Time / 8:30 p.m. Beijing Time. Continue reading ‘Wonder Auto Technology to Announce 2008 First Quarter Financial Results on May 14’ »