70% of world auto part manufacturers have rooted in China
According to statistics, 70% of world top auto part manufacturers are setting up factories in China. At present, the number of foreign auto parts manufacturers investing in China has surpassed 1,200.
In order to cut costs, world vehicle manufacturers are trying to find parts suppliers in China. Products of Bosch, Deerfu, Denso and other world giants produced in China are not only supplying Chinese Automakers but also supplying oversea manufacturers.
According to statistics of relevant organizations, MNCs are planning to purchase auto parts of 50 billion US Dollars, 70% of which are planned to buy from China.
Competitive products of Chinese manufacturers are electronic parts, casting parts and some other labor-intensive products.
- SINOTRUK Handover the Second Batch of Electric Autonomous Trucks to Tianjin Port 2020-08-20
- Dongfeng 5G + Autonomous Driving Container Trucks Go Into Trial Operation 2020-05-15
- Dongfeng and Inceptio to Roll Off L3 Autonomous Heavy-duty Trucks by Late 2021 2020-05-06
- Dongfeng Trucks Available in Cagayan De Oro, in Philippines 2020-03-16
- Foton Attends Pakistan Auto Show 2020 in Lahore 2020-02-25
- JAC Shines at the 2019 Macau Auto Show 2019-10-29
- Allison Transmission Announces Launch of 9-speed Transmission at Auto Shanghai 2019-04-22
- Cummins Attends Shanghai International Auto Show 2019-04-18
- SINOTRUK to Exhibit Five New Vehicles and Two Spare Parts at Shanghai Auto Show 2019-04-16
- JAC Attended 2018 China(Macau) International Automobile Exposition 2018-11-06
Submit Your Requirements, We Are Always At Your Service.
- BYD Starts Operating Its Battery Factory in Brazil
- Kenworth Produces Last Severe-Service K500 Cabover
- Dongfeng Starts Construction on Its New Factory in Shiyan
- LNG Truck Sales Expected to Reach 113 Thousand Units by End of 2020
- ZOOMLION Listed in China’s 500 Most Valuable Brands for 17 Consecutive Years
- ZOOMLION’s 38m Truck Mounted Pump for India Rolls off Assembly Line
- Foton Signed a Strategic Cooperation Framework Agreement with Weichai
- Foton's Brand Value Reached 168.592 Billion RMB
- JAC and VW Cooperation Process
- Hyundai Targets 15% of European Hydrogen Truck Market by 2030
- Chinese Heavy Truck Makers Set Higher Sales Targets for 2020
- JAC Truck Achieves 23,000 Units Sales in July, a 40.8% YoY Growth
- China’s Tractor Sales Saw Surging Growth in July
- Foton's July Truck Sales Seen Surging Growth
- China’s Heavy Truck Sales Hit New High in July
- Foton Overseas Sales Grow Against the Trend in H1, 2020
- China's Pickup Truck Output And Sales Went Up in June
- China’s Medium-size Trucks Sales Totalled 13,000 Units, Up 36.8% Year-on-Year
- Hongyan Tops the Dumper Sales List in June
- JAC Light Duty Truck Sales Exceeds 100 Thousands Units with 6% YoY Growth in H1
