The impact of the hottest global financial crisis

The impact of the global financial crisis on China's parts export

the impact of the global financial crisis on China's parts export

China Construction machinery information

Guide: the impact of the global financial crisis is further expanding, and the automotive industry bears the brunt. At present, it includes general motors, Toyota, Ford, etc In order to keep the experimental machine clean, the giants, including those who have lowered the profit target of the experimental machine in fiscal year 2008 by using computers for data processing and analysis. The latest report shows that the sales volume in the United States fell by an average of 26% in September alone, the largest decline in 50 years. In this

the impact of the global financial crisis is further expanding, and the automotive industry bears the brunt. At present, giants including general motors, Toyota and Ford have lowered their profit targets for fiscal year 2008. The latest report shows that sales in the United States fell by an average of 26% in September alone, the largest decline in 50 years

how do Chinese auto parts suppliers view the export market under the downturn of the global auto industry

"the export of parts and components can be divided into two categories: export supporting market and export after-sales market", said Chen Wenkai, President of Gaishi automobile, a famous automotive e-commerce platform, "It is obvious that the total demand of the international supporting market is declining, and it may take 1 to 2 years to recover to the level at the beginning of the year. Therefore, suppliers who have participated in the international supporting market may face a very complex situation of reducing the working conditions of materials during the implementation of the planned order volume."

however, Chen Wenkai also believes that multinational companies have just begun to purchase supporting equipment from China. When these companies face more fierce competition in the local market, in order to reduce costs, as long as the appreciation of the RMB does not accelerate, there is a great possibility to expand to the parts and components purchased in China, which means that the potential for supporting export growth is still huge. Recently, the significant increase in the frequency of inquiries issued by European and American supporting buyers in Gaishi automobile is a proof

the situation of the export after-sales market is slightly different: the demand of the after-sales market is much smaller than that of the supporting market. In the first half of the year, the demand of the American after-sales market also maintained an increase of about 5%, largely because many people saved money and repaired old cars instead of buying new ones. More European and American consumers may be willing to choose Chinese products with more competitive prices during this period, which may mean more opportunities for Chinese enterprises. In short, for most Chinese local parts companies, the impact of the decline in total demand in the international market due to the financial crisis on exports is less than the impact of the rapid appreciation of the RMB on exports

in the dilemma of overseas auto parts market, domestic enterprises are generally confused. In this regard, Chen Wenkai said that the crisis is also a new vitality from another perspective. At present, auto parts enterprises should take the initiative to contact buyers, effectively help buyers reduce procurement costs, and jointly advance and retreat to create a win-win situation. The procurement cycle of the supporting market is often as long as years, and the procurement cycle of the information market that records the layout of the text from the after-sales service will take at least half a year, so the real supply may be half a year or even two years later. At that time, the crisis may have passed, but in this difficult time, it is undoubtedly the best time to actively extend an olive branch to the buyer, which is undoubtedly the best time to develop new buyers