Summary and Prospect of China's Auto Parts Industry
  • 2020-02-01 19:25:42

Auto Parts and components industry in 2019: main business income is declining, corporate profits are narrowing; enterprises focus on the "new four modernizations", accelerate production capacity layout, and focus on new energy and intelligent networking in the product level; the automotive aftermarket has huge potential and overall The positive trend remains unchanged. Challenges and opportunities coexist in 2020, and overall development is good, and core technology is the key.

Reprinted from: China Automotive Industry Information Network

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