Four Types of China's Auto Part Manufacturers

China's auto part manufacturers can be divided into the following four types: the first is part plants affiliated to large automotive groups. Depending on state-owned parent groups, these plants are accustomed to China's traditional plan production mode and deviates from market orientation in price mechanism. The second is state-owned part manufacturers most of which are acquired due to long-term poor management. The third is private companies, most of which are developing quickly and shoulder the future of China's auto part industry to some extent. The fourth is small factories. Due to the old management system and low-level quality guarantee system, these factories can hardly exist, not to mention develop. Most likely they will be out of the market or be acquired in the near future.

Four Types of China's Auto Part Manufacturers


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