There are no cattle enterprises in the car industry, and the supply chain of joint ventures is generally self-contained (the United States, South Korea and Japan are highly related to the main engine plant, the Korean and Japanese departments are closed to build factories, the American department is more open, and the German component enterprises are more decentralized and independent, with a higher degree of openness, but they always maintain a high price advantage with leading technology, and basically have no chance to meet low-end brands), and the key components of independent brands also rely on these foreign-funded component enterprises;
Can it match Mercedes-Benz and BMW? Fuyao glass can be used for domestic automobile glass, and CITIC Yu Bingxuan can be used for wheels.
Among them, CITIC Yu Bingxuan is the first manufacturer of aluminum alloy wheels in Asia and the third largest in the world. It has entered the supply chain system of most automobile enterprises in Europe and America, and should be regarded as the leader of domestic parts enterprises. However, this industry is one with high pollution and low added value. However, CITIC Yu Bingxuan recently acquired an engine foundry in Germany, which has a tendency to develop upstream auto parts.
Wanxiang is an enterprise that makes steering system, and it is unlikely to provide complete sets for foreign-funded automobile factories, because this steering system is a safety-critical component, and foreign-funded factories will not make it; Most of these private enterprises support truck factories, or concentrate in areas where there is no automobile industry or the automobile market is immature in Asia, Africa and Latin America. To put it bluntly, they make some cheap fake parts for these areas;
Not to mention steel mills, their dependence on the automobile industry is far lower than that of the construction industry. Otherwise, PetroChina and Sinopec can also be regarded as supporting the automobile industry? Automobile steel plate is the best in Baosteel, but the technical source and major shareholder of Baosteel is Nippon Steel.
China's automobile industry is big but not strong. In the final analysis, it is caused by the lack of its own independent industrial chain, which has nothing to do with the brand. Only by applying COFCO's advertising slogan "industrial chain, good products" can the brand of products be established. The strong rise of Korean cars in the world just illustrates this problem.