Auto parts as a basis for the automobile industry, is an essential element to support sustainable and healthy development of the automobile industry. Especially in the current auto industry is vigorous, self-development and innovation carried out in full swing, but needs a strong system of components for support. Vehicle its own brand and technological innovation as a basis need spare parts, spare parts for innovation and the development of a strong driving force for the vehicle industry, they influence each other, interact, there is no vehicle of its own brand, powerful system components research and innovation capacity hard burst, no support, forcing its own brand to do masterpiece strong parts of the system unsustainable.

According to "China's auto parts manufacturing industry, market demand and Investment Analysis Report Preview" statistics, from January to December 2005, China's total auto parts and accessories manufacturing enterprises realized a total industrial output value of 383,800,952 yuan, an increase over the previous year 18.67%; to achieve total sales revenue of 375,265,815 yuan, an increase over the previous year 20.21%; to achieve cumulative total profit of 21,462,002 thousand dollars, 9.09 percent lower than the same period last year. [2]

January to December 2006, China's total auto parts and accessories manufacturing enterprises realized a total industrial output value of 539,704,996 yuan, an increase over the previous year 34.35%; to achieve total sales revenue of 527,234,933 yuan, an increase over the previous year 34.71%; achieve cumulative total profit of 32,605,652 yuan, an increase over the previous year 46.79%; as of the end of December 2006, the number of industry enterprises above designated size was 6,142 homes.

2007 January to November, China's total auto parts and accessories manufacturing enterprises realized a total industrial output value of 683,525,503 yuan, an increase of 37.34% over the previous year; to achieve total sales revenue of 663,529,269 yuan, an increase of 37.45 over the previous year %; achieve cumulative total profit of 48,487,363 thousand dollars, over the previous year an increase of 68.61%; as of the end of November 2007, the number of industry enterprises above designated size was 7,171 homes.

From January 2010 - the industry's operation in October, the auto parts industry total profits are still growing, but growth is slowing; both import and export volume is also growing, but imports to the gearbox and engine parts, high-margin, high value-added, high-tech products, export products to tire, electronic instrumentation, and other low barriers to entry, thin profit-oriented labor-intensive and resource-consuming. Downstream vehicle industry in a certain period of excess capacity, although in 2010 there have been unusual in the country's rapid growth the stimulus, but 2011 sales slowdown, overcapacity pressures, affected, parts industry under pressure in the second half may be a large profit. On the main issues facing the industry downstream ends by squeezing, the industry faces the dual pressures by squeezing parts industry are two of the industry, the lack of bargaining power on the upstream and downstream. Upstream raw materials are mainly steel, rubber, plastic, fabric, etc., the price ultimately determined by the iron and steel, petroleum, natural rubber and other commodity prices, auto parts enterprises can only upstream commodity price movements to determine risk-averse. Meanwhile, the downstream vehicle manufacturers are mostly large enterprises and groups, in the interests of the game and parts manufacturers in a strong position, strong negotiation skills, be able to pass on cost pressures auto parts industry, therefore, it is actually in two parts by squeezing the "sandwich" sandwich position.

In 2011, China's auto parts sales output value has exceeded 2 trillion yuan, the next few years will remain more than 20% increase. 2015 the scale of China's auto parts industry output value reached 2.5 trillion yuan. Since 2002, China's automobile production and sales maintained a nearly 10 years of rapid growth, the automotive industry has developed into a pillar industry of China's economy. In 2009, China's automobile production and sales both exceeded 13 million, ranking first in the world by 2011, China's auto sales exceeded 19 million, for three consecutive years, ranking first in the world.

With the growing competition in the auto parts industry, large auto parts business merger integration and capital operation is becoming more frequent, more and more attention to outstanding domestic auto parts manufacturers market research on the industry, especially for enterprise development environment and depth study of customer demand trends change. Because of this, a large number of outstanding domestic auto parts brand rapid rise, has become a leader in the automotive parts industry!

Domestic auto parts primarily for its own brand, the market share of low-Commerce Department data show that foreign control of the vast majority of market share in automotive parts, domestic parts sales accounted for only 20% -25% of the entire industry, with foreign background auto parts manufacturers account for more than 75% of the entire industry, in these foreign suppliers, 55 per cent-owned enterprises, joint ventures accounted for 45% local parts are mainly used in its own brand cars, market share is low. In the areas of automotive electronics and other high-tech engine parts, foreign market share as high as 90%, the yield of which, the car's EFI systems, engine management systems, ABS and airbags, automatic transmission and other core components, the foreign-funded enterprises proportion were 100%, 100% and 91%, 69%.

Auto parts manufacturers from the automobile companies and the formation of specialized components group, is becoming a global trend. The world's leading automobile and auto parts enterprises, almost all of China to establish a joint venture or wholly-owned enterprises, the introduction of technology has more than 1000 joint ventures. Number of domestic high-tech, effective, large-scale automobile and auto parts enterprises to gradually grow up. As the international automotive industry began to implement parts of "globalization procurement" strategy and international multinational auto companies implement localization strategy, the domestic market will be a huge gap in parts accessories. By 2010, China's auto parts domestic output value will reach 70 billion yuan.

In a certain period, although the overall decline in the global economy, but based on the actual procurement practices past four to five years, China purchasing results are not as optimistic prediction of a large number of companies, more than almost 80% of companies did not meet their purchases and procurement descending cost targets. With the decline in the appreciation of the RMB and the export tax rebate rate, China is facing greater pressure of procurement, international buyers have to look simultaneously transferred to other countries and regions of Vietnam, India, Thailand, Australia and so on. From the above it seems, China's auto parts industry will continue to accelerate growth in the current financial crisis.