The financial crisis brings new opportunities to China's auto parts enterprises

Under the impact of the financial crisis, China's auto parts industry has been affected, but some parts and components companies have also taken the opportunity to increase their independent research and development efforts and improve their innovation capabilities. Some industry experts said that in the crisis, China's auto parts companies are facing new opportunities for development.

Recently, the number of cooperation orders received by the State Key Laboratory of Automotive Dynamic Simulation of Jilin University has increased a lot. Many auto parts companies are seeking technical support for colleges for the first time. With the help of automotive dynamic simulation laboratories, these companies can shorten the development cycle of new auto parts, reduce R&D costs, and improve the ability to follow the same manufacturers' production through vehicle performance simulation.

Guan Xin, dean of the School of Automotive Engineering at Jilin University, said that small scale and poor technology have always been shortcomings for China's auto parts companies. Whether it is the whole vehicle or parts production, most of them use physical testing, which has high cost and long cycle, and computer simulation technology is widely used in the world for research and development.

"In Jilin Province, for example, although there are many auto parts companies, there are not many supporting bases with high value-added parts production capacity, because the independent research and development capabilities are poor." Guan Xin said.

Although the financial crisis has brought certain impacts on China's auto parts enterprises, Guan Xin believes that international auto parts giants have begun to shrink their strategies, while some domestic parts and components companies have recognized the importance of independent research and development. If we can seize the opportunity and increase investment in the synchronous development capability of the whole vehicle, then the company will certainly occupy a favorable competitive position after the market recovers.

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