The Japanese car crisis has affected the parts companies or the automobile industry chain as a whole.

After the issue of Sino-Japanese relations affects the production and sales of Japanese automakers in China, the negative impact is further deepening and spreading. “At present, the business of our company has been affected, and the number of orders received has dropped by about 20% year-on-year. This is mainly due to the decline in the business of Japanese car companies in China.” A Japanese joint venture in China that is not willing to be named The sales personnel of the component manufacturing companies said in an interview with the reporter of "Daily Economic News". "If the contradictions have not been resolved, not only will the Japanese auto industry suffer a huge blow in the future, it is likely that China's auto industry chain will also be frustrated." Zhao Ying, director of the Industrial Development Office of the Institute of Industrial Economics of the Chinese Academy of Social Sciences, predicts. Shang Yugui, deputy general manager of Great Wall Motor Sales Co., said: "At present, the impact of Sino-Japanese contradictions on the auto industry has not affected the independent brands such as the Great Wall, but I have to admit that some parts of the Great Wall's various models used in the power system are from Japan. In this way, if the Sino-Japanese conflict further deteriorates, the impact of Sino-Japanese auto parts trade will be further upgraded, and independent brands may also be affected. Not only that, due to the high localization of the Japanese auto industry in China, "in the future, the upstream parts companies and downstream service industries will be implicated." Some experts predict. The first damage to Japanese component companies was the Japanese automakers in China. According to statistics from the China Association of Automobile Manufacturers, Japanese car sales in September fell 40.8% year-on-year, with Nissan, Toyota and Honda losing most. Among them, Toyota sold 44,100 vehicles in September, down 48.9% year-on-year; Nissan was 76,100 units, down 35.3% year-on-year; Honda was 33,931 units, down 40.5% year-on-year. Affected not only include Japanese joint ventures in China, but also local Japanese automakers. "Nihon Keizai Shimbun" reported that according to the latest data released by eight major automobile manufacturers in Japan, domestic cars produced 734,341 vehicles in September, a year-on-year decrease of 12.2%. Except for Fuji Heavy Industries, the output of other Japanese automakers was lower than last year, with Toyota, Nissan and Mazda's output decreasing by 12.2%, 13.9% and 20.9% respectively. In October, this influence has not weakened, but it has spread further, and has even spread to Japanese parts and components companies in China. A salesperson of a Japanese joint-venture parts manufacturing company in China, who was unwilling to be named, said in an interview with the reporter of "Daily Economic News" that "our company mainly provides some interior accessories for Japanese car companies such as Toyota and Honda. Currently we The company's business has been affected, and the number of orders received has dropped by about 20% year-on-year. From the current point of view, this situation does not seem to improve, and the business volume is likely to continue to decline by the end of the year.” Many other Japanese companies in China The parts manufacturer business has been hit hard, and the small wire factory is another representative. It is understood that the small wire factory is a large Japanese car manufacturer, a large part of orders from Toyota, Honda and other Japanese car companies. Due to the decline in sales of these car companies, the company's Guangzhou plant capacity has been halved, and the new plant's capital increase and production plan, which was scheduled to start in 2013, has also been stranded. While the self-owned brand or affected is hit hard by the Japanese auto industry, it may be difficult for China's own brands with high dependence. "At present, the contradiction between China and Japan has little impact on us. We are very smooth with Japanese suppliers, including Japanese suppliers in China." Shang Yugui said. The insiders believe that: "As the impact of China-Japan relations has a certain lag, it is still difficult to determine. After all, China's dependence on Japan's parts industry is too high." "We must admit this," Yu Gui said frankly, "Although Great Wall Motor has been determined to independently research and develop for many years, the power systems of many models are still from Japanese companies, and even some components of self-developed equipment are imported from Japan." Not only the Great Wall, Chery, Geely, Jianghuai and even some of the independent brands of China's large automobile group are inextricably linked with “Made in Japan” in terms of spare parts, which is bound to the high number of auto parts exports from Japan to China over the years. According to statistics from China Customs in 2010, China’s imports of auto parts from Japan reached US$10.9 billion in that year, with a total import value of US$27.3 billion, accounting for 39.9% of total auto parts imports. From the perspective of parts classification, the import of transmission system, brake system, engine parts and steering system parts accounted for 53.6%, 45.9%, 43.4%, 40.6% and 34.7% of the proportion of China's corresponding categories of parts and components in 2010. Guangzhou imported 680 million US auto parts in 2010, almost all from Japan. Although Japanese parts and components companies continue to enter the Chinese market to carry out localized production, many parts and components are no longer required to be imported, but many upstream suppliers of these parts and components companies still come from Japan. Take the Mitsubishi engine, which is currently used by domestic independent brands, as an example. “Mitsubishi has two engine production bases in China, and the localization rate has reached more than 90%. However, some parts of some models still need to be imported from Japan. A person in charge of Mitsubishi Corporation told reporters. Therefore, if the Sino-Japanese conflict has not been resolved and further affects Sino-Japanese trade, "not only will Japan's auto industry be hit hard, but it is likely that China's own brands will also be implicated in the future." Zhao Ying predicted. According to statistics, the auto parts trade exported to China in September has begun to decline. Among them, the number of Japanese parts exported to China fell by 19.8% year-on-year, and the amount fell by 17.5%. Will the related industries be affected by this influence, will it gradually expand to the Chinese automobile industry chain? A Japanese joint venture car company staff said: "At present, some of the Japanese auto companies and component suppliers are affected. It is foreseeable that some upstream domestic suppliers and downstream sales and service companies related to these companies in the future. It is likely to be implicated." The forecast of the Japanese car company staff is not unreasonable. At present, the localization rate of most Japanese automakers in China has reached more than 90%. Some of the localized parts come from Japanese parts manufacturers in China, and a considerable part of them are from domestic zero. Parts supplier. At the same time as the Japanese car manufacturers cut production in China, this part of the local parts suppliers to cut production is imminent. A domestic supplier of fasteners for Japanese companies said: “Japanese companies are our biggest customers. Due to their reduced production, we are now forced to make corresponding production reduction plans. On the other hand, we are also looking for independent brands and German and American car companies are new business partners to ensure business volume.” While upstream component suppliers are affected, downstream companies are also feeling the chill. Che Shaohua, secretary of the board of directors of the automobile sales company, said: "Since our group has represented Subaru's wholesale and spare parts supply business in China, although the repair and maintenance of the Subaru brand has not been delayed due to the import of spare parts, the current The import cycle is still about 45~60 days, but it is hard to say whether there is any impact in the future.” A public relations planning company that settled in Guangzhou and mainly served for Japanese car companies also suspended all promotion planning in Japan because of its business. Impact. A staff member of the company said: "Our company's biggest customer is this Japanese company. After it suspends related business, our work is also idle. In the case of reduced business volume, the individual's year-end bonus may be However, the industry's senior analyst Jia Xinguang said: "The industry insiders do not have to be too pessimistic, this situation will soon improve, and this has been seen."

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