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Dongfeng auto parts business bigger and stronger

    Recently, the Dongfeng Motor Co., a subsidiary of the reorganization of its 15 components Dongfeng Auto Parts (Group) Co., Ltd. Shiyan City in Hubei inaugurated. Dongfeng Automobile Components (Group) Co., Ltd. from distribution in Shiyan, Xiangfan, Wuhan, Suzhou, Shanghai and other parts of the country's 15 subsidiaries. Its predecessor was the Dongfeng Nissan joint venture Dongfeng Motor Co. parts division, is one of Dongfeng Motor Co., Ltd. has five business segments. In 2009, Dongfeng spare parts sales income of 10.6 billion yuan, broke through the ten billion yuan.

    General manager of Dongfeng Automobile Company, Dongfeng Motor Co., Ltd., chairman Xu Ping said that the establishment of Dongfeng Auto Parts (Group) Co., Ltd. is a major adjustment Dongfeng spare parts management system on the Dongfeng company to accelerate stronger and bigger parts a major initiative business. Over the past 10 years, sales of Dongfeng parts lifted from 3.9 billion yuan to 10 billion yuan, an external market share from 10% to nearly 50%, especially after entering the Dongfeng Motor Co., Ltd. and its subsidiaries Division continues to accelerate the pace of internationalization, competitiveness significantly enhanced the company's overall Dongfeng bigger and stronger, especially for commercial vehicles and other vehicle industry has made a significant contribution.

    (Group) Co., Ltd., general manager of Dongfeng Automobile Components Wengyun Zhong said that Dongfeng Components Group's 15 subsidiaries, mostly simultaneous construction and developed with Dongfeng Motor Corporation. The eighties and nineties, has been the expansion of Dongfeng parts franchise reform, transformation of the company, centralized management and a series of reforms. In 2003, Dongfeng Automobile Components Division and owned 17 subsidiaries as a whole to Dongfeng Motor Co., Ltd. after Dongfeng spare parts division won a rapid development. Into 2010, Dongfeng Motor Co., Dongfeng spare parts division again reorganized, so Dongfeng spare parts division achieved by the pattern toward independent, autonomous companies operating mode of significant transformation.

    Dongfeng spare parts from a business point of view, including some core technology businesses, such as suspension bearing systems, air brake systems, steering systems, engine heating system, air intake and fuel filtration modules, automotive electronic control module, instrument sensing components. Dongfeng spare parts in addition to automobile companies supporting Dongfeng Group, also supply to other car companies, external business for more than two-thirds. Yutong, Fukuda, heavy truck, Chongqing Hongyan and other companies have business dealings with Dongfeng spare parts.

    For the Chinese parts industry, the mastery of core technologies and key components supporting resources to achieve large-scale integration, or combining the strengths is the only way. To build the core components business to improve the overall competitiveness of the company, is also one of the goals of many auto group's future development. There is an important policy background, it is countries in the "automobile industry restructuring and revitalization plan" clearly stated that "the key components of technology to achieve independence." It is because of low level of development components, is essential to improve vehicle performance standards, for Dongfeng Group, the revitalization of the components business, enhance the competitiveness of core technology, will actively promote it to win greater development in the future 

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