| Rising prices in all automotive components |
The further rise in oil prices beginning to show results, almost all the auto parts prices are on the rise. This means that manufacturers of procurement costs will increase further. BLOOMBERG the latest news, Asia's largest glass manufacturers, the Japanese automotive glass manufacturing giant has ASAHIGLASS Toyota, Honda and other Asian car manufacturers to reach an agreement, will be the overall automotive glass price increases of 10%. Affected by this news, ASAHIGLASS Tuesday shares rose 2.2 percent to 1,336 yen per share. ASAHIGLASS made this decision because of higher oil prices, Cocoa will lead to manufacture glass less fuel and raw materials prices rose. The car manufacturers are forced to accept this price adjustment, "Shengtun the extra cost," The fundamental reason lies in the overall global vehicle production is still oversupply situation. Auto prices is the result of increased sales is damaged, none of this dangerous enterprise Yuanyi Mao. Even a Toyota. The key domestic car manufacturer Fuyao Glass luck is not so good, or because its position has not laid the political arena, not enough strength to negotiate with the manufacturers can HS price level. As the main raw materials of automotive glass soda, in 2008 the first five months of the end of 2007 than the average price has climbed about 20 percent. In addition, automotive glass manufacturers need to consume a large amount of heavy oil, in 2008 all the way since the international crude oil prices soaring, the current stability in about 130 U.S. dollars, Fuyao Glass on the same cost control resulted in greater pressure. Fuyao in terms of price hikes for what is obviously not a good thing. Fuyao Glass opened the first quarter 2008 performance report found that its main business of float glass and car-mail the decline in gross margin, gross profit margins from sales of mid-2007 to 37.69 percent decline in the first quarter of 2008 32.95%. If the car manufacturers strong enough, then this part of the rising cost pressures glass manufacturers will be temporarily out of self-digestion, except when oil prices for automotive glass manufacturers to expand the pressure on the cost of losses. Otherwise, "Diantaiqike" the general context of commercial law. Automotive glass manufacturers have had to silence to digest out redundant costs. However, other parts manufacturers obviously do not have such a great cost to digest space, automotive parts and components manufacturers purchase prices rose because of a comprehensive, and some auto parts have been unable to digest because of the rise in the cost to the enterprise itself the profit pressure. Shenyin Wanguo to the rise in oil prices impact on the automotive industry Industry said in a report: the soaring oil prices will increase industry manufacturing costs. The automobile industry is a very wide scope of the industry, car used by a lot of raw materials such as tyres, plastics, glass and so on oil as raw material, crude oil price movements will lead the changes in the prices of industrial raw materials. As the current domestic natural rubber prices have convergence with the international natural rubber prices, the domestic refined oil price hike little effect on the price of natural rubber, natural rubber that will not cause prices to rise, then prices would not lead to tire, if the international oil Prices continue to rise, the price of automobile tires, and so there is still room for increase, the cost of car manufacturers will still have a certain pressure. On the other hand, the rise in oil prices led to higher prices in all the parts and components, parts and components exports began to inhibit the results, China is now the world's major exporter of parts and components, the results of parts and components tremendous impact on the overall development. Global business consulting firm Al-ixPartners latest research results show that, due to the appreciation of the renminbi, rising raw material prices and other factors, China's exports of parts and components and parts of the cost increase by 16 percent, and foreign buyers interested in parts of China started to decline gradually reduce the , The scale of procurement. Because of the lack of high value-added products, in 2010 there will be 16 billion U.S. dollars of orders to flee parts of China. Oil prices break through 130 U.S. dollars; global automotive steel giant Nippon Steel price increases of 30% of Toyota Motor, the price per ton more than 100,000 yen, hit 26 to the highest price in the Tokyo Stock Exchange, the rubber set in June 2006 a new high since the . In key raw materials and energy continued to rise as a backdrop, the auto parts industry chain links, manufacturers mixed reactions: tire giants do not hesitate to choose the price hikes, but most auto parts enterprises can only choose to maintain the original price. International auto industry chain of distribution of profits of about 5:3:2, that is, automotive parts and components industry chain enterprises accounted for about 50 percent of the total profits; vehicle manufacturing enterprises accounted for about 30 percent of trade in the car who was about 20 percent of the profits. However, since many parts enterprises, the concentration of less than vehicle, bargaining power is not strong, so, in fact parts of the enterprises below the average rate of return on investment vehicle. In overseas markets, the crisis also began to Xixiang China's auto parts industry. Global consulting firm PAC Group survey data shows that in 2008, General Motors, Toyota, Ford, and other three auto giants in China, the procurement of spare parts will reduce the expected value of 8 billion U.S. dollars in 2010, the three auto giants in China will reduce purchases or 16 billion U.S. dollars. This is just the beginning. International crude oil prices are still rising, ordinary Chinese car prices from 2003 up to now been doubled. When international oil prices break through 200 U.S. dollars when China will move toward parts and components enterprises where |
