Car wheels is an important part of automotive components, along with the growth of China's auto parts industry, wheel industry has grown up. Since 2010, macroeconomic policies based on stimulating domestic demand have provided the basis and guarantee for the steady development of the automotive industry. Judging from the trend of the automotive market in 2010, the impact of macroeconomic policies on the automotive market throughout the year, the annual production and sales of automobiles reached 18,264,700 units and 18,016,900 units respectively, and the production and sales reached a new high, continuing to maintain the world’s first car production and consumption. State status. In 2012, the economy continued to maintain stable growth, and the production and sales of automobiles are expected to continue to gain a larger increase. In 2011, China's auto production is expected to exceed 20 million vehicles, and in 2015 it will reach 25 million vehicles. In the long run, the rapid growth of China's GDP has provided the automotive industry with ample room for demand, and the demand for automobile wheels will increase with the growth of car sales. China's auto sales are expected to continue to grow steadily in the next few years, providing opportunities for the automotive wheel industry. China’s low level of retention and increasing purchasing power have determined that China is still in the period of rapid automobile adoption. Experts expect that the annual production and sales volume of Chinese automobiles will reach 50 million vehicles. The corresponding domestic OEM and AM market scale of the wheel industry will be It was 39 billion yuan and 9 billion yuan respectively. With the continuous improvement of the international competitiveness of Chinese wheel companies, the future wheel export market will be expected to exceed 13 billion yuan. Benefit from the continuous and rapid growth of domestic new car sales, the continuous increase in car ownership, and the increase in the international competitiveness of Chinese wheel companies. It is expected that the future market scale of the wheel industry is expected to approach RMB 60 billion, and will continue to maintain rapid growth in the next 3-5 years. development of. Intertech Machinery Inc. , https://www.taiwanmouldmaker.com
Automotive wheels will continue to develop faster in the next three to five years