www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
China / Business

Auto parts maker eyes Mexico market

By Zhou Mo in Huizhou, Guangdong (China Daily) Updated: 2017-04-13 07:11

Toneluck hopes to strengthen its presence in North America

Automobile component producer Huizhou Toneluck Electro-Mechanics Co Ltd plans to set up a factory in Mexico to strengthen its foothold in the North American market.

Total investment of 50 million yuan ($7.24 million) will be made in the first phase of the project by the Huizhou, Guangdong-based company.

Construction of the factory is currently "at the stage of preparation", said Huang Zihong, managing director of the company.

"We plan to buy land in Mexico by the end of this year and begin construction next year. The factory is expected to come into operation by 2019." The factory is projected to generate an annual output value of more than 300 million yuan, he said.

Toneluck is one of the world's major suppliers for switches of automobile door locks, accounting for roughly 13 percent of the global market share in the sector.

The company generates an annual output value of more than 600 million yuan, with 40 percent coming from the domestic market.

It has also made its presence felt in a number of countries and regions across the world, with the United States taking up about 30 percent of its revenue and Europe 15 percent.

Auto parts maker eyes Mexico market

"We are now a tier-two supplier in the US and European markets. We want to march into the tier-one rank," he said.

"To achieve that, the ability of supply at a nearby location is a basic condition because it requires better supply chain management. Mexico, with its proximity to the North American market and relatively low labor costs, is a good choice."

While tier-one suppliers mean direct suppliers for automobile companies, tier-two suppliers are those who supply goods to tier-one suppliers.

"In the next step, we are going to explore the markets in Central Europe to seek investment opportunities there," Huang said.

According to a report released by Deloitte in June 2016, automobile component enterprises prefer to build factories in the US and Europe. In 2015, Chinese manufacturers in the sector made 12 new investments in the US, Germany and the United Kingdom, accounting for nearly 30 percent of the total number of overseas investment projects between 2013 and 2015.

There were approximately 12,000 automobile component enterprises in China by the end of 2015. Although the number was large, their independent research and development capability remained relatively weak, compared with international counterparts, the report said.

Many small and medium-sized suppliers only had a single production line and lacked adequate technology, which made them vulnerable to external risks, it said.

"Meanwhile, the significant rise in the cost of raw material and human resources over the past few years has accelerated the erosion of profits of automobile component enterprises which have based their competitiveness on low price," according to the report.

sally@chinadailyhk.com

(China Daily 04/13/2017 page16)

Highlights
Hot Topics

...
主站蜘蛛池模板: 国产91精品一区二区麻豆亚洲 | 欧美三级一区 | 五月色婷婷琪琪综合伊人 | 亚洲精品国产第一区二区多人 | 成人黄色一级视频 | 中文字幕中文字幕中中文 | bt天堂国产亚洲欧美在线 | 乱子伦xxxx | 手机看片自拍自自拍日韩免费 | 特黄特级a级黄毛片免费观看多人 | 亚洲jjzzjjzz在线播放 | 久久精品片 | 不卡国产视频 | 精品一区二区三区在线视频观看 | 伊人蜜桃 | 国产激情久久久久影 | 99精品视频在线观看免费播放 | 18免费视频 | 日韩二区三区 | 国产一区二区三区在线观看免费 | 怡红院免费全部视频在线 | 欧美aa一级 | 日本 国产 欧美 | 久久久综合结合狠狠狠97色 | 欧美一区二区三区在线观看 | 91精品日本久久久久久牛牛 | 免费男女乱淫真视频播放 | 中文字幕一区在线播放 | 手机看片日韩国产一区二区 | 成人在线精品 | 色秀视频在线观看88品善网 | 91精品国产91久久久久久青草 | 亚洲在线观看免费 | 综合精品视频 | 秀人网私拍福利视频在线 | 五月色婷婷综合开心网亚 | 日本欧美在线视频 | 96精品视频在线播放免费观看 | 久久久99精品免费观看 | 91www成人久久 | 日产一区二区三区四区 |