Hoo Boy Online

April 22, the 13th biennial session of the Shanghai International Auto Industry Exhibition will be the arrival of a serious financial crisis under the influence of the Shanghai auto show this more aroused keen concern about the industry, many multinational car manufacturers dare not lightly, the domestic brands are all out. In contrast, the auto parts manufacturers to make more past, this year’s auto show, many of the bleak landscape.

It is appreciated that this year’s auto components manufacturers over the past number of exhibitors has been considerably reduced. Including Dow Chemical, Seiko, Borg Warner, Eaton, Bosch and other auto components manufacturers will extend to exhibitors.

According to the relevant media reports, the financial crisis hit, including Magna International, ArvinMeritor, the United States axle manufacturing, Delphi, TRW (TRW) and other transnational giants have to withdraw from parts of Shanghai auto show this. Many small and medium-sized parts and components business is a heavy burden on their backs. Japan External Trade Organization organized this year in Japan more than 20 small and medium-sized parts enterprises in China to attend the Shanghai auto show, with the last of more than 100 compared to the number of dropped.

In January 2009, automotive supplier of plastic parts and components Craaytech bankruptcy, becoming the North American auto market as another victim of low; in March 2009, the European car major supplier of plastic parts and components Plastal declared bankrupt, the reasons for natural as well as the needs of the automotive industry a sharp decline, Plastal automotive plastic parts and components in Europe, one of the major suppliers; in April 2009, Noble auto parts supplier filed for bankruptcy protection in North America, it is General Motors, Chrysler and other U.S. auto giant a major supplier of parts and components of 1.