Auto parts makers hit the beach in China

The reporter learned on November 2 that many internationally renowned auto parts makers, including Freudenberg, have spotted the Chinese auto parts market, built factories in China and expanded their business.

According to reports, Freudenberg has been providing sealed and shock-absorbing products for European, American and Japanese brands in the Chinese market. The company has now embarked on the production of key components in the Chinese market and is actively expanding the electric vehicle market in China. Its goal is to compete for one-third of the Group's overall sales of automotive parts and components. In addition, ZF, TAM, Muller, Bosch, Delphi, MANN+HUMMEL, Cortec and other cross-border component companies are not to be outdone, and their product structure, network channels and services in the automotive aftermarket are relatively high. Mature system.