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Wanxiang Group, the country’s largest auto parts manufacturer, recently signed an agreement with Chongqing Airport Industrial Park Management Committee to invest RMB 600 million in the construction of an auto parts R&D and production project in Chongqing Airport Industrial Park in the near future. Up to 1.5 billion yuan.
According to Wen Ronggang, deputy director of the Administrative Committee of the Airport Industrial Park, Wanxiang Group mainly produces automobile chassis, suspension modules and brake system products in Chongqing, and plans to build the world’s largest auto parts and components with the world’s top 500 in the second phase. In cooperation with German Bosch, the company launched the world's leading automotive CVT project, which ultimately achieved a production value of 3 billion yuan.
Chongqing has auto companies such as Chang'an, Qingling, SAIC Iveco Hongyan, etc., and has formed an automobile production system integrating micro-cars, cars, light and heavy-duty commercial vehicles. However, for some time now, the conflict between the rapid development of the entire vehicle industry in Chongqing and the slow development of the auto parts industry has become increasingly prominent. Due to the high cost and poor quality of the local parts and components companies in Chongqing, the competitiveness of the local parts enterprises in the eastern coastal areas is constrained to a certain extent. The development of the Chongqing automobile industry.
At the same time, with the development of Changan Automobile and other enterprises, more and more auto parts companies in the eastern coastal areas have begun to enter Chongqing to support the fast-growing auto and motorcycle companies in Chongqing and even in the west. According to Wen Ronggang, at present, there are only about 100 auto parts enterprises in the Airport Industrial Park, covering a wide range of automotive interior, body, chassis, frame, car audio and other product areas, forming an increasingly perfect auto parts Supporting system.