"The after-sales market has a great influence," Xia Bogao told reporters. "Traditional awareness that the market demand will be relatively stable, in fact, the decline in the accessory maintenance market is in line with the vehicle decline."
According to his analysis, as a result of the overall economic downturn, some factories have stopped production and reduced production in recent months. Vehicles of logistics and transportation companies have been shut down in large numbers. Construction vehicles have also declined significantly with the reduction in operating rates. At the same time, they coincide with the aftermarket. The off-season in autumn and winter led to a serious decline in vehicle maintenance and after-sales markets.
"At present, due to a considerable number of vehicles out of service, the demand for parts maintenance market has dropped sharply, and the decline rate is not less than the complete vehicle package." Zhao Jie's response to the aftermarket is the same as Xia Bogao.
It is understood that due to the overcapacity of the automotive industry in China in recent years, coupled with the fact that many exports have been blocked this year, the crisis has caused "supply" supply chains to break, and many parts and components companies have large inventories. Stopping production and reducing production are also digesting inventory.
"Recently, there are three factories in the Dongfeng component supply system that have stopped production. The specific reason is not yet clear." Xia Bogao said, "For us, after-sales service is still necessary to continue. Fortunately, we have the stock of such products. In the short term, there should be no problem with supply. Of course, if we do it in the longer term, we will try to solve it."
According to related high-level automotive research institutions, the number of parts and components companies that are currently in production has reached 30%.
Exports vary by company
As for the changes in exports, they have been affected by different levels of export shares and export regions.
According to Xia Bogao, Dongfeng Company is not affected by the export business. First, because the company is still in the development stage of export trade, its share is relatively small. Second, because the export market is mainly for Southeast Asia, the Middle East, Russia, and other countries that are less affected by the crisis, the local market may increase or decrease, and the overall situation is “fine-tunedâ€.
A few days ago, reporters learned from Yuchai that its impact on the export market is drastically greater than the domestic market's sales decline of 20% to 30%. Although Yuchai's export market is similar to that of the above-mentioned Dongfeng export region, due to changes in the loan policies of local companies by exporting countries, their import orders for engines have been significantly reduced.
According to several companies in Jiangsu and Zhejiang provinces, in the middle of the year, many parts and components companies closed down because of excessively high dependence on exports and weak profits. At present, due to the reduction of overseas orders, companies with capital chain breakups are shut down and shut down.
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