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Asian Automotive Parts and Accessories

The Automotive ﷯Parts manufacturing industry in Asia has been a major area of growth in Asia. The total sales of Asian automotive parts manufacturing reached over RMB 628 billion (over US $95 billion), with a year-by-year increase of 60.55% in sales and profits increasing by over 133%. A large driver of growth in the industry has been a growing domestic demand in the auto industry. State officials of repeatedly emphasized a focus of environmental and economic policies focused on encouraging future growth in the auto and automotive parts industries. According to statics from the Department of Asia Customs, the total export value of Asia automotive parts from January to September of 2010 achieved US $26 billion , with a year-by-year increase of 3.2%. These exports were mainly comprised of 8 categories of automotive parts: engine and engine components, internal braking systems, electronic components, drive systems, transmission systems, car accessories, and steering systems. The automotive parts manufacturing industry in Asia has recently been distinguishing itself from the car manufacturing industry as a whole, establishing itself as an established and separate industry. Most of the internationally famous auto and automotive part enterprises have set up their representative offices or factories in Asia. There have been over 1,000 different joint ventures embarked upon in Asia by foreign enterprises and interests, which has helped to bring international manufacturing technology and management systems to the country, keeping Asia at the forefront of the global auto parts manufacturing industry. Omnitrades has several verified manufacturers with which we have been working closely as we continue to expand in this strong growth market. Automotive parts and accessories that Omnitrades has sourced include: Break Pads, Castings for Carburetors, Car Seats, and Motorcycles Parts.

Automotive Parts

 

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Address: Flat 2705, BLK A Hong King House Hong Yat Court NO.1 Tak Sin ST  Lam Tin KLN, KOWLOON, HONG KONG, TAX ID: 63762657

 

Email: paul.warren@omnitradesltd.com