The industry generally believes that the earthquake will speed up the process of localization of Japanese cars and their parts in China, and involves the restructuring of the global automobile industry chain. According to Liu Jisen, deputy secretary-general of the Guangdong Institute of International Strategic Studies, although Japan's major manufacturers have not been catastrophically damaged, due to the disruption of traffic caused by the earthquake and the supply of raw materials has been affected, it is expected to increase sales for domestic companies that have certain competitive relationships with them. .
A person in the automotive industry also pointed out that the "partial shortage" caused by the earthquake in Japan, the supporting opportunities for parts and components may not be transferred to domestic manufacturers in the short-term, but in the medium to long term, this earthquake will help China's domestic vehicle production. The process speeds up.
According to industry analysts, in the long run, the continued appreciation of the yen in recent years has caused Japanese companies' exports to be damaged. The earthquake's impact on supply chain disruption can allow China to undertake the transfer of Japanese auto industry. From the perspective of supply chain security, Japan may accelerate the transfer of parts and components production to the mainland of China and Taiwan.
It is understood that just one day before the earthquake in Japan, Foshan had organized a business attraction delegation to Japan. Several companies, including Nissan and Toyota, were ready to increase production in Foshan.
A person in the automotive industry also pointed out that the "partial shortage" caused by the earthquake in Japan, the supporting opportunities for parts and components may not be transferred to domestic manufacturers in the short-term, but in the medium to long term, this earthquake will help China's domestic vehicle production. The process speeds up.
According to industry analysts, in the long run, the continued appreciation of the yen in recent years has caused Japanese companies' exports to be damaged. The earthquake's impact on supply chain disruption can allow China to undertake the transfer of Japanese auto industry. From the perspective of supply chain security, Japan may accelerate the transfer of parts and components production to the mainland of China and Taiwan.
It is understood that just one day before the earthquake in Japan, Foshan had organized a business attraction delegation to Japan. Several companies, including Nissan and Toyota, were ready to increase production in Foshan.
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