Guangdong Automotive Parts Exports Dramatically Increase Quality Concerns

On May 19, 2010, statistics released by Guangzhou Customs showed that from January to April 2010, Guangdong exported 630 million U.S. dollars worth of auto parts, which was a 36% increase from the same period of last year, and was affected by the recent massive recall of automotive products. The quality of automotive parts has once again attracted attention.

It is reported that the export of auto parts in Guangdong has started to decline compared to the same period of last year since November 2008. After reaching a low point in February 2009, the export value has risen month by month, and the decline rate has also gradually narrowed; since November 2009, the year-on-year growth has been achieved for six consecutive months. . In April 2010, it exported 160 million U.S. dollars. Although it increased by 22.2%, it was 11.2% lower than the same period of last year. It was the first time in the year that the monthly scale was lower than the same period in 2008.

The data shows that Guangdong auto parts are mainly exported to the United States, Japan and the European Union. In addition, exports to ASEAN have increased by 44%; exports to Russia and India have both increased by a factor of two.

Guangzhou Customs reminded that the products of a number of multinational auto companies have recently been exposed to quality problems, mainly involving automobile parts such as accelerator pedals, steering wheels, brake systems, and airbags. The products involved require large-scale global recalls, and companies involved are more likely to be affected by local Severe punishment. On the one hand, it has affected consumer confidence; on the other hand, it also shows that the importance of product quality and safety is increasing. It does not rule out the impact of the warming momentum of trade protectionism at the stage of slow recovery of the global economy on the export of auto parts.

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