Recently, Guangzhou Honda Automobile Co., Ltd. accepted the 1,600-ton large-scale stamping production line provided by Jinan No. 2 Machine Tool Plant. It is reported that this is the first time that Honda's subsidiaries have adopted stamping lines manufactured by non-Japanese companies worldwide.
According to people familiar with the matter, multinational joint ventures that have a large share of the Chinese market generally only introduce their own production equipment. This trend is particularly evident in Japanese and Korean companies. In fact, this problem has not only occurred in China, but also in Japanese auto production plants in other countries.
This trend is changing as the technology of Chinese auto equipment companies matures and marketing levels increase. The products of Jinan No. 2 Machine Tool Plant, which accounts for 70% of the national market, have already entered the majority of joint ventures except Sino-Korea joint ventures.
According to people familiar with the matter, multinational joint ventures that have a large share of the Chinese market generally only introduce their own production equipment. This trend is particularly evident in Japanese and Korean companies. In fact, this problem has not only occurred in China, but also in Japanese auto production plants in other countries.
This trend is changing as the technology of Chinese auto equipment companies matures and marketing levels increase. The products of Jinan No. 2 Machine Tool Plant, which accounts for 70% of the national market, have already entered the majority of joint ventures except Sino-Korea joint ventures.
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