Taiwanese Auto Parts Suppliers Gear up at Automechanika Shanghai

As the world's second-largest auto parts exhibition after Automechanika Germany and Asia's largest trade fair in the auto parts industry, Automechanika Shanghai 2019 is slated to kick off at the National Exhibition and Convention Center (Shanghai) from December 3rd to 6th. China's role as a vital destination for Taiwan's exports in the automotive parts industry has prompted Taiwanese companies to form the largest oversea exhibiting group at the show, boasting approximately 202 exhibitors to showcase their prime products. According to statistics released by the Taiwan Transportation Vehicle Manufacturers Association, Taiwan's 4th largest exporting destination for auto parts is China. By August, data showed exports to China valued at NTD$4.5 billion, a clear indication of Taiwan's role in the auto parts industry.

Aside from the advantages of high-mix, low-volume and flexible production, Taiwan's auto parts industry is buoyed to face international competition thanks to local manufacturers consistently investing in R&D and leveling up their manufacturing technology. While auto whole vehicle domestic sales appeared turbulent In recent years, the annual export value indicated growth due to years of accumulated experience in the auto parts industry. There was a 1.7%-growth in 2017, hitting a record high of NTD$214.9 billion in export value, while exports totaled at NTD$144 billion between January to August this year, representing a growth of 2.23% compared to the same period last year.

Taiwanese exhibitors definitely would not miss attending the exclusive Automechanika Shanghai platform to display their quality products thanks to prime geographical location and their product competitiveness. The exhibitors include professional powder metallurgy manufacturer Auroral Sinter Metals and pioneering Cub Elecparts Inc. for tire pressure monitoring systems and engine components. Other leading manufacturers include leading auto lamp maker Eagle Eyes, replacement auto mirror provider View Max, mostly for European and Japanese passenger cars, as well as Nan Hoang Traffic Instrument Co., Ltd, one of the major manufacturers of automobile friction materials in Taiwan. Equipped with advanced R&D, stable manufacturing technique, and a complete supply chain consisting of downstream to upstream companies, Taiwanese manufacturers are poised to showcase and outshine many top tier global manufacturers.

In anticipation of such a highly competitive trade fair, Economic Daily News (CENS.com) is setting up a booth in Hall 1.1 at Booth No.B94, offering real-time business matching service for buyers and distributing the Taiwan Transportation Guide (TTG), which is the first auto components trade magazine published in Taiwan. Since the publication of its first edition in 1986, TTG has continued to combine and offer the best and most comprehensive data on Taiwan's quality auto parts suppliers, including those capable of manufacturing automotive and motorcycle parts under OEM, ODM and OES standards, as well as offering the latest trends in the competitive automotive industry. TTG is highly recommended to professional buyers at automotive trade shows around the world and especially serves as the best platform to promote Taiwanese suppliers to the world. For buyers, CENS.com is distributing the latest edition of the Taiwan Hand Tools guidebook during the show. Also, CENS.com will offer its exclusive biz-matching service to deliver first-hand information gathered from buyers, giving Taiwanese exhibitors a huge head-start among their competitors to nail business sales.