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Although China’s current decline in the automotive market has occurred, Japanese auto parts manufacturers believe that the Chinese market is still a growing market in the medium to long term, so it has recently stated that it wants to expand investment. Japan's auto parts company has accelerated the development of its business in China. Japan Otaru Manufacturing Co., Ltd. invested 6 billion yen to set up a third factory in China to produce high-performance headlights. Yuguang Brake Industrial Co., Ltd. invested 3 billion yen in three years and owned the first factory in China. Japan’s Otaru will open a new factory in Shanghai in 2006 through the Shanghai Kosaka light. Now, the annual output of Shanghai Xiaoxuan's headlamps is 2 million units, and after three years, the output will increase to 2.5 times now. It is also planned to produce a light system that changes according to the operation of the steering wheel and the illumination range of the headlight. Calsonic Kansei will invest 4 billion yen in the autumn of 2006 to open a new plant in Wuxi and Xiangfan City in Hubei Province. The company will produce heat exchangers for radiators in Wuxi and produce interior products in Xiangfan. After the start of the above two factories, the company will have five production plants in China.
May 24, 2024