• We have rich experience in production of ball pin
    nut, bolt and wheel hub
    wheel hub assembly.

    LEARN MORE
  • We have rich experience in production of ball pin
    nut, bolt and wheel hub
    wheel hub assembly.

    LEARN MORE
  • We have rich experience in production of ball pin
    nut, bolt and wheel hub
    wheel hub assembly.

    LEARN MORE
  • We have rich experience in production of ball pin
    nut, bolt and wheel hub
    wheel hub assembly.

    LEARN MORE
  • We have rich experience in production of ball pin
    nut, bolt and wheel hub
    wheel hub assembly.

    LEARN MORE
  • We have rich experience in production of ball pin
    nut, bolt and wheel hub
    wheel hub assembly.

    LEARN MORE
    Development history of automobile hub

    Automobile hub is an important part of automobile parts. With the growth of China's automobile parts industry, the hub industry has gradually grown up. According to the analysis report on market prospect and investment strategic planning of China's automobile hub industry in 2013-2017, since 2010, the macro-economic policies focusing on stimulating domestic demand have provided the basis and guarantee for the steady development of the automobile industry. From the perspective of the trend of automobile market in 2010, the impact of macroeconomic policies on the automobile market runs through the whole year, with the annual automobile production and sales volume reaching 18.2647 million and 18.0619 million respectively. The production and sales volume reached a new high, and the position of the world's first automobile production and consumption country continued to be maintained. In 2011, the economy continues to maintain stable growth, and the automobile production and sales are expected to continue to achieve a large growth; in 2011, China's automobile production is expected to exceed 20 million, and in 2015, it will reach 25 million. In the long run, the rapid growth of China's GDP provides broad demand space for the automobile industry, and the demand for automobile hub will increase with the growth of automobile sales. In the next few years, China's automobile sales volume is expected to continue to grow steadily, providing opportunities for the development of automobile hub industry.

    China is still in the period of rapid automobile popularization due to the level of low coverage rate and increasing purchasing power. It is estimated that the annual production and sales scale of Chinese automobiles will reach 50 million in the future, and the corresponding domestic OEM and am market scale of wheel industry will be 39 billion yuan and 9 billion yuan respectively. With the continuous improvement of the international competitiveness of Chinese wheel enterprises, the scale of wheel export market is expected to exceed 13 billion yuan in the future. Benefiting from the continuous and rapid growth of domestic new car sales, the continuous improvement of car ownership and the improvement of international competitiveness of Chinese wheel enterprises, it is estimated that the market scale of wheel industry in the future is expected to be close to 60 billion yuan, and it will continue to develop rapidly in the next 3-5 years.

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