The situation of China automotive stampings business under global financial crisis.
Stampings is an important component of the vehicle, in accordance with Institute of K-car (auto.gasgoo.com) statistics show that the average vehicle contains more than 1500 stampings, in addition to large-scale panel also includes the door, side edge, cover, chassis, floor and so on.
In recent years, automobile stamping parts, with the introduction of new models, old models, as well as the replacement vehicle and parts at home and abroad continues to expand the scale of production, demand is also increasing. Thus, most of stamping manufacturers increase the investment on the technology research and improve their production efficiency.
In recent years, domestic stamping enterprises improve their specialization on automotive stamping parts. Today, they could provide most of kinds auto stampings to the customers, they have the cost advantages on labor cost and material cost. (in China, the cost of stamping parts is cheaper 1 / 3 than abroad). Some stampings companies have the certificate of ISO9001, QS9000, VDA6 .1 and other international quality system certification. Many Germany and US auto groups have put the China stamping companies into their global supply chain.