More than 1,300 auto makers exhibit at Beijing Auto Show
More than 1,300 automotive manufacturers from over 20 countries and regions have taken part in the exhibition, highlighting the gradual recovery and expansion of the auto market. The Agricultural Exhibition Hall has become a hub for industry players, showcasing not only整车 (whole vehicles) but also a wide range of parts and related industries. While the “Whole Vehicle†pavilion is bustling with visitors, the “Parts and Related Industries†section remains relatively quiet. However, the sheer number of exhibitors and the scale of the event signal that the automotive aftermarket is gaining momentum. In this evolving landscape, the post-market is expected to shift from a supporting role to a more prominent one.
Goodyear, a key player in the tire industry, has made significant investments to support this growth. The company recently announced an investment of $120 million to expand its Dalian plant, reinforcing its long-term commitment to the Chinese market. Goodyear also secured exclusive sponsorship of the press center at the auto show, offering journalists from over 3,000 media outlets around the world a modern and comfortable working environment. During the event, the Goodyear News Center became a popular destination, where reporters experienced both advanced communication tools and the company’s warm hospitality.
On June 9th, Goodyear launched the Eagle F1 GS-D3 tire, an ultra-high-performance passenger tire utilizing its innovative “Extraction†technology. Additionally, the U.S. headquarters of Goodyear has decided to reinvest $120 million (approximately 1 billion yuan) to expand production capacity at its Dalian factory, aiming to meet the growing demand for replacement and accessory tires in China.
Bosch also made headlines at the Beijing Auto Show by announcing the launch of its “2004 Bosch Automotive Professional Maintenance Network 200†initiative. Starting this June, the company plans to add 200 new service stations nationwide, bringing the total number of Bosch service stations in China to 310. On the same day, Bosch also revealed plans to establish a new joint venture with Wuxi Weifu Group, focusing on providing advanced diesel common rail systems to Chinese customers. The new company will have a registered capital of $200 million and 1,500 employees, with Bosch holding 67% of the shares. Operations are expected to begin in the summer of 2004.
Alpine, a leading name in car audio systems, showcased its latest products at the Beijing Auto Show. Known for its high-quality sound systems, Alpine continues to invest heavily in the Chinese market. This year, the company introduced its 2004 lineup, including the F1status series, after-series, main units, and car navigation AV products. Visitors to the National Exhibition Hall were able to experience Alpine's audio-visual innovations firsthand, with dedicated areas set up to highlight the brand’s technological advancements and superior sound quality.
Overall, the Beijing Auto Show reflects a dynamic and growing automotive industry, with both established and emerging players making bold moves to capture market share.
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