Japanese suppliers in China (4): Central & Southwestern China
Imasen, Topre, NHK, Nifco, Yorozu, Kasai, Unipres, NTN, Pacific Industrial, and Futaba
2012/08/02
- Summary
- Central China - Hubei province: Imasen, Topre and NHK building new plants, Nifco and Yorozu starting operation at new plants
- Central China - Henan province: New plants being constructed by Kasai Kogyo, NHK, Hitachi Chemical and Unipres, new plants in operation for NTN and Tachi-S
- Central China - Hunan province: New plants being built by Pacific Industrial and Futaba Industrial in Changsha
- Southwestern China - Chongqing city, Sichuan province: Furukawa strengthening local production, Shoda Seisakusho increasing production
Summary
Below is the fourth of the serial research report about the trends among Japanese automotive parts suppliers operating in China. Part 4 contains findings from MarkLines research on the recent trends in Hubei province, Henan province, and Hunan province of Central China, and in Chongqing city and Sichuan province of the southwestern China in the past two years up to June 2012.
Nissan is expanding its Xiangyang plant in Hubei province to increase annual capacity from 100,000 vehicles at the end of 2011 to 250,000 vehicles by the end of 2012. Likewise, the company is expanding two existing plants in Henan province to increase annual capacity from 210,000 to 380,000 vehicles in the same span. In addition, it has been reported that Nissan is considering building a new plant capable of producing 200,000 vehicles a year starting in or around 2015. Honda is to start a second passenger car plant in Wuhan, Hubei province in July 2012. Combined with the first plant, Honda has increased production capacity in Wuhan by 100,000 vehicles to 340,000 vehicles. The company has plans to expand the second plant to increase capacity in Wuhan to 360,000 vehicles in 2013, to 480,000 vehicles by 2015. In response to these moves, Japanese parts suppliers are expanding their existing plants or building new plants and lines in the regions. In addition to these, other parts suppliers including Furukawa Electric, Shoda Seisakusho and Mabuchi Motor are strengthening their production and sales capacities to meet growing demands among Japanese OEMs such as Toyota expanding its plant in Chengdu, Sichuan province, and Suzuki planning to build a new plant in Chongqing. |
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Related Reports: Japanese suppliers China (South) (Aug. 2012), China (East) (Jul. 2012),China (North and Northeast) (Jul. 2012), US (Aug. 2012), ASEAN countries (Indonesia, Vietnam and Malaysia) (Jul. 2012), Thailand (1) (Jul. 2012)/(2) (Jul. 2012), India (Mar. 2012), Mexico/Brazil (Feb. 2012), Europe (Dec. 2011) |
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