Chinese auto parts exports to US soar...Chinese auto parts exports to US soar
Exports of Chinese auto parts to the
US in 2006 increased 28.1 per cent to $6.9 billion,
according to Automotive News. However, Mexico
remains the chief supplier to the US with auto parts
shipments valued at $26.4 billion.
The Chinese parts include
aftermarket sales as well as original equipment destined for
assembly plants. Mexican auto parts shipments to the US
increased 6 per cent last year. China’s and Mexico’s gains
were Japan’s and Canada’s losses, with Japanese auto parts
exports declining 6.5 per cent to $15.4 billion, and
Canadian exports dipping 5.4 per cent to $20.4 billion.
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