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Top 100 'Most Competitive' Auto Parts Suppliers Award 2010 Officially Launches in Shanghai by Gasgoo on Dec. 11th

Gasgoo
2009-12-22 14:51 1435

SHANGHAI, Dec. 22 /PRNewswire-Asia/ -- Top 100 "Most Competitive" Auto Parts Suppliers Award 2010 has officially launched in Shanghai on Dec. 11th. Purchasers from GM, PSA, FIAT, TATA, Valeo, Linamar and more than 200 suppliers have come to witness this launch event. This competition is organized by Gasgoo and supported by over 20 industry associations including VDA. This competition aims to bring the auto parts suppliers' changes during the past year to light and to provide purchasers from OEMs and Tier 1 the new company information.

Chinese auto production and sales numbers have reached ten million in 2009. The Chinese Automotive Industry is now facing a new stage. The auto parts suppliers are now stepping into an unprecedented generation. China is still an emerging market for the auto industry, so it is still too early to say who are final winners among OEMs and auto parts suppliers, especially for the latter. Those who held leading positions in the past or are current leaders will not necessarily maintain an advantage in the future. There is a fierce marathon competition among local and global companies in the auto industry. So who will come to the forefront in the Chinese auto market, the early starters or latecomers?

Simultaneously, the OEMs need to renegotiate with the auto parts suppliers. They need those who can keep the same developing pace with them. How to find this "Dark Horse"?

According to the research of over 50 OEMs including Changan Ford, Shanghai Maple, BMW and Beijing Auto, 85.9% of purchasers think that to explore the high-ranks of domestic auto parts supplies and help to improve the suppliers' ability ranks high in their job priorities. Also, 78.6% of purchasers expressed that they need to have a good knowledge of the distribution of the domestic suppliers resources and hope that the leading suppliers could be recommended to them.

Considering these mutual needs from the buyers and suppliers, the Top 100 "Most Competitive" Auto Parts Suppliers Award 2010 was launched in Shanghai on Dec. 11th, 2009.

Gasgoo will hold the Top 100 "Most Competitive" Auto Parts Suppliers Awards 2010 affiliated with auto authorities in China and abroad; decision makers and chief executives in procurement and R&D departments from OEMs and leading tier 1 suppliers will vote for the 100 fastest growing suppliers and publicly announce the winners list at the Second Annual Global Automotive Sourcing Summit, to be held in April 2010 in Beijing. Then Gasgoo will produce an auto industry analysis report according to the results, to provide 50+ OEMs and 3,000+ auto parts manufacturers and 80,000+ buyers with an accurate, reliable, professional and authoritative procurement reference.

This competition is a very powerful tool for the purchasers as well as the suppliers to have a clear idea of the auto industry. Its focus is to bring the changing law of the auto parts suppliers to light for the government, the whole industry and the media. It aims to improve the whole technology and management standard and help develop in the global market.

This competition will be an annual event after its first year in 2010.

For more information, please contact: liangsn@gasgoo.com

Source: Gasgoo
Keywords: Auto
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