Time is ticking and minutes are kept. The market is paralyzed and the pattern is abrupt.

The author combed the case and found that these international auto parts companies were able to use the “addition and subtraction” method. On the one hand, they constantly stripped off traditional low-end and non-core parts and components business; on the other hand, they also considered the whole and enhanced compliance through acquisition. The traditional core business of group strategy. In the 2015 restructuring case, Magna performed most prominently. March 2015, Magna will sell automotive interiors business to Spain Anton Salim Group; July 16, Magna $ 1.9 billion acquisition of 100% stake in DCT transmission technology leader in Germany Getrag; October, Magna has also agreed to acquire British White Body top supplier Stuck Automotive Co., Ltd.

Magna Steyr Shanghai Engineering Center opens
Magna Steyr Shanghai Engineering Center opens

From the perspective of Magna's overall strategy, the non-core business is stripped away to focus more resources on the development of major businesses such as electronics, powertrains and batteries. This kind of increase, reduction, and in-and-out actions directly reflect the comprehensive consideration of the overall business development of the future in the future when the international parts and components companies are reorganized.

Previously, the author had done this report, many international auto parts company executives said that the international auto parts companies take the initiative to spin off some non-core business, the internal motivation is to pursue the high-end value chain market, which is mostly out of business strategy Consider and predict the future development of the industry.

Japan’s THK acquires TRW’s suspension business; BorgWarner buys REMY motors for US$951 million; Foggia sells its automotive exterior business to All-resistance plastics... The merger case of these international companies also corroborates this. a little.

Although in 2015, 2016 will still come. The international parts companies will not end with the core business as the integration point, and will continue to expand in the world, and will maintain a high degree of consistency with the future automotive development technology.

Although all of them are reorganized, domestic auto parts companies still need to draw lessons from them. They must have a better overall outlook and forward-looking nature; they must not simply do "additions" but also attach importance to the role of "subtraction" so that they can move forward with ease. Row.

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