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Precision machinery parts processing plants to cope with the decline in the automobile market


At present, the market sales data of major automobile enterprises in July have been released one after another, leaving the vast number of precision machinery parts manufacturers in a cold sweat. Relevant machining experts pointed out that the car sales in the first half of the year have dropped significantly, and the performance in the first month from the second half of the year has not improved. It is reported that the total shipment volume of the car market in July was about 1.1 million units, down 37.7% from the same period last month (the previous value was 1.76 million units) and lower than the 1.56 million units in the same period last year.

Automobiles are important downstream clients of precision machinery parts processing plants. The continuous decline in sales in this field will undoubtedly have a significant impact on the machinery processing industry. There is no doubt that the operating income and total profit of CNC parts processing industry will continue to decline in the first half of this year. The profit situation of various sub-sectors of processing industry is generally not optimistic, and the growth of new orders is slow compared with the same period last year. One of the important reasons is that orders from the automobile industry are dropping sharply.

At present, it is difficult for the automobile market to show signs of optimism. Correspondingly, the tightening of upstream demand will follow, which will undoubtedly bring impact to the vast number of precision machinery parts manufacturers. Therefore, in the second half of the year, mechanical processing enterprises deeply connected with the automobile industry must make preparations in advance and find ways to get out of the market trough through various channels. It must be noted that the consumption of ordinary automobiles is declining, but the sales volume of high-end automobiles is still rising, and the processing of non-standard parts of such high-end automobiles still has great market potential. Sales of traditional cars are declining. New energy cars still have great market prospects and will bring a large number of machining orders. As long as the majority of precision machinery parts manufacturers change their thinking and look for other opportunities in the current market, it is not difficult. If we put more energy into maintaining old customers, expanding new products, breaking through new processes and selling through multiple channels, we still have a lot of work to prepare for in the second half of the year!

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Guangdong Jinkai Intelligent Technology Co., Ltd.
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