Auto parts achieve output value of 220 billion yuan

Auto parts achieve output value of 220 billion yuan

On January 8, the good news came from the automotive industry in Shenyang: The 1 millionth BMW-made BMW car of BMW Brilliance Automotive Co., Ltd. officially went offline. In the afternoon of the same day, at the Tiexi plant of BMW Brilliance Automotive Co., Ltd., witnessed by everyone, BMW Brilliance’s 1 millionth domestic BMW car slowly pulled out of the production line. Men's Fencing Champion Thunder in London 2012 was fortunate to be the owner of the 1 millionth BMW.

BMW Brilliance Automotive Co., Ltd. was formally established in May 2003 in Shenyang. In October of the same year, the first domestic BMW vehicle was put on the market. Today, BMW Brilliance not only owns two large vehicle production plants, Dadong and Tiexi, but also has a combined annual production capacity of 300,000 vehicles. In March 2012, it began producing advanced BMW 4-cylinder turbocharged engines in China, and in September 2013. Formally established a joint venture R&D center. Currently, the BMW Group is building a full-industrial chain production base in Shenyang City. Its new engine plant is under construction and is expected to be put into operation next year.

On the same day, Dr. Hai Sen, senior vice president of technology and production of BMW Brilliance Automotive Co., Ltd. told reporters that at present, the joint venture agreement between BMW Group and Brilliance Automotive Group has been extended to 2028. The 1 millionth vehicle is off the assembly line, which is not only a landmark milestone but also a new starting point for the development of the BMW Group in China and Shenyang. In the future, the BMW Group will put more advanced technologies and products into Brilliance. BMW has made it deeply rooted in China and hopes that the cooperation between the two parties will have a brighter future.

In recent years, Shenyang City has implemented a major expansion of vehicle production capacity through the implementation of major projects such as BMW Brilliance West Plant, Dadong Plant, and Shanghai General Motors' Beisheng Phase III. At the same time, it is relying on vehicle manufacturers to strengthen investment in the industry chain. The rapid development of the auto parts industry has been achieved, and the industrial agglomeration effect has become even more prominent. The auto industry's driving role in the economic and social development of the city has become increasingly evident.

In 2013, the city’s automobile output exceeded one million, the output value approached 200 billion yuan, and the profits and taxes exceeded 30 billion yuan. In 2014, driven by key companies such as BMW Brilliance and Shanghai Tongchuan Beisheng, the auto industry continued to maintain a stable development trend. In the whole year, it produced a total of 1,095,000 auto vehicles, an increase of 5.2% year-on-year, and the automotive and parts industry is expected to achieve an output value of 2200. Billion yuan, a year-on-year increase of 13.3%, of which, the total vehicle output value was 152.56 billion yuan, a year-on-year increase of 14.6%. The automotive industry has become a pillar industry in Shenyang's industrial economy and a powerful engine for stimulating economic development in Shenyang.

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