With the development of society and economy and the improvement of people's living standards, the automobile and transportation equipment industry will continue to maintain a rapid growth. Especially after China’s accession to the WTO, the world’s largest 11 multinational companies and 50 auto parts companies will enter China. It is predicted that in 2010, the global automobile ownership will be around 55 million, the number of cars will reach 40/1,000, the domestic market demand will be around 8 to 9 million, and the production and sales volume will be around 9 to 10 million. This shows that China has entered the "automobile era" and will become the world's second-largest automotive market and the third-largest automobile manufacturing country. At the same time, the demand for heavy-duty trucks, large and medium-sized passenger cars, and economical cars is also increasing. In particular, the heavy-duty truck market will enter an “explosive†growth period in the next few years, with an average annual growth rate of over 17%. In 2010, the sales volume of the truck market will reach 1.5 million, which is expected to become the second largest heavy truck market after the United States. The automotive and transportation equipment industry has a large degree of correlation, high product added value, and low environmental pollution. It is a strategic and pilot industry that can improve regional economic competitiveness as a whole. Yuncheng is rapidly emerging as a new automobile and transportation equipment. It is estimated that by 2010, the Yuncheng automobile and transportation equipment industry will form an annual production capacity of 50,000 heavy-duty trucks (strive to form a scale of 100,000 vehicles within five years) and the actual production capacity of 10,000 commercial trailers. The output of the engine block cylinder head reaches 200,000 tons, the production capacity of the vehicle's heavy bridge is 250,000, the clutch and other machined parts are 300,000 sets, and the powder metallurgy auto parts are 1.8 million, laying a good foundation for the formation of industrial clusters, the city's automobile and transportation The equipment industry strives to increase sales revenue by 15 billion yuan.
Through hard work, Shanxi Yuncheng is forming a vehicle and transportation equipment manufacturing vehicle segment with the Grand Canal, South East Auto and Jinlong passenger cars as the core; CITIC Machinery, ASIMCO International Foundry, Sanlian Group, Huan Auto Parts and Yongji New Speed And the powder metallurgy companies rely on the automobile and transportation equipment supporting the production enterprise plate. At present, there are 18 industrial enterprises above designated size engaged in the processing and production of automobiles and transportation equipment in Yuncheng, Shanxi Province. The total assets are 8.35 billion yuan, and the number of employees is 17,000, of which 8 are total assets of over 1 billion yuan. Main vehicles, main automotive components, castings, and machined parts, including auto vehicles, agricultural (mining) tricycles, commercial semitrailers, cylinder heads, axles, clutches, rods, air suspension systems More than 20 kinds, such as semi-shafts, gearbox housings, powder products, and diesel engines, are mainly supplied by FAW, Second Automobile, Futian, Yuchai, Jinlong, Mitsubishi, and Ocean, etc.