Benefit from increased sales in the automotive industry

The data show that from January to May 2013, China's cumulative automobile production was 9,077,200 units, an increase of 13.49% year-on-year, of which, 1.785 million vehicles were produced in May, a year-on-year increase of 13.52%, and a month-on-month decrease of 6.27%. From the perspective of various types of automobile production in May, the output of passenger vehicles was 1,141,700, which was an increase of 15,090 units from 1,268,800 units in the same period of last year, representing a year-on-year increase of 11.89%, accounting for 79.74% of the vehicle production in May; the output of commercial vehicles was It was 368,800 units, a year-on-year increase of 20.39%.

It is understood that from May to December 2012, China's auto output trend was relatively stable, basically maintained in the range of 1.3 million to 1.8 million vehicles, and the output did not fluctuate greatly. However, as far as car production in the first five months of the year is concerned, the "heartbeat" trend still exists, showing a significant increase from the previous month.

In the first quarter of this year, although China's auto production showed a relatively impetuous trend, but in terms of product output and the year-on-year growth of the first two months of the second quarter, the Chinese auto industry is still in a period of sustained growth. Some analysts believe that China's tire industry will usher in a favorable period dominated by demand, benefiting from a stable output growth in the automotive industry. However, technological upgrading, economic restructuring, and structural adjustment are still issues that cannot be avoided in the development of China's tire industry.

At this stage, the characteristics of the market's internationalization, high-end, and technology have become increasingly prominent. The downstream market under the market evolution and economic level has also put forward new requirements for tire products. This means that driven by internal and external factors, Tire products supported by traditional production methods and technologies have been insufficient to meet the effective demands of the market. Research and development of new technologies and new products have become an indispensable driving force for the development of China's tire industry.