“According to the current regulations of the country, the Mercedes-Benz cars produced in Beijing must meet the localization rate of 40%. However, because the Mercedes-Benz sedan's annual production of 20,000 cars is not enough to meet the production targets of its accessory parts companies in China, so that Mercedes-Benz will select parts suppliers that can meet its standards in China,†said An Qingheng, chairman of Beijing Auto Holdings Co., Ltd., in an interview with the reporter. An Qingheng explained at the same time that Mercedes-Benz’s parts and components must meet two conditions. First, it absolutely meets Mercedes-Benz requirements for quality and other aspects. Second, it must meet the requirements of the “Auto Industry Industrial Policy†promulgated in 1994 by the countries still in use. The localization rate of car parts has reached 40%. By then, Beijing will also form three auto parts industrial parks. That is, around the Shunde Park supporting Beijing Modern, the Changping Park around Futian, and the Yizhuang or Tongzhou Park around Mercedes-Benz. According to industry speculation, the new "Auto Industry Industry Policy" will be announced recently. There have been indications that the 40% localization rate is loosening. If this is the case, the Mercedes-Benz car parts package will have another scene. (Li Yang)
40% of the national production rate Mercedes-Benz selected parts suppliers in China
“According to the current regulations of the country, the Mercedes-Benz cars produced in Beijing must meet the localization rate of 40%. However, because the Mercedes-Benz sedan's annual production of 20,000 cars is not enough to meet the production targets of its accessory parts companies in China, so that Mercedes-Benz will select parts suppliers that can meet its standards in China,†said An Qingheng, chairman of Beijing Auto Holdings Co., Ltd., in an interview with the reporter. An Qingheng explained at the same time that Mercedes-Benz’s parts and components must meet two conditions. First, it absolutely meets Mercedes-Benz requirements for quality and other aspects. Second, it must meet the requirements of the “Auto Industry Industrial Policy†promulgated in 1994 by the countries still in use. The localization rate of car parts has reached 40%. By then, Beijing will also form three auto parts industrial parks. That is, around the Shunde Park supporting Beijing Modern, the Changping Park around Futian, and the Yizhuang or Tongzhou Park around Mercedes-Benz. According to industry speculation, the new "Auto Industry Industry Policy" will be announced recently. There have been indications that the 40% localization rate is loosening. If this is the case, the Mercedes-Benz car parts package will have another scene. (Li Yang)