What Does the Automotive Industry Chain Include?
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The automotive industry chain encompasses four main aspects: First is product technology, primarily referring to product engineering and development; second is component procurement; third is automobile manufacturers; and the fourth is sales and service. Below is a related introduction: Upstream: Data shows that the automotive industry drives the development of over 100 related industries. The upstream of the automotive industry chain involves sectors such as steel, machinery, rubber, petrochemicals, electronics, and textiles. Downstream: The downstream includes industries like insurance, finance, sales, maintenance, gas stations, catering, and hotels. The extensive length of the automotive industry chain is incomparable to other industries. Therefore, many provinces in China regard the automotive industry as a pillar industry.