The impact of price competition on auto parts suppliers

Mr. An Qingheng believes that price competition has a great impact on auto parts suppliers. He said that price competition will eventually put pressure on parts companies. If various costs cannot be reduced, they will eventually have to sell inferior products as good ones. This is an inevitable law. Both parts companies and OEMs need to maintain reasonable profits, otherwise they will not be able to operate at all. Therefore, price competition will inevitably lead to a decline in the quality of complete vehicle products. Although the price of the vehicle seems to be low, in reality you still get what you pay for.