A number of automakers plan to increase production and auto parts stocks are expected to usher in new opportunities

It is reported that Toyota's 14 factories and 28 production lines in Japan will resume normal operations in December. The company plans to produce about 800000 vehicles worldwide in December, up from about 760000 in the same period last year. And maintain the production forecast of 9 million vehicles for the current fiscal year.

Since the beginning of this year, due to the COVID-19 epidemic ravaging Malaysia and other countries, resulting in a global shortage of auto parts, while Toyota and other major auto companies have also been forced to intermittently stop production and cut production plans. According to statistics, as of October this year, the cumulative production reduction of the global automobile market due to the lack of "core" has reached 9.345 million, and the order satisfaction rate of automotive chips is less than 20%. In November, as the shortage of automotive chip supply gradually eased, a number of automakers recently said they planned to increase production, including General Motors, Volkswagen, Ford and other automakers, in addition to Toyota, to improve their forecasts according to market conditions.

According to the theme database of the Financial Associated Press, among the relevant listed companies:

Del Co., Ltd. is a comprehensive auto parts system supplier, has successfully developed automatic transmission oil pumps, EPS motors, electro-hydraulic pumps and PEPS and other new products.

Ningbo Huaxiang is mainly engaged in the development, production and sales of auto parts, including automotive internal and external accessories, automotive chassis accessories, automotive electrical and air-conditioning accessories, automotive engine accessories and so on.