Research On Overseas M & A Strategy Of Auto Parts Enterprises

Automotive industry is the core industry in China. The development level of auto parts industry determines the auto development, as well as the national manufacturing development. In this sense, the research of oversea merge & acquisition in auto parts industry has significant theoretical and practical meanings. Most auto parts companies are small and medium enterprises with private background, so this kind of companies are the research object.For the past few years, the people’s living situation improved a lot due to the Chinese economy’s booming development. This causes the rapid extension of car market. By contrast, the auto parts industry development falls behind the car market. The domestic companies occupy the low end market. The most profitable high end market is occupied by the foreign companies. In this background, the merge & acquisition of developed countries’ auto parts company will be the important way of improving self-strength rapidly. So the total M&A investment amount and cases increase a lot yearly. Under these phenomenon, how to select the target efficiently by local company? How to prevent the M&A risk? How to integrate the resource and realize win-win between two parties? How to improve company performance? The research of these questions has both academic and economical values. That’s why I choose it as the paper topic. I wish the paper has practical significance to the oversea M&A in Chinese auto parts industry.The main content includes:Make the summary and conclusion of oversea M&A theory and other peoples’research achievement; Summarize the current situation of auto parts industry M&A, and compare it with the international auto parts industry; Make analysis of auto parts industry M&A, raise advice of the strategy selection and carryout; Make the case study of XX company and AB Germany M&A, analyze the M&A solution and performance.