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Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co. will tout their latest models at the Beijing car show tomorrow. The key factor determining their success in China won't be on display.
Japan's three biggest automakers are increasing use of China-made components to cut costs as rising competition erodes profit margins in the fastest-gro wing major vehicle market.Japanese automakers have set up engine and transmission factories in China to avoid paying import tariffs and transportation costs. Toyota and Nissan's local procurement rate in China is currently at 60 percent, according to the companies.
日本丰田、本田和日产汽车公司在昨日开幕的北京国际车展上极力推介自己的新产品。但是,能够决定它们在中国取得成功的却不仅仅是展览。
随着不断加剧的市场竞争削减了中国这个快速增长市场中的利润,日三大汽车厂商正越来越多地使用中国本地生产的汽车零部件来降低成本。据三大厂商称,他们已在华设立了发动机和变速箱生产厂,以避免进口关税和运输成本。丰田和日产在华零部件采购约占到整车的60%。
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