Car Interior Accessories Industry Report - Overview of Auto Industry

Overview of Car Interior Accessories Industry
1.1 Definition
Car Interior Accessories refers to ancillary items that are used to improve cars’ exterior and
interior appearance. The process of adding those decorative items to the car is called car decoration, and the added items are called car interior accessories.
Car interior accessories are usually used to decorate car driver’s cab and passenger room.
The main contents of decoration: (1) decoration of car roof lining; (2) decoration of side enclosure panels and door shield; (3) decoration of the instrument panel; (4) decoration of car seats; (5) decoration of floor; (6) decoration of interior quality articles.

1.2 Export Tax Rebate
In January, 2008, the tax rebate on exports of rubber car foot pad, PVC car foot pad, and plastic dripping car foot pad reduced to 5%.
In August, 2008, the tax rebate on exports of car seat back covers (both nylon and PVC) was 11% In November, 2008, the export tax rebate rates of bamboo car seat cushion was 13%
In November, 2008, the export tax rebate rates of polyfill car seat cushion was 14%.
In November, 2008, the export tax rebate rate of rubber steering was down to 5%

1.3 Prospect of the Industry
With the increasing automotive exports, the overall car interior accessories industry begins to turn warm with a stimulated demand and a well-growing market. China becomes the global processing factory for car accessories. During rapid development of the market, experts pointed out that it is important to encourage and lead enterprises to do independent research or associate with oversea R&D institutions in order to develop new products, elaborate the car accessories market, improve added values of the products, and
gradually get rid of outdated production capacity. Meanwhile, enterprises should pay more attention to the management and supervision of export products’ quality, maintaining a good international image for the products exported.