The automotive industry is the largest user in the machine tool industry. Whether it is the technical transformation of the OEM or the construction of the parts factory, advanced machine tools and their production lines are needed. The automotive industry has become the most important factor affecting the development of the machine tool industry. However, in fact, 80% of the machine tools used by automobile manufacturers are imported, and the position of China's machine tool industry in the automotive industry equipment is worrying. Nowadays, the Chinese and foreign parties of the joint-venture automobile manufacturers are required to use their own machine tools, such as Volkswagen's German machine tools, Toyota's Japanese machine tools, and modern Korean machine tools. Although private enterprises are not subject to this constraint, China's machine tool technology cannot meet the rapid development of the automobile industry, and the automobile industry can only rely on imported machine tools. At the same time, the production and sales of automobiles are affected by the state’s macroeconomic regulation.
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