Core Insights - The import value of automotive parts in September 2025 reached $1.81 billion, showing a month-on-month decrease of 11.9% and a year-on-year decrease of 21.1% [1] - From January to September 2025, the cumulative import value of automotive parts was $15.99 billion, reflecting a year-on-year decline of 22.4% [3] - The decline in imports is attributed to global economic fluctuations, supply chain adjustments, and the acceleration of localization in China's automotive industry [3] - In contrast, the export value of automotive parts has shown growth, exceeding $50 billion in the first nine months of the year, with a year-on-year increase of over 10% [3] - The growth in exports is particularly driven by the demand for power systems and vehicle control products amid the global trend towards new energy vehicles and energy storage [3] - The trends in import decline and export growth indicate an improvement in the domestic automotive supply chain's self-sufficiency [3] - As the localization rate of high-end components increases, China's automotive parts industry is expected to gain more influence in the global supply chain [3]