Further expanding into the Southeast Asian automotive parts and components tooling market. WSS at AM-WSS Precision Tools (Shanghai) Co., Ltd.

Further expanding into the Southeast Asian automotive parts and components tooling market. WSS at AM

2023-06-02

This year's AMCM (ASEAN Advanced Automotive & Motorcycle Components Manufacturing Summit 2023) was successfully held from 25 to 26 May 2023 at Pullman Hotel, Ho Chi Minh City. The conference brings together automotive and motorbike manufacturing professionals and expert speakers to discuss the necessary developments to drive the automotive and motorbike components manufacturing and processing chain across South East Asia and Vietnam, with topics and attendees covering industries such as machine tools, precision machining tools, metal and plastic machinery, electric vehicles, automation and more.



Not only is Vietnam a prevalent country for scooters, the minibus market has grown steadily over the past five years and is expected to show a 10.45% annual growth rate (CAGR 2022-2026), with the market expected to reach US$7,008 million by 2026. The Ministry of Planning and Investment of Vietnam is establishing a programme to develop the automotive industry ecosystem with the aim of growing the number of suppliers in Vietnam. The number of auto parts suppliers in the country is expected to reach 1,000 and 2,000 by 2025 and 2030 respectively, which could meet 70% of Vietnam's auto parts demand.







WSS Marketing and Vietnamese partners


At the summit, WSS presented high precision tooling solutions for aluminium pistons, iron ring groove pistons, motorbike cylinder block valve seat chamfers, as well as standard and non-standard PCD/CBN inserts. After years of technology and application accumulation, WSS has a complete set of machining solutions for aluminium alloy pistons and steel pistons for heavy commercial vehicles. From rough forming to finishing to achieve extremely low surface roughness, WSS can provide the corresponding specialised solutions and tooling products, combining high precision machining with high economic efficiency, continuously optimising tools and continuously empowering products.


WSS piston machining solutions


In addition, the high precision of the valve seats is a key step in the machining of the cylinder block to ensure that it meets the strictest standards of tightness. the WSS chamfering tool enables extremely low dimensional tolerances and high surface quality to be achieved.



The summit concluded with a visit to Isuzu's factory in Ho Chi Minh City to showcase the complete assembly process of Isuzu commercial vehicles. With the rapid development of the Vietnamese economy in recent years, the market share of commercial trucks, especially light, medium and pick-up trucks, has been increasing year on year, and economy and product quality are key factors to remain competitive in the Southeast Asian market.



WSS has been in the South East Asian market for 12 years, since 2011, when we started our tool business with our Vietnamese partner. We have been developing our product strengths in a wave of opportunities and providing dedicated service to our customers for more than 10 years.