With the economic globalization，China’s automobile industry is actively “going out”. There are three main ways for Chinese automobile enterprises to participate in the internationalization：first，to export domestic vehicles and parts to overseas，which is what Chinese automobile enterprises have been doing in the past decades；second，overseas localization. More and more Chinese automobile enterprises expand overseas by building production bases in target markets，setting up R & D or design centers，and spreading sales outlets Market；third，overseas acquisition. From the perspective of quantity and amount，Chinese automobile enterprises’ acquisition of overseas brands and equity is on the rise. They enhance their competitiveness through acquisition and begin to focus on the layout of frontier fields.

The “new four modernizations”，represented by electrification，intelligence，networking and sharing，are deeply influencing the automobile industry，breaking the inherent industrial pattern and providing a good opportunity for Chinese automobile enterprises to stand out. The change of industry pattern also requires Chinese enterprises to break the inherent concept and development ideas，accelerate the transformation and upgrading with more forward-looking thinking，enhance the core competitiveness，and help the high-quality development of China’s automobile industry.