General Motors Corp. Chief Executive Rick Wagoner says the global cost-reduction initiative launched in December has produced more than 2,300 cost-cutting ideas from suppliers — more than half from North America. The program splits savings 35/65 between the supplier and GM. • The Society of Automotive Engineers Exposition in Detroit last week produced word of several new supplier contracts. Among them: American Axle & Mfg. Inc. says its new SmartBar electronically controlled ...
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