A recently released survey by IRN Inc., automotive consulants based in Grand Rapids, MI, finds suppliers increasingly resisting higher cost-cutting demands by OEMs, while Tier 1 suppliers are becoming more persistent in their demands from their suppliers. The third annual IRN Automotive Supplier Pricing Survey finds that while OEMs are asking for bigger cost reductions compared to two years ago — 5.4% in 2001, an increase of 13% since 1999 — suppliers only gave reductions in the 3% range ...
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