The new purchasing chief at General Motors Co. is tweaking the auto maker’s “cost reduction suggestions” program, and it could send a few more bucks back to suppliers. In a nutshell, GM now will share the savings from cost-cutting ideas submitted by suppliers on a 50/50 basis the first year the part or process is implemented. The cost sharing remains 50/50 through the life of the part or process, unlike in years past when GM would take a 65% cut in the first year and 100% of the savings ...

Premium Content (PAID Subscription Required)

"Printer-friendly" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.