The vice president of worldwide purchasing for General Motors Corp. confirms what a number of supplier executives have suggested in recent months — that the world's largest automaker is backing off its controversial Current Savings program. In addition, Harold R. Kutner admits he “didn't like” the policy, which sparked protest among suppliers last year. The policy requires certain suppliers on high-volume programs to pay for their anticipated cost reductions at the beginning of a ...
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!
Current subscribers, please login or CLICK for support information.