Working through a review program with 102 long-term suppliers, including Magna, Bosch, Continental and Faurecia, allows the auto maker to be first-to-segment, if not first-to-market, with new technologies....More
With Asian competitors handcuffed by low inventory levels as they try to ramp up production after Japan’s earthquake and tsunami in March, GM has been able to keep incentives low and margins up....More
Many Original Equipment Suppliers Assn. members are Tier 2 or Tier 3 “and would never normally have access to the purchasers in a forum where they can meet them and shake hands,” says Chairman Bill Kozyra....More
Marchionne says the elimination of Opel reduces by about 15% the possible synergies FCA and GM could achieve, but he still thinks a deal would be worth pursuing, even though he spotted one big negative the day of the sale’s announcement....More
With the upper luxury Phaeton now out of production, the new Arteon will take over at the head of Volkswagen's car lineup in most markets except China, where the recently introduced Audi A6-based Phideon will sit above it.
Automakers are updating their vehicle interiors with unprecedented speed, eager to integrate new technologies, softer leather, better sound systems and richer colors. WardsAuto will announce winners April 17....More