Some suppliers are investing in additional facilities because they are confident current production levels will be sustained and because they have exhausted most of their avenues to stretch available capacity....More
In a year-end interview, OESA President and CEO Neil DeKoker talks about declining supplier bankruptcies, risk of a double-dip recession, raw-material price fluctuations and the debate over conflict minerals....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
As some suppliers struggle to fill the pipeline, others see opportunities to grab new business. “The cardinal sin is to shut down an assembly plant,” says OESA’s Andrea. “It can ruin the best of reputations.”...More
Auto makers “recognize that the suppliers cannot absorb raw-material costs that are coming in because they won’t survive if the suppliers foot the entire bill,” says TI Automotive CEO Bill Kozyra....More
While the U.S. government provided stimulus to big suppliers through the auto makers during the recession and now encourages banks to lend to small businesses that can repay, credit remains elusive, the Federal Reserve chief says....More
GMC unveils the Sierra HD All Terrain X, a Duramax turbodiesel-powered addition to the brand’s off-road trim lineup. The new Duramax in the Sierra and Silverado HDs produces 445 hp and 910 lb.-ft. of torque....More
Winner profiles will appear on WardsAuto.com beginning Sept. 21, and honored automakers will receive their trophies on Oct. 4 at the WardsAuto User Experience Conference at the Suburban Collection Showplace in Novi, MI.
The new 2.0L and 2.5L engines represent the first time Porsche, which has a rich legacy of horizontally opposed piston engines, has developed one that combines turbocharging and only four cylinders....More
We call out vehicles with problematic fit-and-finish, materials, ergonomics or unfortunate design choices. Each of these items resulted in points deducted as WardsAuto editors selected the 2016 Wards 10 Best Interiors.