Automotive Industry
Industry: Email Alert RSS FeedSuppliers skeptical of new Ford, VW plans; Automakers are aiming to repair broken relationships.
Automotive News Europe, December, 2005 by Wernle, Bradford
Byline: Bradford Wernle, Tony Lewin
Ford, Volkswagen and other automakers will have to work hard to convince a skeptical partsmaking industry that carmakers really want to begin a kinder, gentler era of cooperation with their suppliers.
Relations between manufacturers and suppliers have been damaged by nearly a decade of relentless pressure from carmakers for lower parts prices. This pressure has played a role in the bankruptcy of several major suppliers.
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Ford, General Motors and VW group have finished near the bottom of recent surveys measuring suppliers' attitudes toward ...
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