As some Tier 1 suppliers leave the automotive industry, others are hooking up to tighten the supply chain and make purchasing less stressful. In October, an IHS SupplierBusiness editorial noted that Continental AG (Hannover, Germany), a manufacturer of tires, brake systems among other parts for the transportation industry, and Schaeffler Technologies AG ( Herzogenaurach, Germany) , a maker of roller bearings, linear bearing systems and other engine and transmission components, added nine additional suppliers to their “burgeoning Premium Supplier Circle program.” Tagging Options Domain: All Sites Keywords: Contract Manufacturing Services read more
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Suppliers to automotive OEMs find strength in numbers
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