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Automotive suppliers face vote of ‘no confidence’ from OEMs

Friday, November 1st, 2013 | Permalink

All Sites Automotive suppliers (Tier 1 and Tier 2) are facing a vote of ‘no confidence’ from the OEMs, stemming from concerns about the ability of suppliers to keep up with launches and handle a 16-million vehicle market in 2014. That’s the latest from an editorial in IHS Automotive SupplierBusiness , supporting the findings of two other recent surveys, one from Booz & Co./Bloomberg US, and another from the Original Equipment Suppliers Association. read more

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Automotive suppliers face vote of ‘no confidence’ from OEMs