Management Briefing Seminars

GM: New 'no-bid' strategy catches on with suppliers

For General Motors' suppliers, no-bid contracts have become the norm rather than the exception, now that GM has rolled out a new parts-buying program that forgoes traditional bidding.

Lexus: 'Dealers set the price, and that's the price'

Lexus will take on one of the car business's most troublesome traditions next year -- haggling with customers over vehicle prices -- as the brand enlists dealer volunteers and allows them to set their own firm prices.

Lear targets acquisitions to enhance electrical unit

Lear is looking for acquisitions of as much as $1 billion for its electrical unit as automakers' demand for global vehicle platforms drives

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