Purchasing

Chrysler purchasing chief faces tall order

12:01 am U.S. ET | Aug. 18, 2014
So much for Tom Finelli's honeymoon phase as Chrysler Group's new purchasing chief for North America. The protégé of the late and highly respected Dan Knott has little time to win the trust of wary suppliers....
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Chrysler purchasing chief Kunselman to lead new safety office

9:33 am U.S. ET | Aug. 12, 2014
Chrysler tapped its head of purchasing, Scott Kunselman, to lead a new office that will oversee safety issues and regulatory compliance as scrutiny over the industry's safety record grows. Tom Finelli, 44, Chrysler's current director for global standardization, will assume responsibility for North American purchasing and supplier quality, effective immediately, Chrysler said today....
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2014 MANAGEMENT BRIEFING SEMINARS

Ford touts supplier innovations on Mustang, F-150

1:15 pm U.S. ET | Aug. 7, 2014
Ford's purchasing chief is touting some of the innovations created with suppliers on the all-new Mustang sports car and F-150 pickup....
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Toyota queried by China regulator amid antitrust probe, report says

10:14 am U.S. ET | Aug. 7, 2014
China's National Development and Reform Commission, which is conducting an antitrust probe into the auto industry, has asked Toyota about its business practices, two people familiar with the matter told Bloomberg. China's recent antitrust probes rekindled concerns that Beijing may be using an anti-monopoly law to support domestic firms at the expense of foreign companies....
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2014 MANAGEMENT BRIEFING SEMINARS

Magna points supply chain toward local sourcing

2:03 pm U.S. ET | Aug. 7, 2014
Canadian automotive supplier Magna International sees local strategy and efficiency improvements as key cost-saving measures within its supply chain....
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LARRY P. VELLEQUETTE

Will Marchionne's profits grab come up empty?

5:16 pm U.S. ET | Aug. 6, 2014
Chrysler Group CEO Sergio Marchionne today seemed like a grizzly bear standing amid a stream of happily swimming salmon....
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2014 MANAGEMENT BRIEFING SEMINARS

Toyota exec touts supply chain benefits of staff moves to Mich.

4:20 pm U.S. ET | Aug. 6, 2014
Toyota’s plan to move supplier development and purchasing staffs to its technical center in Ann Arbor will improve suppliers relations, a top executive said today....
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2014 MANAGEMENT BRIEFING SEMINARS

Marchionne vows to claw back share of supplier profits

3:25 pm U.S. ET | Aug. 6, 2014
Chrysler Group CEO Sergio Marchionne today fired a shot at his supply base, saying that suppliers' double-digit profit margins were making his blood pressure go up....
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Dana CEO says purchasers are collaborating with suppliers earlier

9:53 am U.S. ET | Aug. 6, 2014
Like other Tier 1 suppliers, Dana, a major supplier of axles and driveshafts, has been working to strip weight out of its products, says CEO Roger Wood. Meanwhile, he says automakers are working earlier with suppliers on product development....
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DAVID SEDGWICK

Why automakers can't beat up suppliers any more

2:00 pm U.S. ET | Aug. 5, 2014
Remember the old days when automotive purchasing czars such as General Motors' Inaki Lopez and Ford's Carlos Mazzorin threw their weight around with suppliers? Those days are gone....
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LARRY P. VELLEQUETTE

Why the supplier price-fixing investigation looms large

9:40 am U.S. ET | Aug. 4, 2014
There's three dozen people in the auto supply chain who should be on the mind of everyone attending the Management Briefing Seminars here this year....
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Tesla, Panasonic agree to team on U.S. gigafactory

7:02 am U.S. ET | July 31, 2014
Tesla Motors and Panasonic have agreed to cooperate on the construction and operation of the American carmaker's so-called gigafactory, its envisioned large-scale battery manufacturing plant in the United States....
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Autoliv agrees to settle U.S. securities class action for $22.5 million

7:31 am U.S. ET | June 27, 2014
Automotive safety products supplier Autoliv said today it reached an agreement in principle to settle a class action securities lawsuit in the United States....
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Tesla says battery-supply deal for Toyota RAV4 EV to end

9:51 pm U.S. ET | May 9, 2014
Tesla said its deal to supply Toyota Motor Corp. with battery packs and motors for a rechargeable crossover will conclude this year....
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Fiat Chrysler aims to save $2.1 billion on parts standardization

1:10 pm U.S. ET | May 6, 2014
Fiat Chrysler Automobiles expects to save a total of 1.5 billion euros ($2.1 billion) in the next five years and reduce development costs on some products by as much as 70 percent through an effort to standardize parts across its global lineup....
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Acura task force targets 'wandering' image

12:01 am U.S. ET | March 3, 2014
Concerned that its Acura premium brand may still be traveling "a wandering road," Honda North America created an Acura Business Planning Office to give the marque more focus....
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NEWS ANALYSIS

Suppliers in the driver's seat

12:01 am U.S. ET | Feb. 17, 2014
General Motors' dramatic about-face on its standard purchasing contract last week was more than a gritty admission by GM's purchasing chief that she was wrong. It was confirmation of a seismic shift in the balance of power between automakers and suppliers of cutting-edge technology....
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GM rolls back contentious terms in purchasing contract

8:00 am U.S. ET | Feb. 11, 2014
GM is rolling back controversial changes it made last year to its purchasing contract, including new terms that some suppliers believed exposed them to greater warranty liability. GM in July rolled out the biggest overhaul to its supplier contract framework in 20 years....
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2 former Diamond Electric execs to plead guilty in price-fixing scheme

12:51 pm U.S. ET | Jan. 31, 2014
Two former senior-level executives with Japanese supplier Diamond Electric Manufacturing have agreed to plead guilty to felony charges in the ongoing global auto parts price-fixing investigation, the Department of Justice said today....
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Renault-Nissan raises savings targets

Jan. 30, 2014 18:08 CET
Renault-Nissan named executives to lead efforts to converge manufacturing, r&d, purchasing and human resources....
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Renault-Nissan raises savings targets in cooperation push

12:08 pm U.S. ET | Jan. 30, 2014
Renault-Nissan announced plans to accelerate integration between the carmakers by stepping up joint projects in development, manufacturing, purchasing and human resources....
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AUTOMOTIVE NEWS EUROPE E-MAGAZINE

2014 Guide to Purchasing Executives

Jan. 23, 2014 06:01 CET
Our comprehensive annual guide to purchasing executives offers a helpful list of the people making the key procurement decisions at global automakers and suppliers....
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Database tracks parts through auto supply chain

3:14 pm U.S. ET | Dec. 16, 2013
A federal border patrol initiative sparked by 9/11 terrorism may lead to an automotive industry breakthrough in mapping its complex supply chain. The Automotive Industry Action Group of suburban Detroit is launching a new Web-based database for identifying the physical movement of finished goods, parts and materials through the automotive supply chain....
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PHILIP NUSSEL

With $1.8 billion in fines, it's time to compensate consumers for price-fixing

2:02 pm U.S. ET | Nov. 27, 2013
Kudos to the federal antitrust police for uncovering rampant price fixing throughout the automotive supply chain, but when do the victims of this massive fraud get some justice? When does the consumer collect damages? Is Uncle Sam planning to keep this money? The bottom line: the consumer should be made whole....
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3 Takata execs to plead guilty to U.S. price fixing charges

11:45 am U.S. ET | Nov. 21, 2013
Three midlevel executives of automotive supplier Takata will each plead guilty to one felony charge of conspiracy to fix the price of seat belts in cars built in the United States for Japanese automakers, the Justice Department said today....
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