Purchasing

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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DUSTIN WALSH

How the TRW-GM rift signals power shift

2:40 pm U.S. ET | Nov. 13, 2013
Last month TRW CEO John Plant told investors the safety components supplier was walking away from a $700 million brake contract. The move represents one of the largest dropped contracts in recent memory, and industry experts say it is representative of the new power shift between North American suppliers and automakers....
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EDITORIAL

Open-minded automakers score with suppliers

12:01 am U.S. ET | Nov. 11, 2013
There are encouraging developments in a new Deloitte Touche Tohmatsu survey of suppliers ranking the purchasing operations of 14 North American automakers....
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A gearhead takes on Ford global purchasing

Nov. 1, 2013 06:01 CET
DETROIT -- A consummate gearhead who was once a race engineer for Mario Andretti and Nigel Mansell, Hau Thai-Tang made a name for himself as chief engineer of the 2005 Ford Mustang....
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Ford purchaser Thai-Tang: Learn from history's great shoppers

Nov. 1, 2013 06:01 CET
Hau Thai-Tang, Ford's new global purchasing chief, says it's important that his component buyers be willing to learn from the company's joint venture partners in other countries, including Changan Ford in China, Otosan in Turkey and Sollers in Russia....
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GM and TRW likely parting ways on $700 million brake contract

3:51 pm U.S. ET | Oct. 29, 2013
A dispute between TRW Automotive and General Motors may end a $700 million brake component contract, sources told Crain's Detroit Business. TRW last month disclosed that it terminated a brake component contract, representing $700 million in revenue, with an undisclosed customer....
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A gearhead takes on Ford global purchasing

12:01 am U.S. ET | Oct. 28, 2013
DETROIT -- A consummate gearhead who was once a race engineer for Mario Andretti and Nigel Mansell, Hau Thai-Tang made a name for himself as chief engineer of the 2005 Ford Mustang....
Read More »

 

Ford purchaser Thai-Tang: Learn from history's great shoppers

12:01 am U.S. ET | Oct. 28, 2013
Hau Thai-Tang, Ford's new global purchasing chief, says it's important that his component buyers be willing to learn from the company's joint venture partners in other countries, including Changan Ford in China, Otosan in Turkey and Sollers in Russia....
Read More »

 

Ford plans to reduce its suppliers by 40% in global car push

Oct. 22, 2013 06:01 CET
Ford Motor Co., which purchases about $100 billion worth of parts annually, plans to reduce its roster of suppliers by 40 percent to cut the cost of building its vehicles....
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Surge in auto production impairs quality of parts, Ford purchasing boss says

10:34 am U.S. ET | Oct. 21, 2013
The recent surge in auto production in the United States is hurting vehicle quality because automotive parts suppliers have less time to fix problems that emerge on the line, Ford's new global purchasing chief told reporters today....
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NEWS ANALYSIS

Why no C-level execs have been charged in supplier price-fixing cases

10:47 am U.S. ET | Oct. 15, 2013
In an industry in which supplier CEOs and CFOs often accompany sales teams on visits to establish new lines of business with their automaker customers, none of the individual executives to face charges in the United States so far hails from top management posts at any of the suppliers' parent companies....
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Tesla in talks with Samsung SDI for battery supply deal

7:07 am U.S. ET | Oct. 4, 2013
Tesla Motors may name South Korean battery producer Samsung SDI Co. as an additional supplier as the California electric vehicle maker tries to add more models and expand....
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Garberding, Pino named to new jobs

12:01 am U.S. ET | Sept. 23, 2013
Chrysler Group has appointed Mauro Pino, 53, head of manufacturing in North America....
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