TRAVERSE CITY - A survey of auto suppliers found that when it comes to sending work overseas, product design is the most likely to go.
That's according to a survey done by Gedas for the Center for Automotive Research and released today at the Management Briefing Seminars.
The reading on mergers and acquisitions was mixed. Executing mergers and acquisitions ranked below developing engineering and innovation. But 59 percent said acquisitions were "important" to "very important," while 41 percent said they were "somewhat important" to "not important at all."
"No other question had this type of distribution," said Bernard Swiecki, project manager for the economics and business group of the Center for Automotive Research. "There was no consensus."
Swiecki said the data and interviews show that the opinion of mergers and acquisitions depends on the company. Some prefer so-called "organic" growth, while others like to grow through acquisitions.
The survey looked at 110 suppliers, 35 of which have responded so far. The results were preliminary. The final report will be released in October.