DETROIT -- General Motors CEO Dan Akerson said GM is working to improve its relationship with suppliers, in part by giving them more precise production targets and being willing to pay a premium for new technologies.
GM is trying to be "a more reliable buyer" by sticking to its volume forecasts, Akerson said in an Oct. 13 interview. He also said GM is trying to be more upfront about its product plans so suppliers are better able to offer innovations early in the new-vehicle development process.
"We have to be more proactive in terms of what our needs are, and we have to be willing to say that if they'll bring a good idea to us first, we'd be willing to pay for it," Akerson said.
He also acknowledged GM's mostly sour relationship with suppliers over the years. GM long has languished near the bottom of industrywide rankings of automaker-supplier relations.