Suppliers would rather do business with Toyota than with the Detroit 3. And the gap is getting bigger.
In an annual survey of 362 automotive suppliers scheduled for release today, May 12, by researcher John Henke, president of Planning Perspectives, Toyota Motor Corp. and Honda Motor Co. got high grades for building trust with their vendors.
Nissan Motor Corp. and Ford Motor Co. were considered adequate, while suppliers gave poor ratings to Chrysler Group and General Motors.
The results are somewhat surprising since the Detroit 3 had closed the gap with their Japanese rivals over the previous six surveys.
The Planning Perspectives survey is no mere popularity contest. When suppliers decide which automakers get their best new features and technology, they tend to favor the automakers that treat them well.