TITLE

Survey: Suppliers' preference for Japanese automakers rises

AUTHOR(S)
Sherefkin, Robert; Armstrong, Julie Cantwell
PUB. DATE
May 2003
SOURCE
Crain's Detroit Business;5/12/2003, Vol. 19 Issue 19, p31
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article reports on a survey which suggests the preference of automobile suppliers towards the automobile manufacturing companies from Japan compared with the companies in the U.S. Ranging from trust to perceived opportunity to make acceptable profits, Japanese automakers consistently outperform their U.S. counterparts. Of the 17 issues measured, maximum importance is given to trust. Japanese automakers in North America enjoy a leaner cost structure and lower warranty costs than the U.S. companies as well as modern plants in low-cost areas. General Motors Corp., Ford Motor Co. and DaimlerChrysler AG are facing high labor and warranty costs, old and less-efficient plants and post-retirement costs.
ACCESSION #
9887312

 

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