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GM improves ranking in annual provider relations research By Reuters 


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© Reuters. FILE PHOTO: Engine casting blocks, utilized in a wide range of Common Motors vehicles, vans and crossovers, transfer down the meeting line on the GM Romulus Powertrain plant in Romulus, Michigan, U.S. August 21, 2019. Rebecca Prepare dinner/File Photograph

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DETROIT (Reuters) – Common Motors Co (NYSE:) strengthened relations with its suppliers final yr regardless of the impression of the COVID-19 pandemic and the worldwide semiconductor chip scarcity, in response to an annual North American survey launched on Monday.

The No. 1 U.S. automaker improved its rating in consulting agency Plante Moran’s annual Working Relations Index by 20 factors to 289, transferring it nearer to annual leaders Toyota Motor (NYSE:) Corp (347 factors) and Honda Motor Co (316 factors), each of which noticed their scores go up barely. (https://

The annual survey measures belief and communication suppliers have with prospects, one thing that interprets to raised pricing, and provider willingness to put money into and share new applied sciences with automakers.

“The business went by means of a trial by fireplace this previous yr, however seeing the constructive outcomes for 4 of the six automakers was a shock in some ways,” Dave Andrea, principal in Plante Moran’s automotive apply, stated in a press release. “Sometimes, a disaster shouldn’t be the time to enhance established relations.”

GM Vice President of world buying Shilpan Amin stated in a separate assertion the survey outcomes present the corporate’s efforts to strengthen provider ties.

“This supplies many essential advantages, together with stronger enterprise outcomes for each GM and the availability base, together with provider willingness to put money into new expertise,” he stated.

Ford Motor (NYSE:) Co noticed its ranking drop 15 factors to 249, whereas Fiat Chrysler (FCA), previous to its merger with France’s PSA to create Stellantis earlier this yr, noticed a 28-point decline to 170. FCA completed final behind Nissan (OTC:) Motor Co, which noticed a 21-point enchancment to 211.

Tesla (NASDAQ:) Inc doesn’t take part within the Plante Moran research.

The annual survey was carried out from mid-February to mid-April, drawing responses from 728 salespeople at 479 suppliers that signify about half of the six automakers’ annual purchases, Plante Moran stated.

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