Detroit Free Press (MI) (Published: 7-Aug 2014 7:07 AM, Received: 7:07:21 AM)
Word Count: 153
Aug. 07--ACME -- Auto suppliers have gone from dealing with excess capacity to meeting the demands of a recovering industry, says David Andrea, senior vice president of the Original Equipment Suppliers Association.
With so many vehicle and part launches this year, automakers and suppliers need each other, Andrea said at the Management Briefing Seminars held in the Grand Traverse Resort.
Roadblocks for suppliers include meeting regulations, more electronics and technology in vehicles and possibility of natural disasters. Despite that, suppliers are more optimistic about the next 12 months than they were a year ago, he said.
Auto industry has to deal with potentially disruptive forces such as automated vehicles and new players like Google competing for talent.
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Original headline: BRIEF: Suppliers dealing with robust auto industry
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