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.
Contact Alisa Priddle: 313-222-5394 or email@example.com. Follow her on Twitter @AlisaPriddle.
(c)2014 the Detroit Free Press
Visit the Detroit Free Press at www.freep.com
Distributed by MCT Information Services
Original headline: BRIEF: Suppliers dealing with robust auto industry
Most Popular Stories
- Michael Jackson, Freddie Mercury on Previously Unreleased Queen Cut
- 10 Things to Know About Alibaba
- Five Steps to Protect Yourself from Data Breaches
- Concur Sold to SAP for $8.3B
- Federal Probe Finds Christie Did Not Order 'Bridgegate'
- Chrysler Recalls Nearly 189,000 SUVs
- Intruder Gets into White House
- HCL America Adding 1,200 IT Jobs
- Medical Mfg. Jobs Coming to Dayton
- Longtime Unemployed to Get Help in Las Vegas