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Tag Archive for 'suppliers'

SCORE being returned after 10-year hiatus

The old Chrysler plan (SCORE) of splitting cost savings from supplier ideas is being brought back, with Chrysler and supplier each getting 50% of the savings. This highly successful plan resulted in billions of dollars in savings when implemented in the 1990s.

Hyundai to supply more Jeep chassis modules

Massive supplier Hyundai Mobis will supply modules used in the Jeep Grand Cherokee and Dodge Durango chassis, starting in 2010. The order will generate around $2 billion in revenue for the Korean company, which already provides chassis components at the Jeep Supplier Park.

Magna to build on former Chrysler headquarters

Canadian parts supplier Magna International, which is currently bidding for Opel, will build a new seating plant on the former site of the Chrysler Corporation headquarters in Highland Park, Michigan. The site was abandoned after the corporate offices were built in Auburn Hills.
Automotive News reported that the new plant will start production in May 2010, [...]

Chrysler salaried workers to be paid during break

Chrysler Group LLC’s salaried workers get to breathe a sigh of relief: they won’t be forced to take a two-week unpaid furlough this summer. According to spokeswoman Shawn Morgan, they will still have a two-week break but it will be a paid vacation instead of a nearly four percent pay cut.
When Chrysler LLC was in [...]

Windsor, Brampton re-opening imminent

The Windsor Star reported that the minivan plant could be open within two weeks, with Brampton opening later, to refresh the stock of minivans in Canada. CAW Local 444 leader Rick Laporte said management is considering a three-shift operation due to supply constraints, which would avoid a Saturday shift premium and postpone payments to laid-off [...]

CEO pay vs profits for auto suppliers

Automotive News recently published its list of salaries for automotive executives. While there is a statistically significant (if weak) correlation between total compensation and corporate profit, if you remove the top two CEOs – for Eaton and Johnson Controls – the relationship disappears completely. (This list does not include the CEOs for Ford and GM; [...]

Chrysler names desired suppliers

Chrysler has just filed a document naming 1,200 suppliers  it wants to keep working with, transferring their contracts to the new New Chrysler. It is starting to work on moving the contracts to the new company, which may be created at the end of May or start of June. More suppliers may be added soon to [...]




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