By Alex Graham, Automotive News Europe
New personnel in key positions, more sourcing from low-cost countries and shorter life cycles are some of the key developments that will continue to affect component purchasing in Europe this year.
Other trends include the reliance on coachbuilders and the sharing of components between models. Both tactics are being used to cost-effectively create more models.
Automakers’ purchasing policies can be driven as much by the personalities of the top executives as by market conditions and other…