By Robert Sherefkin, Automotive News
In a soon-to-be-released survey of 259 North American suppliers, parts makers say they are raising r&d budgets and capital expenditures for Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co. while reducing expenditures for the Big 3.
“The suppliers see that the real opportunities are with the transplants,” says John Henke, president of Planning Perspectives Inc., a consulting firm in the Detroit suburb of Birmingham. “This is a very powerful argument that suppliers are shifting their resources.”
In part, the suppliers’…