By Ulrich Viehover
June 27, 2005
Stuttgart, Germany — European automakers are forcing suppliers to take on more upfront development costs, putting parts makers at greater risk if a new model’s sales are slow.
That is a key conclusion of a report by German consultant Hans-Andreas Fein and the research firm IRN Inc. of Grand Rapids, Michigan
According to the report, “Auto Manufacturer Concession Demands 2004,” European automakers last year said they developed just 6 percent of all components on their own. That’s down from 14 percent in 2002,…