Automotive News / August 29, 2005
Detroit, Michigan — General Motors purchasing czar Bo Andersson is seeing a lot of stress among GM’s suppliers.
Andersson, who oversees global component purchases of $86 billion annually, says suppliers have become so angry about their business dealings with GM that they have grabbed his tie.
GM is working with a number of large suppliers operating in Chapter 11 reorganization. And the automaker is pulling the design of vehicle interiors in-house to gain more control over quality and price.
It won’t get any…