Without a doubt, the auto industry continues to be cyclical in sales, production and the financial headlines it generates.
DENSO International America (DIAM) has supported Friends of the Rouge for 13 consecutive years with financial contributions and participation in the Rouge Education Project and annual Rouge Rescue Cleanup events.
At the second quarter OESA HR Council meeting, members addressed the challenge of engaging and retaining employees with competitive compensation and benefit packages while maintaining overall cost structures.
OESA and Ernst & Young's Global Automotive Center invite OESA members and guests to participate in a forum on June 9, 2011, at the MSU Management Education Center, in Troy, Mich. “Managing Capital for a Competitive Advantage” provides a forum for suppliers, lenders and investors to discuss capital market trends, industry financial benchmarks and strategies to raise and deploy capital.
Tom Lake, division manager, North America purchasing, Honda of America Mfg., Inc., will discuss Honda’s North American purchasing initiatives and answer questions at the first OESA town hall with Honda on Aug. 16, 2011, at the MSU Management Education Center, Troy, Mich.
The 2011 OESA Outlook Conference is a great opportunity to get your message in front of industry executives and leaders.
The May 2011 OESA Automotive Supplier Barometer Outlook Index fell to a neutral level of 50 from 66 in March as suppliers focus on overcoming the challenges of the Japan earthquake, tsunami and nuclear crisis; continuing commodity and material pricing pressures; higher oil prices; and sales mix changes.
OESA first reported on conflict minerals in the March 2011 edition of “OESA News”. At that time it was expected that the SEC would publish final rules for compliance in April, but that deadline has been pushed back until late August of this year at the earliest.
A convergence of factors in recent months has given the impression that the automotive supply industry is on the verge of pushing to a more heated consolidation phase than had been anticipated for 2011.