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MarketScreener Homepage  >  Equities  >  Nyse  >  General Motors Corporation    GM

GENERAL MOTORS CORPORATION

(GM)
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General Motors : GM Honors Global Suppliers for Innovation, Quality and Performance

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05/17/2019 | 11:18pm EDT

2019-05-17


DETROIT - General Motors recognized 133 of its best suppliers from around the globe during its 27th annual Supplier of the Year awards ceremony in Warren, Michigan. More than half of the suppliers are repeat winners from 2018.

Automotive suppliers from 15 countries received GM's coveted Supplier of the Year award for going above and beyond GM's requirements, providing customers with the most innovative technologies and delivering quality vehicles.

'We hold our suppliers to a high bar,' said Steve Kiefer, GM senior vice president, Global Purchasing and Supply Chain. 'They went above and beyond to deliver the innovations and quality that will help us earn customers for life.'

In addition to naming its top suppliers, GM recognized four suppliers with the distinctive Innovation Award, including:

  • Multimatic - produced the GMC Multipro Tailgate step assembly, which allows for easier entry and egress to the truck bed when deployed and stylishly integrates into the tailgate assembly when stored.
  • Teijin / Continental Structural Plastics - executed the GMC Sierra's CarbonPro pickup box. The industry's first carbon fiber reinforced thermoplastic pickup box saves 62 pounds of mass and provides unprecedented strength and durability.
  • Innolux - developed an innovative approach to mask reflectivity in touch panel displays, creating a uniform solid black appearance when power is off.
  • BorgWarner, Inc. - created the dual volute turbocharger used in the 2019 Chevrolet Silverado and GMC Sierra. This new turbocharger delivers best-in-class response time when the vehicle is accelerating from low speed.

GM also honored four companies - Lear, Penske, Shiloh and Stanadyne - with its Overdrive Award. The award, first given in 2012, recognizes supply partners for extraordinary leadership in cultural change and commitment initiatives that drive exceptional business results for GM.
The Supplier of the Year, Overdrive and Innovation award winners were chosen by a global team of GM purchasing, engineering, quality, manufacturing and logistics executives. Winners were selected based on performance criteria in Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales, and Logistics.

General Motors' 2018 Supplier of the Year award winners include:

ABC Technologies
Active Aero Group
AGI
AK Steel Corporation
AKWEL SA
Allegis Global Solutions
Alpine Electronics
American Axle & Manufacturing
Android Industries
ATLASBX CO., LTD.
Attentive Industries, Inc.
AUSTEM Co., Ltd
AutoGen
Baoshan Iron & Steel Co., Ltd.
Barton Malow
BASF Corporation
Belcan, LLC
Black Horse Carriers
Bose Corporation
Bridgestone Corporation
Brose
Buehler Motor
Cadillac Products Automotive Company
Carl Zeiss Industrial Metrology
Chasys Co., LTD.
Chunil Cargo Transportation Co., Ltd.
CITIC Dicastal Co.
Coastal Automotive
COAVIS
Comau
Commonwealth//McCann
Continental Tire
Cooper Standard
CREA Co., Ltd.
Cunningham Brothers Auto Parts LLC
CVS Health
Czarnowski Display Services
Dakkota Integrated Systems, LLC
Dana Incorporated
Day & Ross Dedicated Logistics
DENSO International America, Inc.
dfYOUNG, INC.
DGENX CO., LTD.
DOOSAN INFRACORE
DTR Automotive Corporation
DY AUTO Corporation
Dynamic Manufacturing, Inc.
ExxonMobil Fuels and Lubricants
FANUC CORPORATION
FedEx Corporation
GALLAGHER-KAISER CORPORATION
Gebr. Heller Maschinenfabrik GmbH
Gentex Corporation
GHSP, Inc.
GP Strategies
GROB-WERKE GmbH & CO. KG
Ground Effects Ltd.
Hankook Tire
Hanon Systems
HELLA Electronics Corporation
HIROTEC MEXICO
Hitachi Automotive Systems Americas, Inc.
IDEUNTECH CO., LTD.
IFA

ILJIN GLOBAL CO., LTD.
International Automotive Components Group
INZI AMT Co., LTD.
iwis engine systems, LP
Jack Morton Worldwide
JPC Automotive Co., Ltd.
Kawasaki Kisen Kaisha, Ltd.
KM&I Co., Ltd.
Korea Autoglass Corporation
KUKA Systems North America
KWANGJIN
Lawrence Plastics, LLC
Lear Corporation
Lee Contracting, Inc.
Leggett & Platt Automotive
LINAMAR CORPORATION
Lizhong Wheel Group
LLamasoft Inc.
Magna Powertrain
MANN+HUMMEL GmbH
Martin Transportation Systems
MAXXIS
Means Industries
Michelin North America
MITSUBISHI HEAVY INDUSTRIES ENGINE & TURBOCHARGER
MNP Corporation
Mobis Co., Ltd.
MOREX Co., Ltd.
Motus Integrated Technologies
MRC Manufacturing Inc.
Mubea
Multimatic
Nemak
NS AUTOTECH CO., LTD.
Nucor
OMRON Automotive Electronics, Inc.
Penske Logistics
Plast-O-Foam LLC
PRECISION INTERNATIONAL AUTOMOTIVE PRODUCTS INC.
Preh GmbH
Premium Sound Solutions
Quality Engineering Company
S&T Motiv Co., Ltd.
Seil Intech Co., Ltd.
Shanghai Daimay Automotive Interiors
Shannon Precision Fastener
Shell Oil Products
SL Corporation
SM Namsun Aluminum Automotive Parts
SUNGWOO HITECH CO.,LTD.
Taeyang Metal Ind. Co., Ltd. Tenneco Inc.
The Goodyear Tire & Rubber Co.
Transportes Logisticos Especializados S.A.
U.S. Tsubaki Automotive, LLC
USUI International Corporation
Veoneer
Verspeeten Cartage
Walbridge
Wallenius Wilhelmsen Ocean
WOOSHIN SAFETY SYSTEMS CO LTD
XPO Logistics Managed Transportation
Yazaki North America
YEONG HWA METAL Co., Ltd.

General Motors (NYSE:GM) is committed to delivering safer, better and more sustainable ways for people to get around. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Cadillac, Chevrolet, Baojun, Buick, GMC, Holden, Jiefang and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, Maven, its personal mobility brand, and Cruise, its autonomous vehicle ride-sharing company, can be found at http://www.gm.com.

Disclaimer

GM - General Motors Company published this content on 17 May 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 May 2019 03:17:06 UTC

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Financials ($)
Sales 2019 146 B
EBIT 2019 11 920 M
Net income 2019 8 693 M
Finance 2019 6 183 M
Yield 2019 4,47%
P/E ratio 2019 5,77
P/E ratio 2020 6,14
EV / Sales 2019 0,30x
EV / Sales 2020 0,29x
Capitalization 49 814 M
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Number of Analysts 20
Average target price 46,3 $
Spread / Average Target 32%
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NameTitle
Mary Teresa Barra Chairman & Chief Executive Officer
Mark L. Reuss President
Dhivya Suryadevara Chief Financial Officer & Executive Vice President
Randall D. Mott Chief Information Officer & Senior Vice President
Patricia Fiorello Russo Independent Director
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