18 Korean Companies Included in GM Excellent Partners... Most Overseas Companies
Eighteen South Korean companies were named at the General Motors (GM) Excellent Supplier Awards ceremony. This is the second highest number after the United States, where GM's headquarters and main plants are located.
On the 11th (local time), GM held the 2023 Excellent Supplier Awards ceremony in Miami, USA, and announced 86 selected companies. Major parts suppliers and partners from various fields were selected, including Mobis, Glovis, HL Mando, Hanon Systems, Dn Automotive, DY Auto, Sungwoo Hitech, Jinyang Automotive, and Cheonil Engineering.
GM selects excellent suppliers based on their performance, innovation, and contribution to achieving goals. They also evaluate how well the suppliers embody GM's prioritized values of safety, inclusion, and relationships, as well as sustainability, resilience, and profitability. Jeff Morrison, GM's Vice President of Global Purchasing and Supply Chain, said, "The innovation and support of our suppliers are critical factors in producing world-class vehicles that customers expect."
Hot Picks Today
"Stock Set to Double: This Company Smiles Every...
- "Is Yours Just Gathering Dust at Home? Millennials & Gen Z Rediscover Digicams O...
- "Continuous Groundwater Pumping Causes Mexico City to Sink 24cm Annually... 'Gia...
- "I Take Full Responsibility"... Seongjae Ahn Issues Direct Apology for 'Wine Swi...
- “She Shouted, ‘The Rope Isn’t Tied!’... Chinese Woman Falls from 168m Cliff ...
The number of GM excellent suppliers in South Korea has more than tripled, increasing from five in 2005 to eighteen in 2023. GM also stated that it is making various efforts to support domestic suppliers as they expand overseas.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.