With Fiat, Chrysler has new clout to reach out to suppliers

[Chuck]

Should have a better economy of scale, relations

Alisa Priddle - DETROITNEWS - Mar 10, 2010

It may be time for suppliers to take a chance on Chrysler Group LLC again.

The automaker has a new partner in Fiat SpA, a slew of new products to source parts for, global contracts and new leadership that wants to work more closely with its supply base and devote resources to better partnerships.

It's a significant change for an automaker that has the worst relations with suppliers in North America and has seen suppliers come and go as the Auburn Hills automaker's ownership has changed. Chrysler has suffered from cutbacks in product development and lack of money to investigate and implement suppliers' ideas.... [Read More]

[xcel]

Hi Chuck:

___Since some of these suppliers were burned in the Chrsyler bankruptcy (or paid off by the Govt. takeover?), I suspect it will be more along the lines of “Payment up front” and all that 60, 90, 120 days late payment stuff will not exist anymore.

___Good Luck

___Wayne