WARREN, Mich. (Feb. 28)—DaimlerChrysler A.G., Ford Motor Co. and General Motors Corp. said they are pooling their e-commerce initiatives to form one, standard exchange, giving suppliers and customers a common trading platform. Details have yet to be worked out for the as-yet unnamed company, but the three will be equal partners in the independent venture and offer equity stakes to other car makers who would like to join. The new exchange is meant to provide confidence in the supply base, said GM´s Harold Kutner, group vice president of worldwide purchasing.
North American car makers form industry exchange
Rubber & Plastics News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].