DETROIT—General Motors Co. recognized 110 of its best global suppliers during its 24th annual Supplier of the Year awards ceremony, held at the Cobo Center in Detroit.
It marks the most suppliers GM has recognized since the event debuted in 1992. It also represents a 40 percent increase compared to the 79 suppliers recognized in 2014.
Automotive suppliers from 17 countries received the award, which honors those that go above and beyond GM's requirements. Winning suppliers were chosen by a global team of GM purchasing, engineering, quality, manufacturing and logistics executives based on performance requirements in product purchasing, indirect purchasing, customer care and aftersales, and logistics.
Bridgestone Corp., Continental A.G., ABC Group, DongAh, ElringKlinger, Flexitech and U.S. Farathane were among the rubber product suppliers GM honored.
“Our priorities are focused on building positive supplier relationships, bringing new, customer-centric innovations to GM and being the OEM of choice among suppliers,” Steve Kiefer, GM vice president of global purchasing and supply chain, said in a statement. “The companies we recognize tonight not only have brought innovation, they delivered it with the quality our customers deserve.”
GM recognized Autoneum Holding A.G., Delphi Automotive, Delta Electronics, Gentex Corp. and Fanuc Corp. with innovation awards, a new honor that recognizes suppliers who develop new innovations that benefit customers.
The firm also recognized three suppliers—LGE/LG Chem., Brake Parts Inc. and Lear Corp.—with its Overdrive Award. The honor debuted in 2012 and recognizes suppliers for extraordinary leadership in cultural change and commitment initiatives that drove exceptional business results for GM.