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General Motors Honors Yazaki Corporation as Corporation of the Year
Detroit (ots/PRNewswire) - General Motors Corp. named Yazaki Corporation as its Corporation of the Year at the 13th annual Supplier of the Year celebration held Saturday in Detroit. In addition to being named the 2004 Corporation of the Year, the company was been recognized as a GM Supplier of the Year.
"In 2004, Yazaki demonstrated the strong capabilities of being a global supplier, enabling them to support our production needs throughout the world," said Bo Andersson, GM Vice President, Global Purchasing and Supply Chain. "They performed exceptionally well on our vehicle launches, including the Cadillac STS, and met or exceeded all their global performance metrics. In addition, within two hours of the deadly tsunami sweeping through Asia, Yazaki notified us that their employees and facilities in the region were safe."
Yazaki Corporation is among 78 suppliers representing the global automotive community that were honored at this year's celebration.
"We are extremely pleased to have been recognized by General Motors as their 2004 GM Corporation of the Year," said Riku Yazaki, president of Yazaki's General Motors Business Unit. "GM is a very important customer for us, and their appreciation of our services is a valuable reward for our efforts. Yazaki's commitment to GM's future success is strong, and we are confident that our partnership will improve both of our positions in today's challenging environment."
The GM Supplier of the Year program began in 1992 and each year, a global team of purchasing, engineering, manufacturing and logistics executives determines the winners. Its decisions are based on supplier performance in the areas of quality, service, technology and price.
General Motors Corp. (NYSE: GM), the world's largest automaker, has been the global industry sales leader since 1931. Founded in 1908, GM today employs about 321,000 people around the world. It has manufacturing operations in 32 countries and its vehicles are sold in 200 countries. In 2004, GM sold nearly 9 million cars and trucks globally, up 4 percent and the second-highest total in the company's history. GM's global headquarters are at the GM Renaissance Center in Detroit. More information on GM can be found at http://www.gm.com .
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