GM Daewoo Auto & Technology has called in its South Korean suppliers for key quality talks aimed at achieving zero defects in new products such as the Alpheon luxury sedan.
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The carmaker invited several of its domestic suppliers to visit its Incheon headquarters this week for meetings with corporate and core product development and quality executives.
GM Daewoo president and CEO Mike Arcamone explained the company’s new purchasing processes and encouraged suppliers to explore opportunities in global markets, including eastern Europe, which are expected to experience high growth.
He cited Uzbekistan, where GM Daewoo sold 99,000 vehicles in 2005 and expects to sell 227,000 this year, growth of 126% over five years.
Arcamone said: “”Securing the highest-quality parts is essential for the continued success of both GM Daewoo and our suppliers. [We] will maintain an open dialogue with our suppliers for long-term mutual growth as we seek new opportunities beyond Korea’s borders.”
South Korean suppliers are playing a growing role in GM globally. Of GM’s 76 Suppliers of the Year for 2010, 17 – or 22% – are from Korea.
