Volkswagen has nominated a total of 55 partners for 61 fields of competence through its ‘Volkswagen Future Automotive Supply Tracks’ (FAST) initiative.
The aim is to jointly implement faster technological innovations for customers worldwide.
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The automaker says a prerequisite is early involvement in the innovation process and synchronisation of both the corporate strategy and the production network between suppliers and the Group.
“We now have a total of 55 partners, each of them outstanding in their respective field,” said Volkswagen procurement board member, Francisco Javier Garcia Sanz.
“We want to shape the automotive future together. I am looking forward to the dialogue to make these partnerships efficient and sustainable for both sides.”
At the first strategy conference, the FAST Summit, to be held at the beginning of June, all nominated suppliers will meet representatives from Group Procurement as well as Technical Development, to synchronise and refine the joint strategic goals. The focal themes will be innovation and globalisation.
The FAST initiative will also optimise collaboration processes, maintains Volkswagen. Procurement’s new innovation point is the primary contact for suppliers and is responsible for the central coordination of themes and ideas.
Some 44 suppliers were nominated in the first wave last year, with further partners for 13 fields of competence now defined.
Faurecia
France
Exhaust systems
Boysen
Germany
Exhaust systems
Johnson Matthey
Great Britain
Coatings for catalysts & particulate filters
Arcelor Mittal
Luxembourg
Flat steel products
NGK
Japan
Particulate filters & substrates
Gestamp
Spain
Skin parts
BorgWarner
USA
Turbochargers
Hitachi
Japan
Gasoline injection systems
iSi Automotive Holding GmbH
Austria
Airbags
Lear Corporation
USA
Complete seating assemblies
AIS Automotive Interior Systems
Germany
Center consoles
Nifco KTS
Germany
Kinematic components
Siemens
Germany
Automation Technology
