According to the 6th annual Automotive News Europe/SupplierBusiness OEM-Supplier Relations Study the Bavarians at BMW AG are the automaker that most suppliers want to do business with.
This new survey shows that BMW rose to the top spot which if you consider that last year it ranked fifth.
VW was found to be the carmaker that applies the most pressure to drop the prices. BMW is trailed by Audi, Mercedes-Benz and Volkswagen brand.
Toyota was the winner last year but due to the impact of the over 8.5 million vehicles being recalled over safety risks such as unintended acceleration and poor braking.
BMW’s feat of rising to the top can be seen as quite a turnaround. BMW has been slipping in this category since 2007, which is when BMW head of purchasing Herbert Diess was ordered to cut 4 billion euros the equivalent of $5.7 billion in costs by 2012.
Either way the recent progress at BMW is one that’s quite notable, even despite announcements of them joining forces with Mercedes to keep supplier costs in check. On a sidenote, VW was found to be the carmaker that applies the most pressure to drop the prices.