BMW Sues A/C Suppliers for Price Fixing
BMW AG is demanding €141 million ($155 million) in damages from two suppliers of air-conditioning systems, claiming they conspired to rig prices.
German business daily Handelsblatt says the lawsuit targets Denso Corp. and Valeo SA. BMW confirms the filing but has declined to offer specifics about its claims.
Denso and Valeo were among six vendor fined in 2017 by the European Commission after admitting they rigged bids on air-conditioning and engine-cooling systems between 2004 and 2009.
Dan Nicholson is vice president of General Motors Global Propulsion Systems, the organization that had been “GM Powertrain” for 24 years.
Effective management is a timeless skill—as demonstrated by this treasure of an article from the AutoBeat Group archive. Although the tools of the trade have changed and proliferated, the basics remain the same. Here are 8 old school (and just darn practical) rules for being an excellent manager.
Delegates to the United Auto Workers union’s annual convention in Detroit have overwhelmingly approved a 31% raise for their salaried international leaders.