Toyota, Honda and GM finished at the top of the 23rd annual North American Automotive OEM – Supplier Working Relations Index® Study* that evaluates the relations between US automakers and their suppliers by mega- consultancy Plante Moran. GM, Nissan and Stellantis improved their scores. However, Toyota and Honda dropped slightly, and Ford, with a troubled supplier history, fell significantly. Stellantis showed the greatest improvement at +17 points, followed by GM (10) and Nissan (6). Nissan took over fourth place from Ford which dropped 23 points – the largest drop by an automaker this year. Toyota lost 7 points and Honda declined by 3 points.
“The industry continues to face unprecedented challenges in the shift to EVs that unless effectively addressed will only get worse,” said David Andrea, Principal in Plante Moran’s Strategy and Automotive & Mobility Consulting Practice, which conducts the annual Study. “During Covid, a ‘war room’ approach was adopted to quickly resolve critical issues. That approach is what auto manufacturers need to maintain during the transition to EV technologies. The industry needs that level of collaboration, even without the pressure of a crisis.” Continue reading








Josef Newgarden Driving a Penske-Chevrolet Wins Accident Marred Indianapolis 500
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Josef Newgarden, driver of the No. 2 Shell Powering Progress Team Penske Chevrolet, took his first Indianapolis 500 victory in accident-befouled running of Indianapolis 500 that was halted by three red flags. When the racing resumed after the final red flag with only one lap remaining, Newgarden won by 0.0974 seconds, fourth closest finish in 500 history, passing 2022 winner Marcus Ericsson on the last lap.* Santino Ferrucci – driving for four-time Indy winner A.J. Foyt came in third. Of the 107 Indy 500s raced, it was the first to have multiple red flags for crashes. (AutoInformed.com: Chevy Versus Honda in Fastest Field Ever at Indy 500)
All told, Newgarden led just five laps of the 200. Newgarden – a two-time IndyCar series champion – started the race 17th on the grid. For Tim Cindric, President at Team Penske, it was his ninth Indianapolis 500 win and the 19th for Roger Penske as team owner; the first came in 1972. However, it was Roger Penske’s first as the owner of the Indianapolis Motor Speedway since he bought it three years ago. Continue reading →