Honda leads the pack in rapport with parts makers: study

25 May 2009

Honda Motor Co takes the top spot on rapport with its parts makers, according to a study that evaluates relationships between auto suppliers and six major automakers.

The study revealed that Honda has the best relationship with its parts makers and Ford Motor Co has greatly improved its relationship with suppliers.

Birmingham-based consulting firm Planning Perspectives Inc carried out the study, the eighth it has conducted so far.

The survey was carried out on 231 suppliers between February and April. The suppliers were asked questions as to how much they trusted their customers and how often customers made last-minute changes.

According to John Henke, chief executive officer of Planning Perspectives, it all boiled down to individuals believing that having good relations was worthwhile.

The survey comes as the recession compels cutting off revenue across the industry and both automakers and suppliers are forced to operate on low cash reserves in the wake of declining auto sales.