Southfield, Michigan -- The Automotive Industry Action Group (AIAG) gained 75 new member companies in 2009, despite a turbulent year for the automotive industry, the AIAG said 22 Jan.
A non-profit organisation, the AIAG works with OEMs, suppliers, service providers, governments and academia to "facilitate industry consensus and resolve issues via the adoption of common business practices," the statement said.
"We know that on a going forward basis, our interdependence as an industry will have a significant impact on our ability to manage the recovery and sustain profitable growth," said AIAG executive director, Scot Sharland.
By collaborating with competitors in a neutral environment, the AIAG said, members are able to identify inefficiencies in business processes. Initiatives are then developed and implemented at AIAG, by member companies, to save the industry millions of dollars and drive rework, error and scrap out of the global automotive supply chain, the statement added.
For more information visit www.aiag.org (RD)