Bad Neustadt Preh was named a GM Supplier of the Year by General Motors during its 26th annual Supplier of the Year awards ceremony held Friday, April 20 in Orlando, Florida.
GM recognized 132 of its best suppliers from 17 countries who have consistently exceeded GM’s expectations, created outstanding value, or brought new innovations to the company. The announcement represented the most suppliers GM has recognized since debuting the Supplier of the Year event in 1992. This is the 6th time Preh has received the award.
“This is an opportunity for General Motors to honor those suppliers who are truly the best of the best,” said Steve Kiefer, GM senior vice president, Global Purchasing and Supply Chain. “The automotive industry is transforming at an incredible rate. The relationships we have with our supply base means everything when it comes to delivering a strong vehicle lineup today and the cutting-edge vehicles and mobility services of tomorrow.”
More than 45 percent this year’s Supplier of the Year awardees are repeat winners from 2016.
GM’s Supplier of the Year award is reserved for suppliers who distinguish themselves by meeting performance metrics for quality, execution, innovation, and total enterprise cost. Award winners represent companies who provide products and services to General Motors in the areas of vehicle components, supply chain and logistics, customer care and aftersales, and indirect services.
Christoph Hummel, President and CEO of Preh, said at the award ceremony: “We are proud of having received this prestigious recognition again. The award demonstrates that our employees have done an excellent job, which has won us the recognition as one of GM’s best suppliers for the 6th time now“.