Chrysler completes supplier selection for Fiat 500
April 16th, 2010 by Bill Cawthon
The deals are done, the winners have been picked. According to Dan Knott, senior v-p of purchasing announced 145 suppliers have been selected to furnish parts for the U.S.-market Fiat
500s to be built in Chrysler’s Toluca, Mexico, plant.
Among the suppliers are 35 NAFTA-based companies that did not make parts for the European 500. Knott said about 66% of the total business went to companies that were not in Fiat
's current supply chain
though some make parts for Chrysler vehicles.
The new-for-America Fiat
500 goes on sale at Chrysler dealers at the end of this year.
Knott, who was speaking at the Society of Automotive Engineers World Congress, also said Chrysler is working hard to mend damaged supplier relationships. In a survey conducted while the company was still owned by Cerberus Capital Management, suppliers rated Chrysler dead last among automakers with 54% saying they were either ambivalent or would rather not do business with the company.