Happy New Year!
In 2009 and 2010, automotive OEM’s and their supply base drastically restructured their businesses in order to make money at an annual sales rate of 10.0 to 12.0 million vehicles. As we close the book on 2010, the news from the automotive industry continues to improve with car sales increasing steadily. The latest predictions for annual sales in 2011 fall within a range of 12.4 to 14.0 million vehicles with 12.9 million as a consensus.
The question now for many OEM’s and large Tier 1&2 suppliers is how do they manage this additional volume without increasing their overhead and capital costs? The obvious solution is to outsource the lower margin parts to reliable, low cost partners.
Over the last 16 years, AGS Technology has developed an excellent reputation as a low cost, dependable supplier. By focusing on the judicious use of recycled materials and constantly streamlining its operations, AGS Technology continues to offer the following benefits:
- Cost Savings
- Recycled content
- ISO/TS16949 certification
- Certified minority owned business
For 2011 AGS stands ready to provide these benefits to all new and existing customers.
Below are the latest examples of new launch products where AGS is realizing this commitment.