Volkswagen AG has tabbed 55 different companies around the world for its “Volkswagen Future Automotive Supply Tracks, or FAST.
The new program “is to jointly implement technological innovations for customers worldwide even faster than in the past,” according to a VW press release.
The new list includes BorgWarner, a company based in Auburn Hills, Mich. and with a facility in Seneca as well as Fletcher and Asheville, North Carolina.
“We now have a total of 55 partners, each of them outstanding in their respective field,” said Francisco Javier Garcia Sanz, member of the Volkswagen Aktiengesellschaft Board of Management responsible for procurement. “We want to shape the automotive future together. I am looking forward to the dialog to make these partnerships even more efficient and sustainable for both sides.”
Representatives of all 55 companies will meet with VW procurement officials during a FAST Summit in June. Forty-four suppliers were previously nominated for the process and Volkswagen nominated another 11 ranging from France to Germany and the United States.
The newly-nominated partners include:
|Fast partner||Country||Field of competence|
|Johnson Matthey||Great Britain||Coatings for catalysts & particulate filters|
|Arcelor Mittal||Luxemburg||Flat steel products|
|NGK||Japan||Particulate filters & substrates|
|Hitachi||Japan||Gasoline injection systems|
|iSi Automotive Holding GmbH||Austria||Airbags|
|Lear Corporation||USA||Complete seating assemblies|
|AIS Automotive Interior Systems GmbH||Germany||Center consoles|
|Nifco KTS GmbH||Germany||Kinematic components|