Automotive News is a monthly magazine focused on the automobile industry. It is published by MRN, a publicly traded company that is headquartered in Detroit, Michigan. The main intent of this magazine is to provide consumers with up-to-date information on the automotive industry. This includes information on new vehicles, trends in the industry, and various manufacturing plants.
The Automotive News Top 100 Suppliers list is a compilation of the top 100 automotive manufacturers in the world according to an industry poll. This list was created by a company called NADA, which is an information company specializing in market research and consumer information. The pollsters contacted automotive trade organizations, suppliers, and individual manufacturers around the United States. Each of these respondents were asked to indicate their top three suppliers for the automobile industry. The results were then aggregated to form the basis for the Automotive News Top 100 Suppliers survey. The data was then analyzed to identify the key stakeholders in the industry.
Automotive News is committed to providing the best information to its readers and they do so by following a number of different policies. First, they only select suppliers that have a demonstrated history of success and a good reputation among their customers. They also take into account how customers feel about the service and support provided by the suppliers. These are just some of the ways that the company ensures that their customers get only the best.
In addition to the factors that they use to determine the top suppliers, Automotive News takes a look at the financial health of the industry as well. They evaluate the strength and weakness of each industry component on a quarterly basis. Additionally, the indicators used to determine the top vendors help Automotive News to better understand the economic environment of the automotive industry. The data they collect helps them to make decisions regarding the types of inventory they should buy, what incentives to offer to dealers, and which plants should they shut down.
Many of the automotive components and parts suppliers in the US are members of trade associations or unions. Automotive News decides which vendors are part of their Top 100 suppliers based on the information that they receive from these organizations. By being a member of a trade association or union, the suppliers are able to give their members better pricing, better customer service, and a better chance of building long-term relationships with their customers and other business partners. However, if a company wishes to be considered for inclusion in the list, it is required that the manufacturing facility have the capacity to produce the materials that the suppliers need on an ongoing basis.
Many of the automotive companies involved in the making of car parts sell their products through distributors and retailers. Automotive news keeps the companies that sell their own parts in the industry informed of recent trends in the market. They also provide reviews of new distributors as well as suppliers of automotive parts. Since the suppliers on the list have demonstrated their ability to sell high quality automotive accessories and parts, the automotive news top suppliers list continues to rise in popularity.