For suppliers with diverse ownership, there are bridges to success in the auto industry just waiting to be crossed.
General Motors, Ford Motor Co. and Stellantis are among automakers that have helped diverse suppliers along on their journeys as they work to develop a rich ecosystem of service providers that can be partners for years to come. Prime examples are the supply chain stalwarts at Detroit's James Group, and DFM Solutions, a Detroit operation that specializes in facilities and construction management.
GM, the first automaker to begin a minority supplier program in 1968, spends around $7 billion annually with diverse suppliers. The former Chrysler Corp., now Stellantis, founded its minority supplier program in 1983 and has spent more than $100 billion with diverse suppliers since. Ford has spent more than $161 billion since 1978, the year it officially created its supplier diversity program. Ford's supplier diversity initiative was a byproduct of the in…