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Auto suppliers scrap e-marketplace plans

Published on .

Detroit-A joint effort by top-tier auto suppliers to form their own supply-side e-marketplace fell apart Thursday, as the companies said they concluded their joint b-to-b study and decided to go their own ways. In April, Delphi Automotive Systems Corp., Dana Corp., Germany's Robert Bosch GmbH and other auto parts makers came together to investigate creating an e-marketplace, as auto suppliers have been struggling with their e-marketplace strategies. They initially insisted on equity partnership in automaker e-market Covisint, which was rebuffed. Many suppliers are now on board with Covisint; for instance, ArvinMeritor Inc. did its first Covisint transaction last month.
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