General Motors names Siemens a 2022 Supplier of the Year

Rhea-AI Summary

General Motors (NYSE: GM) awarded Siemens Digital Industries Software with the 2022 Supplier of the Year accolade at its annual event in San Antonio, Texas. This marks the 6th time Siemens has received this honor for exceeding GM's expectations in innovative technology and quality. The award recognizes suppliers who demonstrate resilience and a commitment to sustainable innovation within the automotive industry. GM emphasized the importance of collaboration with top suppliers to enhance its ambitions around electrification and decarbonization. Siemens' president, Tony Hemmelgarn, highlighted the role of the Siemens Xcelerator portfolio and digital twin technology in driving the automotive sector's transformation.

Positive

• Siemens receives the Supplier of the Year award for the 6th time, indicating strong performance and relationship with GM.
• Recognition reflects Siemens' commitment to innovative technology that supports GM’s goals for sustainable innovation.

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• None.

• Siemens receives 6^th Supplier of the Year award for exceeding GM's requirements, providing innovative technologies and delivering among the highest quality in the automotive industry

PLANO, Texas, April 13, 2023 /PRNewswire/ -- General Motors recognized Siemens Digital Industries Software as a 2022 Supplier of the Year. GM celebrated honorees at its 31st annual Supplier of the Year event in San Antonio, Texas, earlier this month.

GM's Supplier of the Year award recognizes global suppliers that distinguish themselves by exceeding GM's requirements, in turn providing customers with innovative technologies and among the highest quality in the automotive industry. This is the 6th time Siemens has received the award.

"We are delighted by this recognition of our contribution to GM's leadership in the automotive field as they work toward their goals for sustainable innovation," said Tony Hemmelgarn, president and CEO, Siemens Digital Industries Software. "This award demonstrates how the Siemens Xcelerator portfolio and our comprehensive digital twin technology continues to enable true pioneers and innovators to bring together the physical and digital worlds. This is never truer than in the automotive industry as it faces the challenges of electrification, autonomy and decarbonization."

"We are thrilled to recognize these outstanding suppliers after yet another challenging year in the automotive industry," said Jeff Morrison, GM vice president of Global Purchasing and Supply Chain. "They overcame countless obstacles and exemplified what it means to be resilient, resourceful and determined. Beyond that, these suppliers demonstrated their commitment to sustainable innovation and to driving advanced solutions in collaboration with the GM team."

Each year, GM's Supplier of the Year recipients are selected by a global, cross-functional GM team for their performance in criteria such Product Purchasing, Global Purchasing and Manufacturing Services, Customer Care and Aftersales and Logistics.

Siemens Digital Industries Software helps organizations of all sizes digitally transform using software, hardware and services from the Siemens Xcelerator business platform. Siemens' software and the comprehensive digital twin enable companies to optimize their design, engineering and manufacturing processes to turn today's ideas into the sustainable products of the future. From chips to entire systems, from product to process, across all industries, Siemens Digital Industries Software is where today meets tomorrow.

General Motors (NYSE:GM) is a global company focused on advancing an all-electric future that is inclusive and accessible to all. At the heart of this strategy is the Ultium battery platform, which will power everything from mass-market to high-performance vehicles. General Motors, its subsidiaries and its joint venture entities sell vehicles under the Chevrolet, Buick, GMC, Cadillac, Baojun and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety and security services, can be found at https://www.gm.com. 

Siemens Digital Industries (DI) is an innovation leader in automation and digitalization. Closely collaborating with partners and customers, DI drives the digital transformation in the process and discrete industries. With its Digital Enterprise portfolio, DI provides companies of all sizes with an end-to-end set of products, solutions and services to integrate and digitalize the entire value chain. Optimized for the specific needs of each industry, DI's unique portfolio supports customers to achieve greater productivity and flexibility. DI is constantly adding innovations to its portfolio to integrate cutting-edge future technologies. Siemens Digital Industries has its global headquarters in Nuremberg, Germany, and has around 76,000 employees internationally.

Siemens AG (Berlin and Munich) is a technology company focused on industry, infrastructure, transport, and healthcare. From more resource-efficient factories, resilient supply chains, and smarter buildings and grids, to cleaner and more comfortable transportation as well as advanced healthcare, the company creates technology with purpose adding real value for customers. By combining the real and the digital worlds, Siemens empowers its customers to transform their industries and markets, helping them to transform the everyday for billions of people. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a globally leading medical technology provider shaping the future of healthcare. In addition, Siemens holds a minority stake in Siemens Energy, a global leader in the transmission and generation of electrical power.

In fiscal 2022, which ended on September 30, 2022, the Siemens Group generated revenue of €72.0 billion and net income of €4.4 billion. As of September 30, 2022, the company had around 311,000 employees worldwide. Further information is available on the Internet at www.siemens.com.

Note: A list of relevant Siemens trademarks can be found here. Other trademarks belong to their respective owners

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SOURCE Siemens Digital Industries Software

FAQ

What recognition did GM give to Siemens in 2022?

General Motors named Siemens Digital Industries Software as the 2022 Supplier of the Year.

How many times has Siemens been recognized as GM's Supplier of the Year?

Siemens has received the Supplier of the Year award from GM six times.

What is the significance of GM's Supplier of the Year award?

The award recognizes suppliers that exceed GM's expectations and contribute to innovative technology and high quality.

When was the Supplier of the Year event held by GM?

The Supplier of the Year event took place in April 2023.

What challenges did GM's suppliers face during 2022?

Suppliers had to overcome numerous obstacles, demonstrating resilience and innovation amidst challenges in the automotive industry.