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Toyota dropped to secon in the surveyby , which has conducted the survey sinc e 2002, and Nissan came in Of the Big Three automakers from Detroit, (NYSE: F) came in aheafd of the other U.S. giants, followed by GM) and , which came in last overalol in the survey for the seconcd year ina row. “Research we began in the early 1990ws always showed Toyota as having the best relationshiop withits suppliers, but somethingy seems to be changing,” said John Henke Jr., president of Michigan-based Planninv Perspectives. “They’re looking a little more like U.S. Ltd.
(NYSE: HMC) reported its sales for April slid25 percent, and that it woulds be cutting production as it continues to cope with the economic Marysville, Ohio-based Honda of America Manufacturing employs more than 12,00 workers at assembly and engine plants in and aroundd Central Ohio, where they produce Honda Accords, CR-Vs, Elements and Acura TLs and (NYSE: TM) reported it has lost $4.4 billion for the most recenf fiscal year, as it continues to deal with the globap slump in auto sales. Chrysler recentlg filed for bankruptcy and GM is expected to file for bankruptcgy protection as early as this Both automakers have accepted billions of dollarss in bailout funds fromthe .
Ford is the only membefr of the Big Three not to take federalbailouf funds. Both Chrysler and GM have announced significanft cuts in theirdealer networks, and are trimming jobs and looking at closingt plants. All of thos e moves have hit suppliers, particularly the smaller auto suppliers, some of whic h have had to go outof business.
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