DETROIT, Automotive News has advanced 23 supplier companies to the final review stage in the 2008 Automotive News PACE Award program. An additional 14 companies have earned honorable mention status.
The Automotive News PACE Award recognizes innovation, technological advancement and business performance of suppliers that contribute products, processes, information technology, materials or services directly to the manufacture of cars or trucks. The prestigious PACE (Premier Automotive Suppliers' Contribution to Excellence) Award is jointly presented by Microsoft, SAP, Transportation Research Center Inc. (TRC Inc.) and Automotive News.
Recognized throughout the industry as the "Academy Award for Automotive Innovation," the Automotive News PACE Award honors suppliers who have embraced innovation or adapted and reinvented themselves to keep above the constantly rising expectations of their OEM customers and automotive consumers. The program sets the standard for innovation and has become a significant industry credential.
In its 14th year, the Automotive News PACE Award program evaluates suppliers in specific categories. The standout companies for 2008 are:
Product Category - Innovations in new products or services or in new product and service development and introduction processes that have significant market impact and act as "game changers" in the automotive industry.
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