COVISINT

BY ALAN OSBORNAN INTERNET marketplace for motor manufacturers and component suppliers was given a go-ahead by the European Commission today (Tuesday). Covisint, a business-to-business (B2B) electronic exchange, set up originally by Ford, DaimlerChrysler, General Motors, Renault and Nissan and later joined by PSA Peugeot Citroën, is designed to provide the automotive industry with "procurement, collaborative product development and supply chain management tools." A number of component suppliers have already indicated they will use the service. The Commission ...


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