Dae-Yong Inudustry

KOREA, 11 April 2024 – General Motors has recognized its top global suppliers of 2023 during its annual Supplier of the Year recognition event. In total, 86 suppliers were recognized with a Supplier of the Year award, and an additional eight Overdrive Awards were handed to suppliers who far exceeded expectations. Daeyong Industry was selected as the Supplier of the Year. This is the 5th time Daeyong Industry has received the award.

“We’re honored to partner with these top suppliers who have made notable contributions to our transformation. Together, we’re pushing boundaries, pioneering new technologies and redefining what’s possible,” said Jeff Morrison, vice president, Global Purchasing and Supply Chain. “Their innovation and support are critical to helping us deliver the world-class vehicles our customers have to come expect.”

 A global, cross-functional GM team rigorously selects Supplier of the Year and Overdrive award winners based on performance, innovation, cultural alignment with GM’s values, and commitment to achieving GM’s ambitious goals.

The GPSC Priority Wheel guides the selection process, prioritizing the customer in every aspect of supply chain decision-making. This framework prioritizes three core values: Safety, Inclusion and Relationships. These foundational values underpin all other priorities, including Sustainability, Innovation, Execution, Resilience and Profitability.

By emphasizing these values, GPSC fosters a robust, diverse, collaborative partnership ecosystem that drives mutual success for GM and its suppliers.

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DAEYONG INDUSTRY produces complicated automotive parts utilizing the aluminum die casting process and has two factories in Siheung city in Gyeonggi-do Province and one in Iksan city in Jeollabuk-do Province.  Dae Yong Industry also produces lead wires at a Vietnam plant. 

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. 

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dyc@daeyong.co.kr