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Panasonic Honored By General Motors As A 2004 Supplier Of The Year


SECAUCUS, NJ (May 4, 2005) – Demonstrating ongoing commitment to exceptional performance in quality, customer service, technology and price, Panasonic Automotive Systems Company of America has been named a General Motors Supplier of the Year for the seventh time in eight years. General Motors honored Panasonic for its overall performance in providing GM with world-class multi-media products during 2004. The award was given recently during ceremonies held at the General Motors Vehicle Engineering Center in Warren, Michigan.

“Our Supplier of the Year winners are the Best of the Best and Panasonic is part of this elite group selected for their outstanding performance in 2004,” said Bo Andersson, vice president, GM Global Purchasing and Supply Chain. “Panasonic’s balanced focus on performance and behavior support GM’s priorities, and make it a role model for suppliers worldwide.”

“All of us at Panasonic are encouraged by this recognition from General Motors,” said Vince Sarrecchia, President of Panasonic Automotive Systems Company of America. “Winning this prestigious award for seven of the past eight years validates our efforts to deliver quality state-of-the-art electronics and further energizes our entire global team towards excellence as a fully-committed supplier to General Motors.”

The GM Supplier of the Year Award began as a global program in 1992. Award winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 78 suppliers for their excellence throughout 2004.

About Panasonic
With headquarters in Peachtree City, Georgia, Panasonic Automotive Systems Company of America is a division of Secaucus, New Jersey-based Panasonic Corporation of North America, the principal North American subsidiary of Matsushita Electric Industrial Co., Ltd. (NYSE: MC) of Osaka, Japan ( one of the world’s leading developers and producers of of innovative digital and other electronic products for consumer, business and industrial use.


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