Volkswagen Golf GTE Sport concept

Volkswagen Golf GTE Sport concept

Volkswagen Group announced the first 44 suppliers nominated under the new FAST "Future Automotive Supply Tracks" initiative, which includes strategic partners for future projects.

"These suppliers were chosen for their outstanding performance in their respective field of competence based on a systematic selection process. Volkswagen Group Procurement is responding to the challenges currently facing the automotive industry by working together with its suppliers under the "Future Automotive Supply Tracks" initiative (or FAST for short) and will implement technical innovations even faster."

Dr. Francisco Javier Garcia Sanz, member of the Volkswagen Aktiengesellschaft Board of Management responsible for Procurement, said:

"In future, it will not be the corporation with the best negotiating skills that has the advantage, but the one that has also successfully established an optimal supplier network. The nominated FAST suppliers are important beacons in our network and I am looking forward to even closer and more intensive collaboration."

Among the FAST suppliers we find LG Electronics Inc. in the field of high-voltage batteries. We are not sure whether LG Electronics will help with the battery packs themselves and/or battery cells.

By joining FAST, the South Korean company could also be opening doors for a lithium-ion battery deal (from sister company LG Chem) with Volkswagen, and further replace Panasonic. Panasonic, supplies some current VW batteries, wasn't listed, at least not yet.

"The first nomination phase will come to an end in spring 2016. Suppliers not yet nominated still have the opportunity to qualify for the FAST program. Volkswagen continually reviews supplier performance for this exclusive partnership and adjusts the circle of FAST suppliers as required. The "FAST Summit", the first exclusive strategy conference with all partners, will take place in spring 2016."

Here is the list of 44 FAST partners:

FAST partner Country Field of Competence
DMG MORI AKTIENGESELLSCHAFT Germany Turning machines
GROB-WERKE GmbH & Co. KG Germany Machining, motor
Carl Zeiss Industrielle Messtechnik GmbH Germany Coordinate measuring devices
BP p.l.c. Great Britain Automotive fluids
ExxonMobil Oil Corporation USA Automotive fluids
Avis  Budget Autovermietung GmbH & Co. KG Germany Car rental
Deutsche Lufthansa AG Germany Regular flights
DÜRR Systems GmbH Germany Surface technology
IBM Corporation USA IT-Services
Vodafone Group PLC Great Britain Mobile Communication and M2M Connectivity
Nvidia Corporation USA Infotainment
LG Electronics Inc. South Korea Infotainment
Delphi Automotive LLP USA ADAS (advanced driver assistance systems)
Mobileye Technologies Limited Israel ADAS (advanced driver assistance systems)
Kiekert AG Germany Door latch
MAHLE GmbH Germany HVAC (heating, ventilating and air conditioning)
Continental AG Germany Instrument cluster
OSRAM Licht AG Germany Headlights
Witte Automotive GmbH Germany Exterior door handle
Brose Fahrzeugteile GmbH & Co. KG Germany Door module
Sumitomo Electric Bordnetze GmbH Germany Wiring harness
Faurecia S.A. France Seat structures
Faurecia S.A. France Instrument panel
Samvardhana Motherson Peguform Germany Door trim panels
Dr. Schneider Holding GmbH Germany Air vents
Grupo Antolin Spain Headliner
Gruppo Mastrotto S.p.a. Italy Leather
Conceria Pasubio S.P.A. Italy Leather
POSCO South Korea Flat carbon steel
Aleris International, Inc. USA Aluminium flat rolled products
ZF Friedrichshafen AG Germany Damper (conventional)
Continental AG Germany Adaptive cruise control
Gestamp Automoción S.A. Spain Chassis subframe front
Fast-Partner Country Field of Competence
Aisin AW Co. Ltd. Japan Automatic transmissions
LG Electronics Inc. South Korea High-voltage batteries
Valeo S.A. France Alternators
Tenedora Nemak, S.A. de C.V. Mexico Cast aluminium crank cases
Honeywell International, Inc. USA Turbo charger
Magna International Inc. Canada Axle drives
ThyssenKrupp AG Germany Assembled camshafts
CQLT Saargummi Technologies S.a.r.l. China Sealings
Bridgestone Corporation Japan Tyres
Samvardhana Motherson Peguform Germany Bumpers
Bollig & Kemper GmbH & Co. KG Germany Paint and process material
Mubea Carbo Tech GmbH Germany Carbon fibre
Pilkington Deutschland AG Germany Glazing
Corning Inc. USA Glazing
Coavis Co. Ltd. South Korea Fuel pumps