General Motors Names BASF Supplier of the Year 2010

SOUTHFIELD, MI - BASF announced that it is the recipient of General Motors' Supplier of the Year Award for 2010. The Supplier of the Year Award recognizes BASF for consistently performing above expectations as a global supplier of OEM coatings to General Motors. The award has been given to BASF seven times in the last nine years, recognizing the coatings supplier for excellence in the areas of quality, service, technology and price.

In this International Year of Chemistry, BASF is especially honored to be named a top chemical supplier to General Motors for automotive coating applications. Chemistry is vital as a key technology, and considering there will be more than 1.5 billion cars on the roads by 2020, chemistry is absolutely essential in developing solutions to meet future mobility needs.

"This is a list of world-class, best-of-the-best suppliers to the automotive market," said Bob Socia, Vice President, Global Purchasing and Supply Chain at General Motors. "The Supplier of the Year Award winners are part of an elite group, those who have demonstrated a sustained focus and dedication to GM's priorities and continued success. This is critically important given the complexity of today's automotive marketplace."

The significance of being named to the list, for the seventh time is not lost on BASF. Beate Ehle, Executive Vice President, BASF Corp., accepted the award on behalf of BASF during General Motors' 19th annual Supplier of the Year business meeting and recognition ceremony on March 10 at the Renaissance Center, and GM Headquarters, in Detroit. "It is truly an honor to be recognized as a global supplier by General Motors," said Ehle. "Winning this award for the seventh time is a tremendous source of pride for BASF and demonstrates the long-term and outstanding commitment and relationship of BASF and especially our colleagues from the General Motors team to our customer."

The Supplier of the Year program began in 1992, and each year a global team of purchasing, engineering, quality, manufacturing and logistics executives determine the winners of the Supplier of the Year Award.