By Denise Rondini
Remy Inc. President Jay Pittas discussed what he sees as the five key challenges to today’s heavy-duty market in his address at the Heavy Duty Representatives Association annual meeting.
The five challenges that Pittas outlined were:
Paying for changing technology – Financing heavy-duty technology changes and recovering technology costs on a timely basis has been highlighted recently by the credit crunch. “Vehicle assemblers more often look to the supplier community to help solve new design problems,” said Pittas. “The challenge for the supplier is to partner with customers and still produce an ROI that is acceptable to stakeholders.”