Cosma International, an operating unit of Magna International Inc, a leading global automotive metal forming supplier, has recently been awarded the 2007 Best Supplier Award by PSA Peugeot Citroen, in the category of technical savings. Out of a total of 800 suppliers that supply PSA Peugeot Citroen, 12 were recognized at an event held on March 12, 2008, in
"Cosma continues to be a valued supplier partner, and this award recognizes their technical expertise and commitment to ongoing cost savings," Jean-Christophe Quemard, Vice-President Purchasing for PSA Peugeot Citroen, remarked.
Horst Prelog, President, Cosma International, commented, "Cosma is proud to have been recognized by PSA Peugeot Citroen as a leader in technical savings. It is this collaborative approach between suppliers and customers that is essential in bringing ideas to reality. At Cosma, we look forward to continuing this cost savings activity with PSA Peugeot Citroen and all our global customers."
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