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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?

To: John Mansfield who wrote (2341)	8/1/1998 5:14:00 PM
From: John Mansfield	Respond to of 9818

'An auto industry task force working to address the year 2000 issue recently expanded its core membership beyond the Big Three automakers to include Toyota Motor Corp. and Volvo AB, with several large European automakers joining in the procession. The Automotive Industry Action Group (AIAG) also has extended its efforts to include finance, utility and health care companies that serve the organization's 1,400 carmakers and suppliers. AIAG last fall began to mass-mail year 2000 self-assessment surveys to suppliers, a program that European automakers BMW, Daimler-Benz AG, Porsche, Renault and Volkswagen AG recently have adopted. . . . About half of General Motors Corp.'s most critical suppliers have returned the AIAG's self-assessment surveys, said Robert Booth, executive director of worldwide purchasing at the company. But the responses show 15% to 25% "present major concerns about supplier readiness." . . . Chrysler Corp. has had a better survey return rate (70%) but faces a similar situation -- 10% of those respondents "are high risk," a category that also applies to surveyed suppliers who haven't replied, said Roger Buck, the company's year 2000 project manager. . . . "The challenge is that we have to deal with very large numbers of companies," said Fred Craig, the AIAG's year 2000 manager. "The good news is that we are working with very large numbers of companies. We have every confidence that we will succeed, but that's not to suggest there won't be hiccups along the way." . . . Link: computerworld.com