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Superior Industries Receives
Second Consecutive World Excellence Gold Award
From Ford Motor Company
VAN NUYS, CALIFORNIA --
April 25, 2008
-- Superior Industries International, Inc. (NYSE:SUP)
announced today that it has been awarded Ford Motor Company's highest supplier honor, the 2007 World Excellence Gold Award, for the second consecutive year.
Tony Brown, Ford's Group Vice President, Global Purchasing, commented, “This marks the tenth year we have honored world-class suppliers for extraordinary
contributions that directly impact Ford's ability to deliver high quality vehicles and customer satisfaction. This commitment to excellence is coming through
in the latest quality data, which show Ford's initial quality in North America is now equal to the best in the industry. These successes belong not just to
Ford – but our suppliers as well."
Steven J. Borick, Chairman, CEO and President of Superior Industries, added, "This is the second year in a row that Ford has awarded Gold World Excellence honor to Superior.
We see this award as a symbol of the strong business relationship between our two companies that has endured for decades. We are proud to be recognized by Ford for our
2007 performance."
Ford Motor Company World Excellence Award
The Ford Motor Company World Excellence Award, now in its tenth year, is given to suppliers that excel in quality, cost and delivery–based on 2007 calendar year performance data.
There are three levels of World Excellence Awards - Gold, Silver and Recognition of Achievement. This year, there were 13 Gold Awards, 28 Silver Awards and 10 Recognition of Achievement Awards.
The awards were presented at ceremonies on April 15, 2008 at the Henry Ford Museum in Dearborn, Michigan.
About Superior Industries
Superior supplies aluminum wheels to Ford, General Motors, Chrysler, Audi, BMW, Fiat, Jaguar, Land Rover, Mazda, Mercedes Benz, Mitsubishi, Nissan, Seat, Skoda, Subaru, Suzuki, Toyota, Volkswagen and Volvo.
For more information, visit www.supind.com.
Forward-Looking Statements
This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations,
estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and
assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors and
risks discussed from time to time in the company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates,
and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made and the company does not undertake any obligation to update
any forward-looking statement to reflect events or circumstances after the date of this release.
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