Do you have a game changing product or process innovation that …
· Establishes new quality, cost, time-to-market, safety, or environmental performance benchmarks?
· Changes the way vehicles will be designed or produced?
· Is the next “gotta have it” technology for automotive OEMs and/or consumers?
If so, read on, as you might be the next Automotive News PACE Awards winner.
The Premier Automotive Suppliers’ Contribution to Excellence Award– often referred to as the “Academy Award for Innovation” in the automotive industry. Jointly presented by EY, Transportation Research Center Inc. (TRC Inc.) and Automotive News, the Automotive News PACE Awards program, established in 1994, honors automotive industry participants – suppliers – who embraced innovation or adapted and reinvented themselves to keep abreast of the constantly rising performance bar of the OEM/customer and the rising expectations of consumers. This prestigious program sets the standard for innovation and excellence and has become a significant industry credential. The program is open to any supplier that contributes products, materials, processes, capital equipment or services directly to the manufacture and sale of cars or trucks. We invite you to join the scores of automotive suppliers who have learned from and been honored by this prestigious awards program.
Why should your company apply? Finalists and winners garner national, regional, and local publicity. The Automotive News PACE Award is a significant industry credential. Winners can cite the award and display the distinctive Automotive News PACE logo in business proposals, advertising, letterheads, and business cards. Finalists and Honorable Mentions have also achieved a noteworthy level of distinction and recognition. As an applicant, you’ll be joining a prestigious group of leading companies that are playing to win — today and in the challenging global market ahead. As an applicant, too, the very process of applying can be a rewarding opportunity for thoughtful analysis and reflection on your own business and its processes, as well as how it might be improved.
Who are the judges? The distinguished Automotive News PACE judges are an independent panel composed of leaders from industry, finance, research, and academia. The independent judges select the finalist entries and conduct site visits at the finalist companies to determine which will become Automotive News PACE Award winners. For a complete listing of the judges, visit http://www.autonews.com/PACE.
What are the judges looking for? The best statement on the subject of what judges look for is to be found in the PACE Judges’ Guidelines. The judges seek concrete evidence that the entries are truly game-changing innovations that provide compelling benefits and significant competitive advantages. Innovations are most often in two broad areas, product and/or process. Distinctive types of innovations may involve engineering, manufacturing process, products, services, proprietary practices in business processes, or environmental achievements.
When will the Automotive News PACE Awards ceremony take place? Automotive News, EY and TRC Inc. will announce the Automotive News PACE Award winners to the world at an exciting and elegant awards ceremony on the first Monday of SAE week in April.
How can your company enter? Applications received and/or submitted by September 4th will incur the standard entry fee of (USD) $1,500. Entries accepted or modified for any reason after August 29th will incur an additional $500 (Total $2,000) fee. For more information, or to request additional application materials, call +1 (313) 446-6039, or visit www.autonews.com/PACE.
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