Superior Industries Named General Motors Supplier of the Year For Second Straight Year

    VAN NUYS, Calif.--May 16, 2002--"For the second consecutive year, we are proud to announce that Superior Industries International, Inc. has been named a General Motors Supplier of the Year," said Louis Borick, Chairman and President of Superior Industries. The award was presented during ceremonies on April 27th in Toronto.
    "Superior Industries is an industry role model that through performance has set an example again this past year for other companies to follow," said Bo Andersson, vice president, GM Worldwide Purchasing Production Control & Logistics. "It is a pleasure to work with a company that excels at meeting our priorities for quality, service, technology and competitive pricing."
    "It took a total team effort to win this prestigious award again this year," Borick said. "Our strong relationship with GM, one of our proudest and most important accomplishments, was underscored earlier this year with the award of several new and replacement aluminum wheel programs for multiple vehicle lines under Superior's unprecedented long term supply agreement with this important customer. This agreement is a milestone for Superior because it gives us the ability to work closely with General Motors on multiple vehicle lines for an extended period of time, which provides us with longer term stability and greater participation in the product design and manufacturing process.
    "Over the years we have helped General Motors develop winning products that create a sense of passion in consumers around the world. We look forward to continuing to work closely with GM for many years to come," Borick added.
    The GM Supplier of the Year award began as a global program in 1992. Award-winners are selected by a global team of executives from purchasing, engineering, manufacturing and logistics who base their decisions on supplier performance in quality, service, technology and price. This year, General Motors honored 91 suppliers from 18 countries for their excellence throughout 2001.

    About Superior Industries

    Superior supplies aluminum wheels and other aluminum automotive components to Ford, General Motors, DaimlerChrysler, BMW, Volkswagen, Audi, Land Rover, MG Rover, Toyota, Mazda, Mitsubishi, Nissan and Isuzu. For additional information, visit Superior's Web site at 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.