GlobalAutoIndustry Expands Sourcing

TROY, Mich.--Feb. 2, 20052, 2005--GlobalAutoIndustry.com has partnered with Pioneer AI to offer low cost sourcing for auto suppliers who are looking to either source components from or set up operations in Brazil, India and/or Korea.

This unique initiative offers U.S.- and Western-based suppliers a complete solution to matching their manufacturing needs with the appropriate, pre-qualified, OEM-proven supplier in any of these locations, and expands on GlobalAutoIndustry.com's initial focus on sourcing from China.

"We feel this partnership is the perfect complement to our initial sourcing initiative, the China Auto Suppliers Group," says Michael DaMour, director of GlobalAutoSourcing, a division of GlobalAutoIndustry.com, adding "Through this partnership we are moving towards a more global sourcing solution for the auto supplier industry. We have seen over the past year that suppliers looking for low cost sourcing are interested in not just China but other low cost countries as well. We believe we are moving in the right direction to fill that need."

"We are excited about launching this partnership with GlobalAutoIndustry.com. With our experience and network in these countries we feel we have a great product to offer automotive suppliers who are looking for a low cost solution. GlobalAutoIndustry.com will help us reach those suppliers," says Kevin West, Vice President and Principle of Pioneer AI.

About Pioneer AI

Based in Auburn Hills, Mich., Pioneer AI's vast global supplier network includes hundreds of Brazilian, Indian, and Korean suppliers with OEM experience supplying GM, Daimler-Chrysler, Ford, Toyota, Renault, Peugeot, Scania, Volvo, Honda, VW, Mitsubishi, and others. All suppliers are ISO and QS certified with many suppliers already implementing the new TS certification.

Pioneer AI offers Engineering & Design Support; Global Sourcing; Supplier Assessment; Supplier Development; Tooling Build Management with On-Site Verification; Tooling, Parts and Assembly Sourcing; Launch Support; Contract Procurement Services; as well as 3PL and US warehouse management support.

About GlobalAutoIndustry.com

GlobalAutoIndustry.com connects the worldwide auto supplier industry with the resources to effectively do business globally. Through the web site, www.GlobalAutoIndustry.com, auto supplier executives can find insight, solutions and strategies focused on doing business in the world's top automotive markets.

Monthly eJournals (EUROtalk, ASIAtalk, AMERItalk, CHINAtalk, LATINtalk and GLOBALtalk HR) provide targeted information and insight on doing business in foreign markets and GlobalAutoIndustry.com Solutions provide effective international answers to suppliers' global business and operational needs.

Parent company, HCI Group Ltd., is based in Troy, Mich., with European headquarters in Amsterdam, the Netherlands.

For more information contact Director of GlobalAutoSourcing Michael DaMour at (248) 526-3312 or MDaMour@GlobalAutoIndustry.com.