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Cap Gemini Ernst & Young's Fourth Annual Automotive Innovation Forum Set For June 13th

9 June 2000

Cap Gemini Ernst & Young's Fourth Annual Automotive Innovation Forum Set For June 13th

    DETROIT - Leading professional services firm Cap Gemini Ernst & Young today 
announced that its fourth annual Automotive Innovation Forum titled "Managing 
Innovation" will be held June 13 at the Ritz-Carlton in Dearborn, Mich.

    The annual forum, where the best practices of many of the automobile
supplier industry's most innovative companies are shared, is an outgrowth of
the prestigious Automotive News PACE(TM) (Premier Automotive Suppliers'
Contributions to Excellence) Awards, jointly presented by Cap Gemini Ernst &
Young and Automotive News.

    Managing Innovation speakers will share with attendees how they developed
the strategies and corporate cultures to foster award-winning innovations in
their respective companies.  Forum speakers will present their experiences,
successes and lessons in generating, evaluating and incorporating innovation
to seize opportunities, raise the performance bar and consistently compete
effectively.

    The agenda for the half-day forum will include discussion of the
following:

    *  Organization, culture and innovation
    *  New models for innovation
    *  Innovation and technology strategy

    Dave Sanders, Vice President, Global Automotive Consulting, Cap Gemini
Ernst & Young, and Peter Brown, Automotive News' Executive Editor and
Associate Publisher will present opening remarks.
    Featured speakers include:

    *  Donald L. Runkle, Executive Vice President, Delphi Automotive and
       President of the Dynamics and Propulsion Sector, Delphi Automotive
    *  Jeff Trimmer, Director Operations and Strategy, Procurement and Supply,
       DaimlerChrysler
    *  Rudy Ruggles, Innovation Research Leader, Cap Gemini Ernst & Young
       Center for Business Innovation
    *  Richard Zahren, Vice President Automotive Coatings, PPG Industries
    *  Dr. Karl Rink, Manager Compressed Gas Research, Autoliv ASP

    The forum begins at 7:30 a.m. with breakfast.  Closing remarks are at 12
noon.  There is no fee.  

    Automotive News and Cap Gemini Ernst & Young are co-presenters and
sponsors of the PACE Award program.  Now in its seventh year, the PACE Awards
are dedicated to promoting product, manufacturing and service innovation
achievements of automotive suppliers.

    Cap Gemini Ernst & Young is one of the largest management and IT
consulting firms in the world and is publicly traded on the Paris Bourse.  The
company offers management and IT consulting services, systems integration, and
technology development, design and outsourcing capabilities on a global scale
to help traditional businesses and "dot companies" continue to explore growth
strategies in the new economy.  The newly formed organization employs more
than 57,000 people worldwide and reports global revenues of 7.7 billion euros
(1999). 

    Automotive News began publishing as Automotive Daily News on August 25,
1925.  It became a weekly in June 1938 and was purchased by Crain
Communications in 1971.  Since then, the Automotive News editorial staff has
grown to more than 50 reporters and editors with bureau offices in New York,
Washington, Los Angeles, Nashville, London and Tokyo.  The newsweekly provides
in-depth coverage of the auto industry and is written for original equipment
manufacturers, their franchised dealers and suppliers.  Automotive News'
circulation is over 81,000, and is the only 100% paid publication in the
industry.  In 1996, Automotive News Europe debuted as a separate fortnightly
publication for pan-European news.  In 1998, Crain Communications purchased
Automotive International, published today as Automotive News International, a
magazine for global automotive executives.