MAN Confirms Interest in Scania

(Clacton, U.K./Tyres & Accessories) German truckmaker MAN has confirmed it is interested in taking over Swedish rival Scania.

Published: September 18, 2006

MAN said the rationale for a takeover – which would result in the creation of a European market leading company – was “compelling.” Analysts estimate that any potential deal might be worth as much as 12 billion euros (£8.1 billion).

“Together, MAN and Scania would become Europe’s leading truck business, creating a platform for profitable growth,” a MAN statement added, saying a further statement would be issued next week. MAN is currently the third-largest truck maker in Europe. Scania holds fourth place.

Chapel Hill Tire introduces nine-month leadership program

The company said its program aims to boost productivity through time management and workforce management techniques.

By Christian Hinton

Published: May 4, 2024

Chapel Hill Tire introduced a Leadership Development Program (LDP), developed under the leadership of L2 Manager Stephen Hall. This initiative aims to cultivate the next generation of leaders within the company, Chapel Hill said.

“With the Chapel Hill Tire Leadership Development Program, we sought to create a comprehensive platform that not only equips participants with the necessary skills for effective leadership but also challenges them to think critically about their processes," Hall said. "Our goal is to cultivate a cohort of leaders who are not only capable of driving results but also passionate about continuous improvement and innovation."