Still Slipping: November Sales Continue 2008’s Declining Trend
The bad news continues for tire dealers as the downward trend that started in the spring held out through November. Click here for December 2008 charts Preliminary November sales results from our nationwide panel of retail tire dealers show a continued falloff in tire and service sales for November 2008 vs. November 2007. Clearly, Consumers
Solving or Saving?
Thomas Friedman is about the smartest man I know.
And Two Malibus in Every Garage!
Long time Babcox technical editor Larry Carley has a slightly different take on the whole Big 3 bailout issue.
Cooper Tire Incentives Top $30M
(Northeast Mississippi Daily Journal) What’s it worth to keep 1,200 jobs? For Tupelo and the state of Mississippi, more than $30 million in financial incentives and other programs.
Continental Cuts Back Production at German Tyre Making Factories
Production is being cut back at Continental’s three German tyre production plants.
CTNA Lays Off Temp Workers
(Mt. Vernon Register-News) Continental Tire North America plant manager Hank Eisenga said although the facility is terminating employment for about 124 temporary workers, none of the more than 2,300 permanent employees are facing layoffs.
Partnering For Success
Options for teaming up withother small businesses run the gamut. They can range from informal referralnetworks to legal partnerships. Where your dealership falls on the spectrumdepends on how much effort and commitment you want to devote and how muchautonomy you’re willing to give up. Consider partnering withsomeone to grow your business if you want to:
Several Parties Eye Schaeffler’s Continental Stake
(The Guardian) Schaeffler Group is in talks with several parties to sell packages of 10% to 20% of shares in Continental AG, the German ball-bearing maker’s chief executive Juergen Geissinger said. The privately held company, whose ball bearings are used in car steering assemblies, plans to sell about 40% of Continental’s shares after it won
Will Details About Schaeffler-Owned Conti Emerge After EU Clearance?
When the news broke that family-owned German ball bearing maker, Schaeffler Group, had made an audacious bid for Continental AG, it was immediately apparent that the deal could have implications far beyond Hanover.
And Then Henry Ford Says…
The so-called Big Three automakers – well, what’s left of them anyway – were on Capitol Hill yesterday, begging and pleading for billions in bailout bucks.