Halloween: Time of Terror for Local Businesses
Traditionally a time of embracing the ghoulish and extorting sweets from neighbours, Halloween has in itself become a horrific ordeal for some businesses – tyre thefts are on the rise as preparations for the evening get underway.
Incentivize? Decentivize?
The following is an article written by Dave Anderson, speaker and trainer with expertise in leadership and management.
Credit Crisis Hits Canada
(National Post) The global credit crisis is starting to restrict the ability of Canadians to obtain loans for mortgages, cars and investments, Canada’s finance minister said Thursday.
Motor World Limited Goes Into Administration
Dermot Power, Graham Newton and Matthew Dunham, business restructuring partners at BDO Stoy Hayward, were appointed as joint Administrators of Motor World Ltd.
Federal-Mogul Announces Restructuring Plan
(AftermarketNews.com) Federal-Mogul has announced a restructuring plan to help it regain traction after coming out of years of bankruptcy.
What’s a Dealer to Do?: Dealers Can Still Win Even if the Economy is a Big Loser
All one has to do is look at the prices – in large, doomsday-sized letters – that hang outside most establishments selling gasoline or diesel fuel. Then the calculator in the left side of the brain begins to register. The results are usually the same: Holy Refinery! Everywhere you look gasoline hovers around $4 a
Car Makers Back Schaeffer’s Conti Bid
This week Porsche and GM executives have added their names to the list of car makers calling for a swift conclusion to merger talks between Continental AG and takeover bidder Schaeffler Group.
Michelin Shares Fall Nearly 5% Due to Earnings Worries
Groupe Michelin shares fell 4.8% on July 28 following a published report that the tyremaker’s first-half earnings have failed to meet management targets.
Staying Put: BFNAT Tech Center Remaining in Akron
Bridgestone/Firestone North American Tire will keep its technical center in Akron, spurning Murfreesboro, Tenn., as the site of a planned $100 million state-of-the-art facility.
Continental Board Members Warm to Schaeffler
(The Guardian) Continental AG Chief Executive Manfred Wennemer appeared to lose the support of key boardroom allies on July 22 in his campaign to block a takeover of the German automotive supplier by rival Schaeffler.