Automotive Fleet

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Consolidation

This 100-year-old global company streamlined fleet operations, reducing costs of the targeted passenger fleet, trimmed dealer out-of-stock purchases, lowered acquisition costs and accident rates, and decreased greenhouse gas emissions.

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AirIQ Announces Workforce Consolidation

TORONTO – As part of the consolidation, AirIQ announced the appointment of Donald Gibbs as general manager of the company's land business unit. Gibbs will also continue in his role as chief financial officer.

Siemens Fleet Consolidation Saves $520,000 Annually

Fourteen Siemens operating companies, which all had separate fleets prior to 1999, consolidated and became Siemens Shared Services. A department intranet site eliminated 13.5 days from the vehicle ordering cycle.

Ed Bobit: Back to Blocking and Tackling...

The October 9th edition of The Wall Street Journal describes how those companies that piled on the debt in the '80s are now engaged in a "bad hangover," yearning for equity as they slash expenses, pleading with bondholders, and getting little sympathy from the financial shareholder community because of their high costs of debt service prompted by "mergeritis."

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