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» Archive for the 'Acquisitions' Category

Scuderi: Split-cycle engine will soon be licensed

Friday, April 18th, 2008 by admin

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As Chrysler moves ahead with its “consolidation strategy” (a.k.a. Project Genesis), it’s apparently had enough foresight to realize that shutting down dealerships seriously handicaps your ability to service your customers. According to Steven Landry, Chrysler executive vice president of North American sales, the company’s solution will be “stand-alone service stores” — it is easiest to think of them as dealerships that have closed, but the service department still remains open.

While the first stand-alone service store is still about two years from opening its doors, Chrysler is in active talks with a handful of other retailers about the strategy with customer service as their goal. “If we all of a sudden go from 80 stalls to 40 stalls we don’t want to do our customers a disservice,” says Landry. “You need to have the right number of stalls.” Funny, any woman at a professional sporting event could have told you that.


[Source: Automotive News]

Google to cut DoubleClick jobs

Friday, March 21st, 2008 by admin

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Google plans to make an unspecified number of job cuts at DoubleClick Inc following the closing of its $3.1 billion acquisition of the advertising technology company.

“An immediate task we’ll undertake over the next few weeks is matching and aligning DoubleClick employees with our organizational plan for the business,” Google said in a blog post.

“As with most mergers, there may be reductions in headcount. We expect these to take place in the US and possibly in other regions as well,” the company said. DoubleClick has 1,500 employees. Outside of the United States, Google will begin consultations with employee organizations on potential job reductions in line with local laws, it said.