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The commentary from Sport05 is spot on. The departure from the traditional profit centers with new management around 2007-2008 killed the company. Blame was placed on the economic downturn, but it was in fact the ignorance of the then CEO and his inferior management team, and CFO, brought in from other companies. The reason they were then running a 9 branch $90M dealership, is because they had started with a 25 branch, $250M dealership. Holding full day meetings on the benefits and use of LinkedIn is an example of the pathetic management style exhibited. They will continue to reap what they sow.
  • Posted 3 Sep 2015 11:08
  • By RotHH
  • joined 21 Sep'12 - 1 message
  • New Jersey, United States

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Fact of the week
According to studies published in the English Journal of Medicine, the impact of daylight savings is revealed by a 24% increase in heart attacks on the Monday following the spring shift forward. When clocks move back in autumn, heart attacks drop by about 21%, suggesting that loss of sleep is an important driver.
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edition #1258 - 27 November 2025
In this week’s Forkliftaction News , we report on Hyster-Yale laying off staff in the US amid what it describes as “challenging market conditions”... Continue reading
Fact of the week
According to studies published in the English Journal of Medicine, the impact of daylight savings is revealed by a 24% increase in heart attacks on the Monday following the spring shift forward. When clocks move back in autumn, heart attacks drop by about 21%, suggesting that loss of sleep is an important driver.