Inside the News - Edition #609

Allan Leibowitz -
Inside the News
- 28 Mar 2013 ( #609 )
1 min read
This week's coverage of Northland Industrial Truck Co Inc's expansion seems to be part of a trend. Almost weekly, we read about US dealerships expanding and taking on new brands. It looks like the big are getting bigger, with more brands, more locations and more offerings.
On the one hand, clearly this consolidation brings economies of scale. It also brings wider choice to consumers. But there are also losers in the shake-up - and these include the small, independent dealers who face mammoth competitors, and, to some extent, customers whose choice is limited. When all the major brands are under a single roof, it's almost impossible to shop around for a better deal.
Overall, though, consolidation must surely be adding to the professionalism of forklift retailing and ensuring that businesses are stronger, more robust and able to withstand the ups and downs of the economy.
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Inside the News - Edition #610
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Inside the News - 4 Apr 2013 (#610) There's a strong merger and acquisition theme this week, with coverage of UniCarriers' completion of the operational integration of the Nissan and TCM forklift businesses a year ahead of schedule...
Inside the News - Edition #608
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Inside the News - 21 Mar 2013 (#608) Some readers may wonder about the aim of this introduction. Well, its purpose is just that - introducing the week's news. Sometimes, there's a clear theme emerging in the newsletter which...
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