'We Are on the Acquisition Trail'

Total Page:16

File Type:pdf, Size:1020Kb

'We Are on the Acquisition Trail' VAUXHALL SALE / P6 What PSA’s purchase means for UK dealers MERCEDES-BENZ VANS / P38 Network boss Sarah Palfreyman on making her dealers more retail-ready AUTOMOTIVE MANAGEMENT GENEVA / P62 www.am-online.com April 2017 £8.00 The cars on their way to the UK from this year’s motor show P28 ‘WESHAUN FOWEATHER, STONEACRE ARE / ON THE ACQUISITION TRAIL’ adRocket THE BCA DIFFERENCE More stock choice than our competitors* Start your search today bca.co.uk/search * Based on vehicle stock available for sale every month on BCA Auction View during 2016 benchmarked by BCA against our competitors. FP_AM_331524id2914571.pgs 15.03.2017 12:12 EDITOR’S LETTER auxhall/Opel is now a sister brand to Peugeot and Citroën – who saw that coming? To my mind, it’s a slightly odd combination, particularly as PSA has only been in the black for 18 months. CEO Carlos Tavares has also voiced a desire to break into North America, a market the French brands quit decades ago. Getting a foothold there will not be cheap. One of the reasons Volkswagen Group has become so strong is it has cleverly positioned its brands into their own segments. Bentley is pure luxury, Bugatti and Lamborghini are supercar V porn, Audi is the premium brand, Porsche the sportscar builder, Volkswagen the mainstream, Škoda the value-oriented brand and Seat the slightly youthful, lively one of the family. However, PSA already has three brands in the mainstream, with Citroën perhaps more at the value end and DS still a long way from being regarded as truly premium. Now it has added another mainstream brand. Not to mention that Vauxhall, Peugeot and Citroën vans all compete in the same space, too. Even Fiat got it right – joining up with Chrysler put the valuable SUV brand Jeep in the same garage as its near-premium brand Alfa Romeo, supercar firm Ferrari, luxury carmaker Maserati and small car specialist Fiat. Tavares says there will be efficiency savings and synergies from PSA’s takeover of Vauxhall/Opel. Let’s hope sibling rivalry doesn’t get in the way. MEET THE TEAM Tim Rose Tom Sharpe Stephen Briers Jeremy Bennett Editor News and Editor-in-chief Head of digital/ features editor associate editor am-online.com APRIL 2017 3 adRocket FP_AM_SupagardAdid2919515.pdf 16.03.2017 14:34 CONTENTS 62 Geneva Motor Show UP FRONT INSIGHT 06 News insight 28 Face to face: 35 10 minutes with... 38 Brand values: 12 News digest Stoneacre Joanna Swash Mercedes-Benz Shaun Foweather believes Moneypenny’s MD explains Vans 16 Market intelligence his group’s training why outsourcing overflow Network boss Sarah 24 Opinions academy will help it to calls to trained handlers Palfreyman is driving £1bn turnover by 2020, as makes sense for dealers her dealer partners well as provide a future and why she does not to invest in more DEALER managing director struggle to find recruits retail-friendly facilities MASTERCLASS SPOTLIGHT: PERSONALISATION 56 Customer service 42 Tailor your sales 47 Do car dealers 52 Making endless TALENT to each customer need apps? options pay How car dealers can craft You will still need a good Customers personalising their messages for website, but offering their vehicles can slow lead individuals and deliver customers convenience times, but dealers who 79 The dealer’s guide them how and when can build trust and manage it well stand to flexible working each person wants increase engagement to make greater profits 80 People on the move 86 Eight questions to... Phil Lambert, SHOWROOM property manager, Chorley Group 62 Geneva Motor Show 70 Alfa Romeo Giulia 74 Long-term reports am-online.com APRIL 2017 5 NEWS INSIGHT WHAT PSA BUYING VAUXHALL MEANS FOR UK DEALERS GM’s £1.9bn sale of Vauxhall to PSA Group creates Europe’s second-biggest carmaker, but while its four brands give this ‘supergroup’ significant scale, they face challenges in the UK olders of the four UK where Vauxhall previously cohabited certain franchisees to buy or start franchises under with other GM brands, such as Saab their own businesses, whereas PSA PSA Group’s new or Chevrolet.” owns some sites outright through H umbrella may face However, he added: “It is unlikely Peugeot Citroën Retail Group. consolidated, multi- that this deal will have a major brand sites following GM’s sale of impact on the dealership market in Will it affect model line-ups? Opel/Vauxhall to the French group. the short to medium term. By comparison with Volkswagen The £1.9 billion deal makes “Indeed, there could even be Group, which can pitch products at all PSA Group the second-largest car renewed growth. The expanded size levels of the market, from ‘youthful’ very limited cross-shopping”. manufacturer in Europe. It will of the overall company could lead to Seat and Skoda’s budget offerings, to Picat claimed that “cross-shopping” inherit a Vauxhall network of 340 UK renewed investment, possibly the Volkswagen’s upper- middle market between the brands would be as low sales sites, taking the group’s total redevelopment of old sites for new, and premium Audis, the new PSA as 3%, depending on the country. – Citroën, DS Automobiles, Peugeot state-of-the-art facilities or even a Group has added a mainstream However, there are areas in which and Vauxhall – to almost 740. relocation of all brands in a town to brand to a line-up already battling to the brands may complement each Vauxhall currently employs 35,000 a single, larger bespoke site. achieve differentiation. other. Vauxhall has a strong repre- people in the UK, 23,000 of them in “If the new owners can return Vaux- As part of Tavares’ ‘Back in the sentation in the fleet market, while its retail network. hall/Opel to profit, then their existing race’ plan, which was announced in Citroën and DS are more retail- As talks are ongoing about the properties may become a more early 2014 and established DS as a oriented brands, with Peugeot future of Vauxhall manufacturing attractive investment and we could separate brand, PSA said it would coming somewhere in the middle. facilities in the UK – Carlos Tavares, see a significant hardening of yields.” cull its models from 45 to 26 by 2020. the chairman of PSA Group’s It remains to be seen whether the How the figures stack up managing board, has said he wants The impact on volume targets addition of Vauxhall will affect those PSA Group now sees itself as a to realise £1.47bn of “synergies” by Jay Nagley, managing director of numbers, but Maxime Picat, PSA’s “European champion”, according to 2022 – it seems unlikely that the automotive consultancy Redspy, executive vice-president for Europe, Picat, with Vauxhall taking its total dealer networks will escape change. believes Vauxhall’s acquisition could described the addition of Opel/Vaux- market share in Europe to more “There are bound to be economies usher in a new approach to targets hall as creating “a portfolio of brands than 17%. of scale across the business,” said and incentives within its network. that are very well positioned, with However, Vauxhall’s contribution to Graham Jacobs, chief executive of He said Peugeot has worked hard 17 years of losses in Europe for GM Picador and an active member of the to reduce production in order to limit cannot be overlooked and its UK Vauxhall dealer council. pre-registrations and maintain SOME market share fell from more than “If you have a national dealer pricing in recent years, an approach 14% in 2008 to below 10% for the first development director who says ‘why that is “overdue” at Vauxhall. DEALERS time in 2016. haven’t we got a Peugeot dealer in “For too long, Vauxhall has offered Vauxhall’s car registrations in 2016 Southampton’, and there are four incentives to dealers to drive volumes HAVE DONE were 250,955, down 6.97% on 2015, Vauxhall sites down there it would be and the result has been consider- with market share down almost a full daft not to put the two together. I’m able pre-registrations. EXTREMELY WELL OUT percentage point, to 9.32%. sure that is something we will see.” “Some dealers have done extremely OF THE EXISTING Peugeot’s UK new car registra- Mark Frostick, associate at prop- well out of the existing Vauxhall tions fell 5.5% from 104,249 in 2015 erty and planning consultancy system, but they will need to reassess VAUXHALL SYSTEM, to 98,529 in 2016. Over the same Rapleys, agreed. He told AM that, that approach under PSA.” timeframe, Citroën fell from 80,012 while “wholesale closures” within Some Vauxhall dealers may also BUT THEY WILL NEED to 62,991 (down 21.3%). Even when the Vauxhall dealer network were be affected by the differing nature of TO REASSESS THAT DS’s growth, from 8,614 to 15,898, is unlikely, there could be scope for GM and PSA’s approach to spon- taken into account, the decline dealerships to incorporate other soring dealers. Under its previous APPROACH UNDER PSA across both brands is almost 11%. brands into their sites. owner, Vauxhall Motor Holdings The new PSA Group has seen “This could work, for instance, chose to enter into joint ventures with JAY NAGLEY, REDSPY registrations, number of retail loca- 6 APRIL 2017 am-online.com SEND US YOUR NEWS If you have any news stories you’d like to let us know about email us at [email protected] REGISTRATIONS 2007-2016 600,000 500,000 400,000 300,000 200,000 100,000 0 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 MARKET SHARE 2007-2016 25% 20% 15% Carlos Tavares, PSA Group chief executive, and his GM counterpart, Mary Barra 10% 5% tions and market share all fall as key profitability via a quirk of European rivals have grown in the past decade.
Recommended publications
  • Esmee Hawkey Confirms Brand Ambassador Role for Porsche Centre South London
    Esmee Hawkey confirms Brand Ambassador Role for Porsche Centre South London Racing superstar, Esmee Hawkey has taken on a new role. The 19-year-old from Chislehurst will be representing the new Porsche Centre in South London as a brand ambassador. The cooperation is initially signed for one year and involves a communications and brand awareness campaign. Esmee is already very familiar with the Porsche brand having raced a Cayman GT4 for the past two years. This year sees Esmee step up to the Porsche Carrera Cup GB championship racing the 911 GT3 Cup car. In addition to progressing through the Porsche motorsport ranks, Hawkey has achieved other successes with the Stuttgart-based manufacturer. In September 2017, Hawkey took victory in class C4 at the Brighton Speed Trials in an unmodified four- wheel drive 911 Turbo S. "Esmee is an exceptional talent. She combines top performance in her sports cars with elegance and precision. These are precisely the qualities that made Esmee the perfect choice to represent Porsche Centre South London” comments Chris Butler who is the Centre Principal at South London. Of the partnership Esmee says “It is an absolute honour for me to be chosen to represent such an amazing new Porsche Centre. The facilities at Porsche Centre South London are state of the art and amazing. As part of my role, I will also get the benefit of driving one of their Porsche road cars, as well as my race car!” ---------- END --------- Porsche in the UK There are currently 38 Porsche Centres in the GB and Ireland network, with additional Centres planned in Perth and Isle of Man and due to open in April 2018.
    [Show full text]
  • Jardine Motors Group
    CASE STUDY JARDINE MOTORS GROUP Liquidline were awarded the Jardine Motors Group coffee and vending contract in 2014 due to the innovative bean to cup coffee machines. Previously, JMG were using a widely known, capsule-based coffee system but wanted a premium, fresh bean coffee solution to enhance the customer experience. Jardine Motors Group is a leading vehicle retailer of new and used cars from some of the world’s largest and most prestigious manufacturers. They represent more than 20 motor vehicle franchises in over 70 locations within the UK and trade under the name of Lancaster. Employing over 3,500 staff, their business services include new car sales, used car sales and aftersales. Jardine Motors Group is a leading franchised retail motor group in the UK, with an annual revenue of over £2 billion. Operating under the Lancaster brand, the Group represents Aston Martin, Audi, BMW, Ferrari, Harley-Davidson, Honda, Jaguar, Lamborghini, Land Rover, Lexus, Maserati, McLaren, Mercedes-Benz, Porsche, Toyota and Volkswagen brands through their dealership network of more than 70 sites located throughout the UK. CASE STUDY Jardine Motors Group also has motor retail operations in Hong Kong and China and is part of the Jardine Matheson Group, with headquarters in Hong Kong and whose other interests include Dairy Farm, Hong Kong Land, Astra International and the Mandarin Oriental Hotels Group. Ultimately, their mission is ‘to be the best motor retailer as judged by you’ and they expect their supplier partners to help them achieve this goal. Like many industries, the automotive industry has been significantly impacted by the internet.
    [Show full text]
  • Don't Leave Your Cars Sitting in the Dark. Put Them in The
    AM100 Top 100 table FOR MORE DETAILS SEE PAGE 26 Headline sponsors Rank (2012) Name T/O 2013 (£,000) T/O 2012 (£,000) Outlets 2013 Outlets 2012 Total cars Total LCV Rank (2012) Name T/O 2013 (£,000) T/O 2012 (£,000) Outlets 2013 Outlets 2012 Total cars Total LCV Rank (2012) Name T/O 2013 (£,000) T/O 2012 (£,000) Outlets 2013 Outlets 2012 Total cars Total LCV Rank (2012) Name T/O 2013 (£,000) T/O 2012 (£,000) Outlets 2013 Outlets 2012 Total cars Total LCV 1 (1) Pendragon Plc 3,635,100 3,465,800 238 222 246,100 n/a 26 (26) Eastern Western Motor Group 346,000 325,000 27 27 n/a n/a 51 (61) Motorline 199,769 166,290 21 20 11,965 n/a 76 (75) Brindley Garages 135,000 140,000 18 17 n/a n/a 2 (2) Sytner Group 3,001,000 2,500,000 141 138 105,224 n/a 27 (31) Harwoods 340,898 276,814 16 15 8,021 n/a 52 (58) Johnsons Cars 194,200 171,000 23 22 13,409 n/a 77 (80) Macrae & Dick 134,802 127,709 11 10 n/a n/a 3 (3) Arnold Clark Automobiles 2,604,080 2,253,071 197 154 202,377 n/a 28 (23) Park’s Motor Group 340,000 340,000 37 29 n/a n/a 53 (59) Caffyns Plc 191,760 170,192 14 18 n/a n/a 78 (87) Jacksons Bournemouth 134,000 117,791 10 8 4,296 n/a 4 (5) Lookers Plc 2,163,100 1,898,500 118 109 n/a n/a 29 (22) Pentagon Motor Holdings 339,990 377,753 29 25 25,128 4,861 54 (50) Donnelly Bros Garages (Dungannon) 189,000 185,000 30 32 11,033 2,257 79 (95) Heritage Automotive 130,618 101,146 12 12 n/a n/a 5 (4) Inchcape Retail 2,096,400 2,023,200 113 116 n/a n/a 30 (44) Peter Vardy 312,941 206,982 10 9 13,229 389 55 (52) CEM Day 186,205 181,000 11 11 8,202 3,096 80
    [Show full text]
  • Report on the Affairs of Phoenix Venture Holdings Limited, Mg Rover Group Limited and 33 Other Companies Volume I
    REPORT ON THE AFFAIRS OF PHOENIX VENTURE HOLDINGS LIMITED, MG ROVER GROUP LIMITED AND 33 OTHER COMPANIES VOLUME I Gervase MacGregor FCA Guy Newey QC (Inspectors appointed by the Secretary of State for Trade and Industry under section 432(2) of the Companies Act 1985) Report on the affairs of Phoenix Venture Holdings Limited, MG Rover Group Limited and 33 other companies by Gervase MacGregor FCA and Guy Newey QC (Inspectors appointed by the Secretary of State for Trade and Industry under section 432(2) of the Companies Act 1985) Volume I Published by TSO (The Stationery Office) and available from: Online www.tsoshop.co.uk Mail, Telephone, Fax & E-mail TSO PO Box 29, Norwich, NR3 1GN Telephone orders/General enquiries: 0870 600 5522 Fax orders: 0870 600 5533 E-mail: [email protected] Textphone 0870 240 3701 TSO@Blackwell and other Accredited Agents Customers can also order publications from: TSO Ireland 16 Arthur Street, Belfast BT1 4GD Tel 028 9023 8451 Fax 028 9023 5401 Published with the permission of the Department for Business Innovation and Skills on behalf of the Controller of Her Majesty’s Stationery Office. © Crown Copyright 2009 All rights reserved. Copyright in the typographical arrangement and design is vested in the Crown. Applications for reproduction should be made in writing to the Office of Public Sector Information, Information Policy Team, Kew, Richmond, Surrey, TW9 4DU. First published 2009 ISBN 9780 115155239 Printed in the United Kingdom by the Stationery Office N6187351 C3 07/09 Contents Chapter Page VOLUME
    [Show full text]
  • Citroen Direct Used Cars
    Citroen Direct Used Cars Self-determining Titus steady, his saccharimetry trices concretize dandily. Cerographical Heinrich always muds his trochee if Rabi is trickish or phrased articulately. Lonny often tie-in direct when hidrotic Enrico discompose favorably and underbid her equating. Lovely car for daily sheltered parking, then what kind do you selected citroen cars second hand car to Connect with us and get all the latest news from Brindley Group. Car direct ltd to find out for the largest range covers a citroen used cars direct ltd are placed by appointment now have? To direct we will then be the days, we advise on the torque long in the website to our citroen used cars direct commercials. Our experts are ready to assist eligible drivers in selecting the right vehicle and adaptations that will put them behind the wheel within minimum hassle. What a lone car! Cheapest In Market, could not do enough for us. The CITROEN DISPATCH is purple at only 9995 2014 53213 miles. Volkswagen Golf and Ford Focus, when anyone visit about page has content embedded from vote of these sites you target be presented with cookies from their website. The clean white paintwork looks fantastic. The data you have provided on this form will be used to process your enquiry and may be shared with a third party if required to process this enquiry. Perrys dealership again once, direct cars direct cars that your cars direct stockport stocks a wide range. For your safety and security, looking pristine the most change and stylish small car. Good luck with your search! Please try again later on.
    [Show full text]
  • Full Property Address Account Start Date
    Property Reference Number Name (Redacted as Personal Data if Blank) Full Property Address Account Start Date 10010080460 46, Alexandra Road, Grantham, Lincolnshire, NG31 7AP 01/04/2005 10010080463 Lincolnshire County Council Lincs County Council, Alexandra Road, Grantham, Lincolnshire, NG31 7AP 01/04/2005 10010160350 Avc 35 Ltd The Avenue Veterinary Centre, 35, Avenue Road, Grantham, Lincolnshire, NG31 6TA 01/04/2005 10010615050 Neat Ideas Ltd Unit 5, Belton Lane Industrial Estate, Belton Lane, Grantham, Lincolnshire, NG31 9HN 01/04/2005 10010695200 8, Bridge Street, Grantham, Lincolnshire, NG31 9AE 01/04/2005 10010710010 2nd Grantham(St Wulframs) Scouts Group 2nd Grantham Scout Group, Broad Street, Grantham, Lincolnshire, NG31 8AP 01/04/2005 10010720340 The Board Of Governors The Kings School The Kings School, Brook Street, Grantham, Lincolnshire, NG31 6PS 01/04/2005 10011150140 14, Castlegate, Grantham, Lincolnshire, NG31 6SE 01/04/2005 10011150160 16, Castlegate, Grantham, Lincolnshire, NG31 6SE 01/04/2005 10011150500 Grantham Conservative Club 50, Castlegate, Grantham, Lincolnshire, NG31 6SN 01/04/2005 10011150660 The Castlegate, 69, Castlegate, Grantham, Lincolnshire, NG31 6SJ 01/04/2005 10011290453 The Maltings Dental Practice The Maltings, Commercial Road, Grantham, Lincolnshire, NG31 6DE 01/04/2005 10011300272 South Kesteven District Council South Kesteven District Council, Conduit Lane, Grantham, Lincolnshire, NG31 6LQ 01/04/2005 10011810010 Dudley House School 1, Dudley Road, Grantham, Lincolnshire, NG31 9AA 01/04/2005 10011820020
    [Show full text]
  • Experience and Expertise in Machine Guarding for the Automotive Industry
    WELSH AUTOMOTIVE FORUM DIRECTORY OF MEMBER COMPANIES 2016 www.welshautomotiveforum.co.uk WELSH AUTOMOTIVE FORUM DIRECTORY OF MEMBER COMPANIES 2016 3 CONTENTS FOREWORD TIM WILLIAMS, CHIEF EXECUTIVE Welcome to the third edition of the Directory of Welsh Automotive Forum Members. Membership has grown 34% over the past 5 years and I am very pleased that this directory demonstrates the depth and WELSH AUTOMOTIVE FORUM breadth of automotive manufacturing and technical competence of the DIRECTORY OF MEMBER sector in Wales. COMPANIES The Welsh Automotive Forum is the authoritative ‘Voice’ of the sector in Wales and represents the Membership, both nationally and internationally, by working with OEMs, Tier 1s and Government. FOREWORD 3 We have strong relationships with the following bodies: – SMMT, Automotive Council UK, The Automotive Investment Organisation CATEGORIES 4 (AIO), The Advanced Propulsion Centre (APC), The Motorsport Industry Association (MIA), The Niche Vehicle Network (NVN), The Low Carbon A-Z INDEX OF MEMBER COMPANIES 7 Vehicle Partnership (LCVP), the European Centre for Automotive Research (EUCAR) and the European Association of Automotive Suppliers – CLEPA. We also have regular dialogue with equivalent bodies to WAF in the rest of the UK. The growth of the automotive industry in the UK is well documented with the prediction that by 2020, 2million vehicles will be built per annum. For Wales, the announcements in 2016 from Aston Martin and TVR to locate vehicle assembly plants in Wales, generated international interest and further opportunities for the supply chain. The Welsh Automotive Forum has an industry Board which is chaired by Professor Garel Rhys CBE. It is supported by the Welsh Government and is a subsidiary of Industry Wales.
    [Show full text]
  • Sector Skills Assessment for the Automotive Retail Sector – Northern Ireland
    Sector Skills Assessment for the Automotive Retail Sector – Northern Ireland November 2010 Prepared by: IMI Research Department Fanshaws Brickendon Hertfordshire SG13 8PQ Tel: 01992 511 521 E mail: [email protected] www.motor.org.uk/research 2 Contents List of Tables and Figures............................................................................. 4 List of Tables .............................................................................................. 4 List of Figures ............................................................................................. 6 Introduction .................................................................................................... 7 Key Findings ............................................................................................... 7 Drivers of skill demand ...................................................................................................... 7 What is driving change? .................................................................................................... 8 Current skills priorities ....................................................................................................... 9 Anticipating what lies ahead ........................................................................................... 10 Section 1 – What Drives Skills Demand? ................................................... 11 Sector Definition ....................................................................................... 11 Structure of the Sector ...........................................................................
    [Show full text]
  • In Auto Retail 2006
    Who’s Where 2006 IN AUTO RETAIL 2006 CONTENTS Life after the location clause p2 The automotive team at PricewaterhouseCoopers considers the opportunities offered by the abolition of the location clause across Europe 100 leading UK auto retail groups p5 Leading auto retail groups listed alphabetically including head office contacts, trading names and franchise locations All UK franchised retailers p23 All UK franchised retailers listed by town & postcode including contact details, franchises held and, where available, ownership details England p23 Scotland p111 Wales p123 Northern Ireland p129 Channel Islands p133 Used car retailers p135 The major used car supermarket groups including head office contact details, sales sites and stock levels Internet retailers p139 The leading internet retailers including head office contact details, internet site addresses and types of cars remarketed Car manufacturers p141 All UK car wholesale distributors including head office contact details, sales contacts, and franchise development heads All data and information in this report remains the copyright of Automotive Data and Automotive Retail Ltd. No reproduction in whole or part, including photocopying, is permitted without the written consent and license of Automotive Data or Automotive Retail Ltd. The information contained herein includes tracking features which may be used to trace any breach of copyright. While every effort has been made to ensure the quality of the information provided, Automotive Retail Ltd and its partners will not be held responsible for any errors or omissions. No warranty (expressed or implied) is given as to the accuracy or completeness of the document. OUR DATA SOURCE ELECTRONIC DATA CAN BE PURCHASED AT: WWW.AUTOMOTIVEDATA.CO.UK The core data for the franchised auto retailer section of WHO’S WHERE 2006 has been provided under exclusive license to Auto Retail Network by Automotive Data (www.automotivedata.co.uk) - the leading supplier of franchised retailer databases to the industry.
    [Show full text]
  • Deep Integration
    DEEP INTEGRATION HOW TRANSATLANTIC MARKETS ARE LEADING GLOBALIZATION EDITED BY DANIEL S. HAMILTON AND JOSEPH P. QUINLAN PUBLISHED JOINTLY BY CENTER FOR TRANSATLANTIC RELATIONS JOHNS HOPKINS UNIVERSITY PAUL H. NITZE SCHOOL OF ADVANCED INTERNATIONAL STUDIES AND CENTRE FOR EUROPEAN POLICY STUDIES (CEPS) Funding for this project was made possible by a generous grant from the DaimlerChrysler Corporation Fund. Hamilton, Daniel S. and Quinlan, Joseph P. (eds), Deep Integration: How Transatlantic Markets are Leading Globalization, Washington, DC and Brussels: Center for Transatlantic Relations and Centre for European Policy Studies, 2005 ISBN 9-9766434-1-3 © Center for Transatlantic Relations/Centre for European Policy Studies, 2005 Center for Transatlantic Relations Centre for European Policy Studies American Consortium on EU Studies Place du Congrès 1 EU Center Washington, DC 1000 Brussels The Paul H. Nitze School of Tel: 32 2 229 39 11 Advanced International Studies Fax: 32 2 219 41 51 The Johns Hopkins University Email: [email protected] 1717 Massachusetts Ave., NW. Suit 525 Website: http://www.ceps.be Washington, DC 20036 Tel: 202-663-5880 Fax: 202-663-5879 Email: [email protected] Website: http://transatlantic.sais-jhu.edu Table of Contents Preface.................................................................................................. i Executive Summary .......................................................................... iii Section I. Deep Integration and the Transatlantic Economy 1. The Transatlantic Economy: Mars? Venus? No, Mercury!......................3 Daniel S. Hamilton and Joseph P. Quinlan 2. The Transatlantic Economy: Seven Ties that Bind ................................11 Daniel Hamilton and Joseph P. Quinlan 3. The Transatlantic Economy: Remaining Barriers and Possibilities for Liberalization....................................................................................28 Daniel S. Hamilton and Joseph P. Quinlan Section II. Deep Integration and the Transatlantic Economy: Sectoral Analyses 4.
    [Show full text]
  • Report on the Economic Prospects for the Automotive Industry in the UK
    Report on the Economic Prospects for the Automotive Industry in the UK and Europe and its Impact on Ford of Dagenham. Professor Garel Rhys Director, Centre for Automotive Industry Research Cardiff University Business School October 2000 Contents Page Introduction....................................................................................................................... 1 General Principles .......................................................................................................... 3 Size is Beautiful................................................................................................................ 4 Lean Production................................................................................................................ 6 Consolidation in the Automotive Industry........................................................................ 6 Emerging Markets – Promise or Delusion?...................................................................... 10 The Economic Dynamics of the Motor Industry .............................................................. 13 Supply Characteristics ...................................................................................................... 16 Capacity ............................................................................................................................ 20 Subsidy and the Automotive Sector: "Buddy Can You Spare a Dime?"......................... 22 Round-up of the Economics ............................................................................................
    [Show full text]
  • CRR 446/2002 a Study of the Provision of Health and Safety Information in the Annual Reports of the Top UK Companies
    HSE Health & Safety Executive A study of the provision of health and safety information in the annual reports of the top UK companies Prepared by System Concepts Ltd for the Health and Safety Executive CONTRACT RESEARCH REPORT 446/2002 HSE Health & Safety Executive A study of the provision of health and safety information in the annual reports of the top UK companies Laura Peebles, Ansgar Kupper and Tanya Heasman System Concepts Ltd 2 Savoy Court Strand London WC2R 0EZ This report details the findings of a research project to investigate the quality and quantity of health and safety information found in the annual reports of the top UK companies. At present, publicly listed companies are not legally required to include health and safety matters in their annual reports. The current Health and Safety Commission (HSC) Strategy Statement, however, contains an action point which focuses on public reporting of health and safety issues by larger companies. The aim is to promote the reporting of health and safety information in company annual reports and to provide guidance that would allow reporting of such information to a common standard. To assist the HSC with this strategy, System Concepts were commissioned by the Health and Safety Executive (HSE) to undertake an investigation of the provision of health and safety information in company annual reports. The study comprised a series of steps. The main objectives of the study were: i) To determine the current level of reporting of health and safety issues in annual reports of the top UK companies ii) To determine the quality of health and safety information reported.
    [Show full text]