Archive for August 27th, 2008
Wednesday, August 27th, 2008
International company that specializes in asset management services. With over sixty years of successful auctioneering and valuations experience, they has developed the skills and resources necessary in order to assist clients efficiently with all aspects of their asset management needs. they conducts industry-specific auctions so as to acquire the maximum possible capital return for your idle assets, from used truck trailers for sale to surplus medical supplies for sale.modern advances in internet technology with traditional sales methods to help you dispose of your assets efficiently.
Government agencies and financial institutions with their asset management needs for years. Many big names have chosen to continuously utilize auctioneering services, including AT&T, Apple Computers, Boeing, Daimler Chrysler, General Electric, Ford Motor Company, Hewlett Packard, Packard Bell and Xerox just to name a few. Whether you are looking to auction off used trailer trucks for sale across multiple locations, or a single industry printer online, Dovebid has the global resources and experience to assist you and your organization in the entire auction process.
Surplus Asset Management Services are offered to companies in order to provide successful surplus asset management solutions. An organization that has an unused or idle truck trailer is devaluing themselves, in as much as they possess a capital asset that is not being used to its full potential and is thus not bringing in the required capital growth or return. The idle assets can be relocated to other areas of the company for use, or they can be auctioned off in an industry specific auction like ‘used trailer trucks for sale’.
Inspection Services are highly valued because they enable remote buyers from across the world to safely and confidently purchase their used truck trailers for sale and other assets from anywhere in the world. You can get an inspector to physically inspect the item that you are interested in wherever it is located and then get a quality report so that you can make your decision. You can also take a 360 degree virtual online tour of the asset to get a closer look at your asset.you can sell your truck online.
Posted in Trucks | No Comments »
Wednesday, August 27th, 2008
“Although we continued to implement substantial operational improvements and cost saving projects, because of the unexpectedly rapid and deep fall in the RV markets, Coachmen Industries Inc. reported a $3.0 million loss for the quarter ending June 30, 2008. Our Housing Group achieved another profitable quarter. However, the tremendous strides in cost reductions accomplished by our RV Group were insufficient to overcome the effects of extreme fuel prices and a continuing credit crisis which has resulted in the lowest consumer confidence in over 16 years,”.Our loss of $3 million for the quarter is obviously not what we strove to achieve, but it does represent an improvement in bottom line performance of $7.2 million or 71% from 2007 in the face of a 35% decrease in net sales. Through the first half, we have reduced our loss to $1.6 million from $21.5 million in 2007, an improvement of 93%, which is commendable given what is happening in both the housing and RV markets. Our operating expenses are tracking at less than 55% of last year’s level. These results demonstrate that the actions we have taken are working, and will allow us to weather this down cycle. Nevertheless, we must - and will - take even further measures to bring our costs in line with the revenues that are the reality of these market conditions.”
Net Sales for the second quarter were $96.7 million compared to $149.8 million reported for the same period in 2007. Gross profits for the quarter improved to $6.9 million or 7.1% of revenues from $6.0 million, or 4.0% of revenues for second quarter of 2007. Operating expenses decreased $7.6 million from last year to $9.2 million. At the bottom line, the Company reported net loss of $3.0 million, or ($0.18) per share, versus a net loss of $10.1 million, or ($0.64) per share in the second quarter of 2007.
“While we turned in a loss for the quarter, we have made significant progress in reducing our break even through cost reductions, capacity utilization, consolidation, and radically improved products … both appeal and quality, however it simply is not enough in light of the current and projected market conditions and economic climate,”.And while a quarter over quarter improvement in bottom line performance for the RV Group of 44.0% on 47.2% fewer sales conclusively demonstrates the improvements we have made, we simply must make further adjustments throughout our Company to navigate the worst market conditions our Industry has seen in decades”.
Coachmen Industries, Inc. is one of America’s leading manufacturers of recreational vehicles, systems-built homes and commercial buildings, with prominent subsidiaries in each industry. Coachmen is one of the nation’s largest producers of systems-built homes, and also a major builder of commercial structures with its ALL AMERICAN BUILDING SYSTEMS products.
Posted in RVs | No Comments »
Wednesday, August 27th, 2008
Indian auto industry is flourishing with new car brands, models and variants. The competition among the car manufacturers is very high. To offer best car to the buyer with luxurious and convenient features, every car maker rolls out cars with maximum comfort. We have cars from every segment from small to big, entry-level to hi-end, simple to luxurious and from ultra-cheap car to most expensive one. Nowadays even common people are capable of maintaining a car. Thanks to easy financial schemes, discounts and loans, this has been a boon for today’s consumers.
Now with the increase in fuel price and increasing pollution level car manufacturers are introducing eco-friendly cars. At present we have Maini Reva from the electric car segment and recently Honda rolled out the first hybrid car to India, the Civic hybrid. Other car manufacturers are also planning to roll out the hybrid cars to India like the Toyota and Hyundai very soon. We also have LPG (Liquefied petroleum gas) and CNG (Compressed Natural Gas) versions of cars that are not only eco-friendly but also fuel friendly.
The largest Indian automobile player Tata is also in full swing to produce an electric version of its ultra-cheap car, the Nano, baptized with the name E-Nano. This electric car will be built in collaboration with the Norwegian electric car specialist firm. The Tata has taken the ‘green step’ keeping in mind the cost and size of the car. The brand has not disclosed the specification details or the launching period as Tata Nano is yet to be launched commercially. But E-Nano will also make its way to the Indian roads very soon.
Tata will bestow its customers with the brand new Nano in the month of October this year as a Diwali gift. Everyone might be having complete information of the Nano; a little brush up will refresh the memory. The base model of the Nano carry a price tag of Rs 1 lakh, powered by a 623 cc engine churning out 33 bhp. The base model will be available without AC, electric windows or power steering that comes as standard in modern new cars.
The company will do an advertisment forlaunching another variant of Nano with turbo-charged engine but for that people will have to wait little more as it will be seen in showrooms only by 2009.The Tata Motors has also signed a contract to compressed air car giving the buyers economical and totally pollution free package.
Posted in car | No Comments »
