Pressured Pricing: Material costs plateauing, says AkzoNobel CEO

Amsterdam, Netherlands — In an interview with CNBC, AkzoNobel CEO Thierry Vanlancker said that raw material prices are plateauing, not decreasing. “I think what we said back then is exactly what’s happening. We’ve reacted vividly in our pricing: 12.5 percent in the quarter, and 14 percent on the exit rate,” said Vanlancker. This forecast follows the […]

GM’s closure and how it affects the rest of Canada

By CRM Staff  Toronto, Ontario — November 28, 2018 —The closure of Oshawa’s General Motors plant will be sure to have lasting effects in the city and the surrounding area, but what does it mean for the rest of Canada? According to Dennis DesRosiers of DesRosiers Automotive Consultants, the reality is a “fly speck.” “There […]