TMA Town Hall for July 22, 2020

Automotive Manufacturing Distress sponsored by AlixPartners

The auto industry is entering an era of depressed global sales and a massive, unprecedented debt load. Learn more about the supply chain risks and other pressures affecting automotive manufacturers.

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Expectations, Recession, Manufacturing, Distribution
With economists predicting an economic slowdown in 2020 and a recession perhaps as soon as 2021, how will valuations and EBITDA (earnings before interest, taxes, depreciation, and amortization) multiples fare? While it is difficult to get meaningful data specifically on distressed sale transactions...
Expect the Unexpected
As the trade war between United States and China persists and competition abroad continues to grow, U.S.-based manufacturers have faced diminished profits and uncertain financial futures. In fact, Deloitte projects the U.S. manufacturing sector’s GDP growth levels for 2019 trended downward,...
Supply Chain Risk Is a Rising Tide
The auto industry moves the needle in many different geographic markets, which often trickles down to other commercial industries. Stress cracks at the original equipment manufacturer (OEM) level often create shock waves down the supply chain, which increase risk factors for tier one, two, and...
Distribution Is Bedrock of Success for Online Retailers
E-commerce has become a disruptive force in both the retail and distribution sectors. It has significantly impacted consumer buying habits as well as distribution networks and technology platforms. For the consumer, most of these disruptions have been positive. E-commerce was made possible in 1991...
Is the Distribution Sector Prepared for Digital Disruption?
The story has been told over and over regarding the negative impact of e-commerce on brick-and-mortar retail and continuing declines in that sector, so much so that the term “retail apocalypse” has lost some of its cataclysmic meaning and significance. Still, upward of 6,000 retail stores were...
JCR Guest Editor
W e decided to do a “Back to the Future” edition of the JCR this month with articles on good old manufacturing, distribution, and retail that I think you will find interesting. Let me give you a sneak preview. We lead off with Tom Pabst and Beth Lennon of HYPERAMS (appraisers and liquidators), who...
General Motors announced on November 26, 2018, its intention to end production at five plants in the United States and Canada by the end of 2019. Press coverage focused primarily on the immediate and direct expected loss of jobs. Political commentary and reaction were also prevalent, given the...