A screwed Christmas and CNY !!

[makapaaa]

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Coffeeshop Chit Chat - A screwed Christmas and CNY !!</TD><TD id=msgunetc noWrap align=right> </TD></TR></TBODY></TABLE><TABLE class=msgtable cellSpacing=0 cellPadding=0 width="96%"><TBODY><TR><TD class=msg vAlign=top><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD class=msgbfr1 width="1%"> </TD><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>Toby Kuntakinte (PouletGeorge) <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>Dec-9 5:27 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (1 of 12) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>42066.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>[FONT=Comic Sans MS,Sans-Serif]Hey, Guys at local Car ShowroomS, [/FONT]
[FONT=Comic Sans MS,Sans-Serif]Dun dispair, heed "these wise words" from our dearest Lim Swee Say, Retrain, Relearn, and ReSkill to stay in the workforce so that you can have a service/product that is Better, Faster, and Cheaper.[/FONT]
[FONT=Comic Sans MS,Sans-Serif]Of course, the GST had increased to help poor folks like you !![/FONT]
[FONT=Comic Sans MS,Sans-Serif]Well, if you believe the craps above, YOU FUCKING DESERVED IT !!![/FONT]
[FONT=Comic Sans MS,Sans-Serif]Election is near, YOU HAVE A CHOICE !! IT'S ALL ABOUT YOU !![/FONT]

Singapore

Home > Breaking News > Singapore > Story


Dec 10, 2010

S'PORE MOTOR INDUSTRY
Letting go of staff

<!-- by line -->By Christopher Tan, Senior Correspondent
<!-- end by line -->
<!-- end left side bar --> For Toyota agent Borneo Motors, the largest distributor here, another round of retrenchment could be around the corner. More than 100 employees have already been let go in two earlier rounds of staff cuts. -- ST PHOTO: CAROLINE CHIA

<!-- story content : start -->
IN WHAT could be a sign of things to come, motor group Cycle & Carriage will let its 20-strong Mitsubishi sales force and administrative support team go after Chinese New Year.
The group, which retrenched a number of other employees earlier this year, will be farming out its Mitsubishi franchise to a sub-dealer.


</TD></TR><TR><TD> </TD></TR></TBODY></TABLE><TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR><TD class=msgleft width="1%"> </TD><TD class=msgopt width="24%" noWrap> Options</TD></TR></TBODY></TABLE></TD></TR></TBODY></TABLE>

 

[makapaaa]

<TABLE border=0 cellSpacing=0 cellPadding=0 width="100%"><TBODY><TR class=msghead><TD><TABLE border=0 cellSpacing=0 cellPadding=0><TBODY><TR class=msghead vAlign=top><TD class=msgF width="1%" noWrap align=right>From: </TD><TD class=msgFname width="68%" noWrap>kojakbt89 <NOBR></NOBR> </TD><TD class=msgDate width="30%" noWrap align=right>Dec-9 7:39 pm </TD></TR><TR class=msghead><TD class=msgT height=20 width="1%" noWrap align=right>To: </TD><TD class=msgTname width="68%" noWrap>ALL <NOBR></NOBR></TD><TD class=msgNum noWrap align=right> (5 of 12) </TD></TR></TBODY></TABLE></TD></TR><TR><TD class=msgleft rowSpan=4 width="1%"> </TD><TD class=wintiny noWrap align=right>42066.5 in reply to 42066.1 </TD></TR><TR><TD height=8></TD></TR><TR><TD class=msgtxt>Dec 10, 2010

Car agents letting go of sales staff

<!-- by line -->By Christopher Tan, Senior Correspondent
<!-- end by line -->
<!-- end left side bar -->

For Toyota agent Borneo Motors, the largest distributor here, another round of retrenchment could be around the corner. More than 100 employees have already been let go in two earlier rounds of staff cuts. -- ST PHOTO: CAROLINE CHIA

<!-- story content : start -->
IN WHAT could be a sign of things to come, motor group Cycle & Carriage will let its 20-strong Mitsubishi sales force and administrative support team go after Chinese New Year.
The group, which retrenched a number of other employees earlier this year, will be farming out its Mitsubishi franchise to a sub-dealer.
The move comes on the heels of a shrinking vehicle market, brought on by sliding certificate of entitlement (COE) supplies beginning last year and expected to continue next year.
In fact, estimates put next year's quota at below 40,000 certificates - less than one-third the average annual supply between 2003 and 2008.
The impending contraction sparked frenzied bidding at the latest tender on Wednesday, raising premiums by 30 per cent to a high of $64,900.
Mr Cheah Kim Teck, motor operations chief executive of Cycle & Carriage, said the cost-cutting measure was necessary as the market share of Japanese makes had plunged in the last one year.
The relatively weak euro and higher profit margins have allowed German carmakers like Volkswagen, Audi, BMW and Mercedes-Benz to erode the Japanese's long-dominant presence in the market.
The Japanese brands, which traditionally have thinner margins, have also been saddled with a strong yen in the past year.
Mr Cheah said its Kia operations had also not been profitable of late, but downsizing is not yet in the offing.
'The way to do it is the low-cost way,' Mr Cheah said, adding that Mitsubishi Motors, the car manufacturer, had agreed to the move.
After Chinese New Year, Mitsubishi will move from its current Alexandra Road showroom - which Mr Cheah described as 'expensive' - to Fulco, a sub-dealer located in Kampong Ubi.
Mr Cheah said Cycle & Carriage will retain its role as importer and marketer of the Japanese brand.
He said the freed up space in Alexandra Road will be used to house Cycle & Carriage's expanding used-car operation.
Over at Toyota agent Borneo Motors, the biggest distributor here, another round of retrenchment could be coming soon. The company has had two earlier rounds, when more than 100 employees were let go.
A senior executive would say only that the company is 'exploring options' now.
Elsewhere, sales staff at motor firms have been leaving in droves since the COE supply was slashed by over a third this year.
A spokesman for Hyundai agent Komoco said its sales strength had fallen by more than 10 per cent this year to about 50 people.
At Chevrolet agent Alpine Motors, the sales staff strength has gone from 40 to 25 in the last one year.
Alpine managing director Albert Pang said: 'It is going to be tough going forward.'
Many motor companies, meanwhile, will have an equally tough time delivering cars sold before Wednesday's spike in COE premiums, which sent prices $8,000 to $15,000 higher.
The firms are unlikely to absorb the huge increases, and are expected to ask buyers to top up on their purchase price.
According to the Land Transport Authority, half of the 3,432 bids that were submitted at Wednesday's tender were unsuccessful.
Seeing how motor firms usually stagger their bids, industry watchers reckon there could be as many as 3,000 buyers who have ordered cars but are unlikely to get them unless they are willing to pay more.
Retired motor trader Lee Chiu San, 64, said: 'It is simply consumers who refuse to be logical. They keep demanding new cars at the wrong times.'
He added: 'There is no reason not to drive a car for 10 years, and no reason whatsoever not to buy a good, second-hand car, which I just did, for less than the price of today's COE.'

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[Dreamer1]

Dear Makapa,

We have all known you for very long time.

May I ask u:Are you Kojakbt?

Thank you.Just asking

 

[Leongsam]

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Alpine managing director Albert Pang said: 'It is going to be tough going forward.'
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I hate this corporate doublespeak! What's wrong with simply saying "It's going to be tough!". "Forward" is the only way time flows at the moment. There is no other option.

Toyota is launching the FJ cruiser in NZ soon. I've been waiting a long time for this. They've priced it at less than NZ$70,000.00.

It's a REAL off roader. Tough as nails while retaining many creature comforts for on road use.

 

[Watchman]

More retrenchment to be announced round the corner .

Brace for impact after your year end holidays !

Continue to boycott if not run to government agency to work .

The pie just gets smaller thanks to fines and summons .

Stay at home if you do not have the need to travel .

Cisco and police is out in force to hand you a ticket .

 

[Leongsam]

More retrenchment to be announced round the corner .

Retrenchment exercises are good for Singapore. It's a cleansing process whereby deadwood is removed and companies get the opportunity to rejuvenate.

It's also encourages those retrenched to do something a bit more adventurous with their careers as the opportunity cost equation shifts substantially towards taking more risk with much greater potential for a windfall return.

 

[Watchman]

haha nice way to see it as an observer not a participant .

 

[cooleo]

Wooden Goh must be relieved. He did say "if no retrenchments, I worry!"

 

[cleareyes]

Complacency is the reason why many Singaporeans are not going places.

I have a co-worker who goes around, telling her other coworkers not to work too hard or have new ideas or else others cant keep up.

With this sort of attitude, how could Singaporeans compete with anyone?

 

[po2wq]

... What's wrong with simply saying "It's going to be tough!". "Forward" is the only way time flows at the moment. There is no other option ...

mayb dat fella got confused wif reverting back 2 ze coming future n going 4ward in2 ze past history ... :o

 

[Kuailan]

Bad news for motor car industries
BUT good for LTA the staff will get more than
3.5 months BONUS!!!

Anyway COE isn't tranparent at all LTA
can say next month COE $100k again!!! due to less
COE available in the market!!

 

[lifeafter41]

Driving cars seems to be going to the privilege few as COE soars.
At the rate it is going, a 1.5 litre car could be going for 100k soon or is already is.

It's is just plain crazy!!

 

[johnny333]

Complacency is the reason why many Singaporeans are not going places.

I have a co-worker who goes around, telling her other coworkers not to work too hard or have new ideas or else others cant keep up.

With this sort of attitude, how could Singaporeans compete with anyone?

So you work for the gov't

 

[garlic]

I hate this corporate doublespeak! What's wrong with simply saying "It's going to be tough!". "Forward" is the only way time flows at the moment. There is no other option.

Toyota is launching the FJ cruiser in NZ soon. I've been waiting a long time for this. They've priced it at less than NZ$70,000.00.

It's a REAL off roader. Tough as nails while retaining many creature comforts for on road use.

Hi, what do u think of the ford super duty vs the FJ cruiser?

 

[garlic]

Cant these sales peeps just move to 2nd-hand car dealer and work?

 

[Leongsam]

Hi, what do u think of the ford super duty vs the FJ cruiser?

The Ford Super Duty is a truck. The FJ cruiser is an SUV.

 

[Green Light]

Complacency is the reason why many Singaporeans are not going places.

I have a co-worker who goes around, telling her other coworkers not to work too hard or have new ideas or else others cant keep up.

With this sort of attitude, how could Singaporeans compete with anyone?

Why work hard when we can just vote SDP in to fight for minimum wages :o

 

[dietcoke]

I hate this corporate doublespeak! What's wrong with simply saying "It's going to be tough!". "Forward" is the only way time flows at the moment. There is no other option.

Toyota is launching the FJ cruiser in NZ soon. I've been waiting a long time for this. They've priced it at less than NZ$70,000.00.

It's a REAL off roader. Tough as nails while retaining many creature comforts for on road use.

hi sam, may i know what animal does toyota keep in its car to create comfort??

 

[Leongsam]

hi sam, may i know what animal does toyota keep in its car to create comfort??

http://www.thefreedictionary.com/creature+comforts

 

[hairylee]

We were once faster, better and cheaper;
now he want us to retrain, relearn and reskill
to be fasterer, betterer and cheaperer
so we can compete with PRC, Burmese and Bangla cause our university only turning out test tube washer.