GLG News by Copper Pricing Trend Experts
Analysis of:
Tesla ousts co-founder Eberhard: PRICEY ROADSTER'S DELIVERY DELAYS LEAD TO HIS EXIT (origin.mercurynews.com)
Is this a typical phase in the venture capitalist method of taking over a company, where, after a seemingly overgenerous initial investment that leaves the founders in charge a second round of financing gives the investors the leverage to oust the founder and replace him with professional management?...
Analysis of:
Commodities: The Metal Kingdon (www.newsweek.com)
China has been "borrowing industrial manufacturing technology" from American companies for as long as those companies have been killing their supply base by insisting that suppliers meet, match, and/or exceed the China price; i.e., the price for which the customer can ostensibly get the 'same; part...
Analysis of:
Trucks Power China's Economy, At A Suffocating Cost (www.nytimes.com)
It is not only poor fuel quality and worn out, poorly engineered in the first place, diesel truck engines that are causing the massive photochemical smogs in Chinese cities due to their, the trucks,' huge emissions of acid-rain forming, photochemical smog producing, nitrogen and sulfur oxides,...
December 6, 2007
China's Chery Automobile Company "Using The Latest Imported Technology" Wanders Towards (Among Other Places) Bethlehem, Pennsylvania, To Be Born
Analysis of:
ACCELERATING GROWTH: In China, Chery Automobile Drives An Industry Shift (online.wsj.com)
China's Chery Automobile Company "Using The Latest Imported Technology" Wanders Towards (Among Other Places) Bethlehem, Pennsylvania, To Be Born
The transfer of manufacturing technology from the most industrialized western countries to Asia has been going on for more than a century. Will the OEM automotive industry get value or creative destruction from its decision to pay for Chinese low cost labor with manufacturing technology that will ultimately...
December 5, 2007
General Motors Is Making Smart Moves, Which Could Well Result In Dominance In The Twenty-First Century's Global OEM Automotive Market
Analysis of:
GM bids for 'significant' stake in Russian Avtovaz (www.autonews.com)
General Motors Is Making Smart Moves, Which Could Well Result In Dominance In The Twenty-First Century's Global OEM Automotive Market
The short sighted stock market does not understand GM's global plan.
General Motors is North America's highest volume domestic vehicle producer and seller.
General Motors is the highest volume non-European manufacturer and seller of vehicles in Western Europe.
General Motors is the largest...
Analysis of:
Baosteel set to gatecrash BHP's bid for Rio Tinto (business.timesonline.co.uk)
The Chinese steel industry produces today about one-third of the world's steel each year, and it is growing.
China has essentially no domestic iron ore resources or reserves.
Chinese steel is today produced mainly from iron ore in basic oxygen (blast) furnaces.
China today must pay for imported...
Analysis of:
PURCHASING: Value of auto parts buys in China to rise 25% annually (www.freep.com)
General Motors made a bad bet by putting all of its (out)sourcing into a China price basket; it left itself thereby completely at the mercy of global market forces over which it has no control whatsoever and which its increasingly isolated purchasing managers seem not to comprehend.
December 3, 2007
"Is Toyota Really Committed To Being Green, OR Are They Just Green Scamming?" asks Rob Perks of the Natural Resources Defense Council.
Analysis of:
Toyota's Green Problem (www.newsweek.com)
"Is Toyota Really Committed To Being Green, OR Are They Just Green Scamming?" asks Rob Perks of the Natural Resources Defense Council.
The obsolescent Toyota Prius is probably now and most likely has always been a money losing car to build, sell, and maintain, which even at just 3% of Toyota's yearly build may now be having a negative impact on Toyota's image all out of proportion to its sales volume. This is a sharp contrast with...
November 26, 2007
Is Japan, Incorporated, About to Take a Giant Step Into the Hydrogen Powered Future While the Rest of the World Stays Behind?
Analysis of:
Can Japan's Steel Industry Kick the Coke Habit? (www.businessweek.com)
Is Japan, Incorporated, About to Take a Giant Step Into the Hydrogen Powered Future While the Rest of the World Stays Behind?
It has always been cheaper to use coke, 'carbonized coal,' to reduce iron oxide (ore) to iron in a blast furnace than to use any other reducing agent, such as hydrogen. Coke has long been the only practical reducing agent, and has been in use, since the beginning of the blast-furnace era in Wyandotte,...
Analysis of:
U.K. Union Says, "Tata, Ford" (www.forbes.com)
Tata is trying to buy the Jaguar and Land Rover brands as an entre into the western European and North American markets for its future higher end, but still commodity, cars.
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