GLG News by Copper Pricing Trend Experts
November 23, 2007
Add Together Wal-Mart, A Higher Limit on its Store Credit Card, and a Contract Assembly Plant, and You Would have a (Cheap) Car Sales Giant
Analysis of:
Mexico's Elektra Plans To Sell, Produce Chinese Automobiles (online.wsj.com)
Add Together Wal-Mart, A Higher Limit on its Store Credit Card, and a Contract Assembly Plant, and You Would have a (Cheap) Car Sales Giant
The business model of Mexico's Elektra Stores is as attractive to Chinese car makers as it is frightening to all of the others.
November 20, 2007
Has Peak Platinum Production Been Reached? If so, How Will This Affect The American OEM Automotive Industry?
Analysis of:
Worth its weight in platinum (www.nature.com)
Has Peak Platinum Production Been Reached? If so, How Will This Affect The American OEM Automotive Industry?
The production of platinum and palladium has doubled in the last ten years. Chinese demand for platinum for automotive emission control catalyst has just begun. Will western usage at current rates be possible if Chinese demand ramps up?
Analysis of:
Honda to lease fuel cell cars in Calif. (www.businessweek.com)
Honda has a state-of-the-art fuel cell reliable enough, small enough, and powerful enough to demonstrate as a short range capable power train for a small car. Honda is far from being ready to sell this vehicle outright, and the market is even farther away from being ready for it. The fuel cell is expensive...
Analysis of:
China tightens foreign investment rules (afp.google.com)
A crisis is looming for those American OEM heavy industrial companies who depend on imports of key specialty metals from China for production of their products in the US. China wants to create and maintain employment in China, and it feels that it is only logical to restrict access to strategic and...
Analysis of:
Can Wagoner Outlast GM's Loss? (www.businessweek.com)
All of GM's real losses lately are not just due to legacy costs and product mix. GM is hiding, in plain site, its massive exposure to Chinese currency fluctuations and raw material costs.
November 7, 2007
Are Ford and Ballard each Floundering Outside of Their Core Competencies to Salvage Something?
Analysis of:
Ballard is in talks with Daimler, Ford to sell fuel cell unit (www.freep.com)
Are Ford and Ballard each Floundering Outside of Their Core Competencies to Salvage Something?
Ballard Power Systems was originally a battery company; it made lithium technology batteries for military power storage applications. Ford Motor Company was the first large industrial company to mass produce a car intended for middle income customers. Ballard knows very little about the design, power...
Analysis of:
Ford will not sell hybrids in Europe (www.autonews.com)
The Ford Motor Company hardly sells any hybrid vehicles. Ford Europe has announced that they will not even offer hybrids there. Is there then any reason to continue to sell hybrids in America? I think the answer is no.
November 6, 2007
GM Offers Billions in Tribute to the Peoples Republic of China and Not One Cent for the Defense of the American Market
Analysis of:
GM Will Color Its Strategy Green in China (online.wsj.com)
GM Offers Billions in Tribute to the Peoples Republic of China and Not One Cent for the Defense of the American Market
General Motors' corporate managers have for decades adopted a business model based on a shortsighted belief in mainly short term solutions to long term problems; this managerial class, which is typical of most large American corporations, and universal within the American OEM automotive industry, assumes...
November 5, 2007
Only in Russia; Producing Primary Aluminum Utilizing Electricity from a Company Owned Nuclear Reactor
Analysis of:
Rusal to take smelting nuclear (business.timesonline.co.uk)
Only in Russia; Producing Primary Aluminum Utilizing Electricity from a Company Owned Nuclear Reactor
No aluminum producer yet has successfully managed to vertically integrate the production of its total needs for electric power into its process, because it turned out not to be possible to control its access to the coal, oil, or gas fuel for a dedicated electric power plant, or even if it...
November 2, 2007
Doesn't BHP Billiton Benefit More From its Proposed Pricing Index Than Either CVRD or Rio Tinto?
Analysis of:
BHP Billiton Faces China's Anger on Index (www.ft.com)
Doesn't BHP Billiton Benefit More From its Proposed Pricing Index Than Either CVRD or Rio Tinto?
BHP Billiton is geographically the closest supplier to China of iron ore. BHP wants the 2008 price for its iron ore to be indexed to the Cinese spot market. Who would benefit most from this "first step,' perhaps, towards an exchange traded iron ore contract? I think not.
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