GLG News by Gold Mining Experts

American OEM heavy industry is once more highlighting its worst shortcoming: A total lack of long term strategic planning to manage the risk of supply interruption of critical materials due to production limitations on natural resources. It's difficult to imagine just how urgent a company such...

The Ford Motor Company is following the lead of Toyota and will market four hybrid models in its 2010 lineup, due out in less than 6 months at the end of the first quarter of 2009. The Ford Escape and Mercury Mariner for 2010 will be upgraded and joined by hybrid versions of the Ford Fusion...

No one has ever built a practical electric powered performance car with  a range on a single charge of 250 miles and a top speed of 150+ mph. It certainly may be possible to make and select from thousands of lithium-ion batteries enough stable ones to build a battery pack large enough to give the...

Issues that will impact projects going forward are: 1. slower world growth 2. the relative attractiveness of other competing projects worldwide 3. availabilty of finance generally will be increasingly difficult and costlier to obtain 4. in line with point 3 perceived PNG risk will become more expensive...

The American owned and operated OEM automotive industry was only profitable when it had both a monopoly and credit was cheap. This situation can never again occur, because the OEM American owned and operated car industry's domestic market share is already below 50% and is  still rapidly decreasing...

Is the American Government smart enough to see that the average American has already written off General motors, Ford, and Chrysler? The proposed bailout of any of these mismanaged train wrecks is nothing of the sort; it would be rather a stimulant to a dying industry intended to get an unrepresentative...

For reasons of economics, safety, reliability, and longevity we can now say bye-bye to the lithium-ion battery for mass production.   The automotive press, taking its leads from a technologically ignorant automotive industry  assumed that there would be a progressive advance going...

BMW says it will soon lease 500 Mini-E, electric cars, possibly before the end of 2009, for a North American beta test. This is not a test of a practical model of the Mini Cooper, because the vehicle is just a 35 Kwh battery mated to a 150 H.P. low torque electric motor and this "power train'...

the article mentions a key issue to be confronted by OPEP as they gather next week in Viena: its market power. Also it points out the high volatility of oil prices in the last 12 months.

If a smart Texas teenager can assemble an electric car with a 40 mile range for under $10,000 cannot a larger corporation build a car with the same performance for use by High School and College students to go back and among school, home, and the job they'll need to pay for it? Why not build these just...