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GLG News by Injection Molding Machinery Experts

Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Carmakers Deserve Loan Guarantees, G.M. Official Says (www.nytimes.com)
On what basis do OEM American carmakers deserve federal loan guarantees? Is it because their legacy costs weren't their own fault? Is it because they made lower quality vehicles than their foreign competitors? Is it because they sent American jobs overseas so that the unemployed workers they created...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Can One Man’s Actions Take $6 Billion In Value Out Of A Minor Metal Market In A Month? (www.resourceinvestor.com)
End users of minor metals for critical purposes, i.e., for purposes that are not economically or technologically possible without a particular minor metal, can hedge the required supply of metal by financing the producer's output, through offtake agreements, for example, and by being the buyer of last...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Chrysler Sues Johnson Controls For $15M In Overcharges (online.wsj.com)
In just this year Cerberus' accountants may have inadvertently exposed the seamy side of cost cutting in the American OEM automtoive industry: 1. Overcharging by non-competitive politically correct suppliers, 2. Underbidding by suppliers desparate to keep their own factories open, and now 3. Short-weighting...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Timminco CEO Blamed For Norilsk Woes (www.financialpost.com)
If we believe the news out of Russia then there must be palladium aplenty residing in the vaults of, or under the control of, Norilsk, the world's largest palladium producer.
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Hybrid race heats up for carmakers (www.ft.com)
General Motors may not actually have a plan to compete with Toyota in the hybrid market. General Motors engineering and purchasing was disastrously shortsighted in the late 1990s and early 2000s, and its product planning group remains so even now. All of GM's product planning and sourcing errors were...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Metals prices dive as dollar rallies (business.timesonline.co.uk)
Is it ridiculous to assume that a marked change in the value of the US dollar in relation to the resource backed currencies of all or even some of the BRAC countries, Brazil, Russia, Australia, and Canada, will not affect the immediate dollar price of the natural resources produced in...
Douglas Hall, Proprietor
Douglas Hall, Proprietor
RTF, LLC
Analysis of: Detroit’s race against time : Will the Big Three’s cash last long enough for them to fix themselves? (www.economist.com)
Chrysler LLC announced it was exiting leasing entirely in July and GMAC has discontinued leasing in their Canadian market. This in it self may be considered a risk management avoidance given the current market status, however I find it interesting that Chrysler LLC is owned by Cerberus and Cerberus...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Stocks Gain as Oil’s Fall Continues (www.nytimes.com)
Gold has no utilitarian value whatsoever. Oil, however, is intrinsically the single most valuable commodity in the world and will remain so until the production of electric energy and the fueling of ordinary passenger and freight carrying vehicles in a nation no longer uses more oil than that nation...
Jack Lifton, Managing Director
Jack Lifton, Managing Director
Jack Lifton, LLC
Analysis of: Mercedes May Cancel Hybrid SUV Plan Due To Chevron Dispute (www.informationweek.com)
Mercedes is leading the green charge in European luxury cars. It is bringing its Bluetec diesel engines to the market to improve fuel efficiency and lower emissions for its premium cars. Mercedes also keeps talking about a plug-in hybrid using a 'lithium' battery that is supposed to be coming soon....
Dennis Profitt, Consultant
Dennis Profitt, Consultant
Dennis Profitt
Analysis of: Ford Details Overhaul Plans As Losses Continue To Grow (online.wsj.com)
Ford announced it was bringing six European vehicles to the US market and GM announced it was closing four truck Plants and adding shifts and new products to other plants.  While driven by the marketplace and predominantly by the price of fuel, this represents a departure from past downturns.

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