GLG News by Mining Experts

Alan Mulally stated yesterday at the launch of the "new" Taurus that there "may be a hybrid." This shows that he is out of touch with real engineering issues. Hybrids are engineered from the ground up these days.   He also let the company's public relations carnival barkers loose to tout...

Toyota's CEO recently stepped in to directly announce that the "next" generation of the Toyota Prius hybrid would not changeover from nickel metal hydride batteries to lithium-ion ones as previously announced and hyped. It was announced that this was due to Toyota concerns for the safety of its customers....

Toyota is clearly having reservations about building additional manufacturing capacity in the US. Toyota dislikes, quite correctly, building cars on a permanent second shift basis with its attendant increase in employment. Toyota also doesn't know whcih cars it may be forced to make to satisfy CAFE...

Cerberus has bitten off the most digestible of Detroit's aging stock of once prime beef, Chrysler. It has already seen that the Jeep brand still has legs if only it can be expanded at the high end to give loyal buyers a place to go upscale. It will however have to eat Jaguar to get at Land Rover, because...

The Ford Motor Company is literally living on borrowed money, and what's even worse, the assets that it pledged for the borrowings look like their losing value almost daily. Will the borrowers make a call for more collateral? Will that collateral be the family's interest in the company?

GM is taking a big public relations risk in labeling an ordinary tactical move as a strategic one, and thereby directing attention to a decentralizing of a core function, which its real competitors, Toyota and Renault-Nissan are centralizing. Does GM have something up its sleeve, or is it reducing headcount...

Positive announcements about lithium battery technology are now routine and tell us very little about firm production schedules other than that implementation will perhaps begin in 2009 (Toyota), 2008,9, 10,11, or 2012 (GM), 2010 (Honda), or 2011 (Nissan). This has given birth to ever more optimistic...

The US Senate by its actions and statements is letting us know that it no longer cares about the health or continuation of the American OEM automotive industry. have The Senators seem to believe that the American OEM auto makers forced customers to buy only large high powered cars, so that the...

The OEM American auto industry and every other nation's OEM auto industry, which wishes to sell vehicles in the US, Europe, or Japan have been making internal combustion engines that operate as efficiently as economically possible. In addition each engine made that burns a hydrocarbon or oxygenated...

The OEM American automotive industry valued its technology at zero as it gladly passed a century of expertise over to the Chinese for a limited period of low labor costs and an even shorter period of open access to strategic raw materials. The OEM American automotive managers believed that the Chinese...