Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
China Auto Trend 6: Hyper-Competition Across China Automotive Market Segments
September 30, 2009
China: booming car sales, tiny profits | www.businessweek.com
The sixth of the Eight Overarching China Automotive Trends That Are Revolutionizing the Auto Industry concerns the rapidly changing structure of the China automotive market and its impact on the competitive landscape. While many Vehicle Manufacturers have reported robust sales in 2009, what may not be understood or appreciated among those who are observing the growth in sales is that China is a market where quantity of sales should not be confused with quality of sales.
Recognising a basic shift in the labour market.
September 30, 2009
GM, Reva tie up for electric vehicles | www.business-standard.com
It seems that light has begun to dawn on the GM top management!They are now correctly focussing on two long term trends:1.The shift from conventional cars to electrics and hybrids,and2.The progressive upgradation of labour intensive Asian markets to high technology- intensive ones.
GM - REVA Agreement a Practical Step for GM in Electric Vehicles
September 26, 2009
GM, Reva tie up for electric vehicles | www.business-standard.com
GM is taking a practical approach to expanding its electric vehicle product technology and consumer experience in a market where there is limited existing infrastructure that favors fossil fuels over electric vehicles.
GM; Looks To Get The Jump On Imports With Electric Car In India
September 25, 2009
GM, Reva tie up for electric vehicles | www.business-standard.com
The development of small electric vehicles offers tremendous growth potential for the automotive industry, and General Motors, is getting the jump on its competitors by developing EVs for sale in India.
Cash For Clunkers New Car Incentives Helped Used Car Giant CarMax
September 23, 2009
CarMax Raised To Neutral From Sell By Pali Capital>KMX | online.wsj.com
While used cars didn't qualify under the federal Cash For Clunkers program, CarMax credits the program with spiking traffic at its stores. As the theory goes, some new car buyers who didn't qualify for the new car credit turned to CarMax's used cars to scratch the car-buying itch.
China's Geely & Beijing Automotive announce their ambitions !
September 23, 2009
China’s Geely, Beijing Automotive Target Volvo, Saab | www.bloomberg.com
1.These bids clearly show that these manufacturers have Europe in mind as a future market in the future.2.The best way to really acquire technology is to acquire the company where this resides- hence the bid.
"Cash For Clunkers" Final Tally: Good News, Bad News For Domestic Three
September 20, 2009
GM May Boost Output Of New Models | online.wsj.com
The final tally is in on the most popular purchases and most popular trade-ins under "Cash For Clunkers." Ford Focus finished No. 1 for favorite buy. The Ford Explorer was the No. 1 trade-in. How did the Detroit 3 do versus the imports? Here's the final tally.
Pre-Owned Certified Gaining Traction
September 20, 2009
Secondhand Luxury Helps BMW, Mercedes Dealers Lure U.S. Buye | www.bloomberg.com
BMW, Mercedes-Benz, Lexus and all are seeing a glut of pre-owned vehicles on the market. This is partially fueled by lease returns, but bank repos and early trade-ins due to high, unaffordable payments are a major contributor.
Toyota's California Plant Exit Makes Sense
September 17, 2009
Toyota Will Shut California Plant in First Closure | www.bloomberg.com
Toyota has faced criticism from California lawmakers, the U.S. Departments of Labor and Commerce and local government officials over its decision to close its California assembly plant. However, from Toyota's perspective, the decision makes sense.
Innovation and Size Cannot Overcome Economic Realty for Major Suppiler Bosch
September 17, 2009
Bosch to cut 10,000 jobs this year | europe.autonews.com
Bosch' strategy focus on innovation is a good one. However, the realities of the downturn in their major markets and the competition in Asia will take time to respond and adjust to. Their major business is in Europe and North America.
Toyota's California Plant Exit Makes Sense
September 17, 2009
Volkswagen Has Porsche, Sets Sights On Suzuki, What's Next?
September 14, 2009
China Auto Trend 5: Utilization of China's Auto Capacities for Global Expansion
September 5, 2009
Chrysler/Fiat to make Major New Product Decisions
September 2, 2009
Toyota Will Feel The Heat Of California Lawmakers In NUMMI Plant Closing
September 1, 2009