GLG News by Carbon Fiber Experts

Mark FendleyContinuous Improvement ManagerBMW MANUFACTURING CO., LLC

Volkswagen Announcement in July Will Be a Bright Spot in an Otherwise Gloomy Automotive Mont

June 9, 2008

Analysis of:Decision on VW plant still on track for July announcement | www.chicagotribune.com

Volkswagen recognizes they have to produce in the US to growth the US market share. The same formula has worked for the other German, Japanese, and Korean transplants. Expect the factory to be flexible enough to produce both Volkswagen and Audi products, since they share platform and powertrain components. Also, expect the factory to be positioned as an export center for VW and Audi products produced with US components with a US dollar basis.

Mark FendleyContinuous Improvement ManagerBMW MANUFACTURING CO., LLC

The North American Automotive Industry Is Not a Dot.com Bubble; There is a Growth Strategy

May 22, 2008

Analysis of:Car Makers' Boom Years Now Look Like a Bubble | online.wsj.com

Autmotive OEM's have saturated the US market, and now must ride out the economic downturn. The astute OEM's are right-sizing for the US market,and the wisest among them are using US capacity to support the explosive growth of sales in China, Russia, India, and Brasil. What should emerge are more OEM US manufacturing operations that are supporting world car platforms. US factories could become significant exporters of certain models.

Mark FendleyContinuous Improvement ManagerBMW MANUFACTURING CO., LLC

Freescale Is On A Roll In Multiple Automotive Markets and Applications

May 16, 2008

Analysis of:Freescale, Chery Team Up to Develop Automotive Electronics Technology in China | techon.nikkeibp.co.jp

The alliance of Freescale and Chery to develop MCU and chipset technology means tremendous potential for Freescale growth in Asia. Freescale's recent acquisition of SigmaTel could give Freescale an avenue to grow share of automotive multimedia and infotainment chipset applications. Freescale is well positioned to continue to be the dominant semiconductor supplier to the worldwide automotive market, driven by continued strong demand for chipsets for new applications, resulting in greater numbers of chipsets per vehicle, and strong vehicle unit sales in Asia and in Eastern Europe.

Mark FendleyContinuous Improvement ManagerBMW MANUFACTURING CO., LLC

Carlos Ghosn is "Dead-On" In His Assessment of Both Foreign and Domestic Automotive Market Growth

May 5, 2008

Analysis of:Russia's Car Market Will Pass Germany's In Two Years Says Ghosn | goldsea.com

The significance or the emerging markets in Russia, India, China, and Brazil should not be underestimated by any automotive OEM who wants to experience significant growth in the future. In addition, the implication that raw material sourcing and pricing as well as manufacturing and logisitcs cost control will be the focus of tremendous OEM attention is accurate. Finally, the prediction that U.S. sales will remain flat and will shift in types of vehicles sold should prove true.

George DorkhomExecutive ChairmanGREENKOTE PLC

Emerging markets will continue to fuel the growth of global economy

May 1, 2008

Analysis of:Global steel prices - brace for a correction? | www.reuters.com

The article rightfully points out to the increase in demand for steel products and metals in general and that countries as India, China and the Middle are one big construction site with high demand for raw metals thus increasing  prices of the benchmark products such as hot-rolled carbon steel to a record high. However, the article failed to mention the huge out-put of steel and metals that some of those countries produce, such as China which currently is the number one producing country in th world with 500M MT annually, in additions to the new comers such as Brazil with high quality products but less expensive production cost . What the article  also misses is the huge cash reserves that these countries have accumulated and the tremendous economic growth that they are experiencing in certain sectors of some 30% annually with a combined GDP projection of 7-8 %.

Mark FendleyContinuous Improvement ManagerBMW MANUFACTURING CO., LLC

The Volt - GM's Attempt at Green Marketing without the Green Product or the Green Return

April 18, 2008

Analysis of:Volt plug-in hybrid is 'No. 1 priority,' GM says | www.msnbc.msn.com

The GM Volt will contain a battery pack technology that is largely unproven and  largely untested to withstand automotive environmental and reliability requirements. In addition, the manufacturing of Lithium Ion battery packs on the scale that will be needed for Volt production is an environmentally unfriendly process that will offset much of the benefit of the Volt's "Green Friendly" marketability if Green saavvy consumers investigate the manufacturing process for this technology. The true cost of the Lithium Ion battery pack design, development, and piece price will have to be subsidized by GM, resulting in less "green" to the bottom line than any automotive company would like to see. GM's true hope is that "Green Hype" will lead to green dollars in the showroom.

Mark FendleyContinuous Improvement ManagerBMW MANUFACTURING CO., LLC

Department of Justice is Accurate in the Ruling of Sirius/XM Merger - No Problem

April 8, 2008

Analysis of:DOJ Approves XM, Sirius Merger | www.pcmag.com

The merger of Sirius and XM satellite radio providers will not be a competitive threat to terrestrial radio or HD radio. Other competitive alternatives for the listeners ear will mean more entertainment choices in the future for those seeking audio entertainment. Sirius and XM need to fully market and develop satellite video as an alternative in mobile broadband development of video receiving capabilities.

George DorkhomExecutive ChairmanGREENKOTE PLC

A Disgrace ..is an understatement

April 7, 2008

Analysis of:Heathrow’s older terminals still a disgrace, travellers say | travel.timesonline.co.uk

London Heathrow is a problematic airport,  outed over congested and overely expanded facility. But beyond all this it is mismanaged and customer care  does not exist in the employees mind. Most business travelers are avoiding Heathrow and traveling out of London City airport , a smaller more effecient airport. I had a personal experience just three weeks ago where I had a two hours meeting in London flying out of Berlin, I was delayed two hours in the inbound and three hours on the outbound..With no information available and the treatment of passengers is beyond any description. I predict that Heathrow will soon see a down turn and the situation will effect the British economy in General.

Gerard BuhrerOwnerSpectrum International Sourcing

Costs Are Sinking The Boating Industry

April 2, 2008

Analysis of:Ill economic winds batter boat industry | www.chron.com

High Fuel cost are keeping many boats tied to their slips or not being launched at all. Coupled with higher cost for storage, towing, moorage at destinations, and lower free income, the 2008 boating season will be very flat. New boat sales are at the lowest point in years and even used boats are flooding the market. Here in the North East we are seeing high numbers of people leaving boating for good.  At my marina - one of the largest in Ct. - we are seeing  a 20-25% vacancy rate. That is the worst in 20 years.

Mark FendleyContinuous Improvement ManagerBMW MANUFACTURING CO., LLC

SiRF Results are Aligned with Predictions of the Future of the PND Product and Market

March 31, 2008

Analysis of:SiRF Lowers Q1 Rev Outlook; to Cut 7pct Jobs | www.reuters.com

SiRF sites significantly lower sales of chips for PND devices manufactured by TomTom and Garmin. This Tier One supplier to the PND OEM's is a accurate sign of the future market for these devices. The PND product will be hit by a double whammy in the next few years. Those market factors are a reduction in consumer spending on PND's and a higher value content in automotive OEM navigation and infotainment equipment.

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