The 2011 Chicago Auto Show (CAS) boasted a 10 percent year-over-year increase in attendance. Local dealerships hope a heightened interest in a recovering auto industry will translate into a continuation of increases in monthly sales. Of course, lots of people are trying to figure out what will drive the market.Read More
With the introduction of 3D TVs in early 2010, TV manufacturers hyped the new technology with the hope of stimulating consumer demand. Yet annual sales of 3D-capable TV sets were lukewarm at best. It is estimated that 3.4 million 3D sets were sold worldwide in 2010, accounting for just 1.2% of the…Read More
Consumers increasingly seek out and are often willing to pay a premium for “All natural” and “organic” products. Yet, these terms are often not precisely defined. When it comes to “organic” and “natural”, it’s all about the label.Read More
As promised, I’ll share my trick to sizing the Deepwater Horizon oil spill with previous catastrophes is working with different units.
Self-interest plays a role in how previous spills and the BP gusher are reported. Amounts in gallons look MUCH BIGGER than amounts in barrels…and weight in tonnes look MUCH SMALLER…Read More
Over the last 50 years, offshore drilling spills, including the Deepwater Horizon, have unleashed a little more than approximately 6.4 million barrels; tanker accidents have spilled 25.4 million barrels. Tanker oil spills occur more frequently and release more oil than offshore drilling accidents, by a wide margin.Read More
I wasn’t disappointed at the May 26 luncheon sponsored by The Chicago Council on Global Affairs. Jim McNerney, president and CEO of The Boeing Co., and chairman of the re-established President’s Export Council, spoke to a packed house. My take-aways about export growth drivers:
1. US-China interdependence in business is growing…Read More
Electrification of the motor vehicle is an area of much increased R&D activity of late. The popularity of new powertrain technology will only grow. Market leaders will be those companies that have their fingers on the pulse of consumer trends and behavior.
Strong consumer demand and the need for environmentally friendly…Read More
I’ve been following the automotive industry for several years. Recently it’s become clear to me that the growth of hybrids will drive demand for new technologies. At last week’s SCIP meeting in Milwaukee, I heard a great discussion that helped me get a better fix on some of these trends.
By 2015, the supply of…