It’s great that Chinese companies may want to buy Chrysler or GM. That’s how the free enterprise system works. Companies are priced at a fair market value in public exchanges (if they’re publicly held) and then anyone with the cash can buy them, just like any products are bought and sold a la Adam Smith. IBM was able to unload its no-longer viable personal computer business to Chinese investors. It’s a great way to get money back into the hands of American businesses and investors. And as John Dodge pointed out on his Facebook page, GM has a capitalization of only $1.35 billion at current stock prices. GM has a large product development center in China and Buick is one of the top-selling brands in China. Most importantly, a Chinese buyout of GM or Chrysler saves US taxpayers a lot of cash.
Divestiture of assets to foreign investors is not a great long-term strategy, however. Our weak financial situation is a result of years of deficit spending and a bulging federal debt. If you’re mad about General Motors going bust—don’t be mad at me. Be mad at your own spending and voting patterns.
A new compression molding compound material combines the light weight, strength, and rigidity of carbon fibers with the flexibility and lower cost of glass materials in a composite compatible with automotive production.
Plastic bearings are real and millions of them are in use doing heavy-duty jobs we used to think only metals could do. Some of Germany-based igus's bearings are traveling around the world as functional parts in a car to demonstrate what they can do.
Baxter showed off his 2.0-derived moves at ATX West this year. The big red guy still looks pretty much the same, but has some new abilities, mostly due to software. The research robot version is now being used in corporate R&D departments as a design platform.
End-production using 3D printing, including objects made of multiple materials in one pass, is getting closer to reality as we saw on the exhibit floor at the recent Pacific Design & Manufacturing Show.