Palladium Instead of Platinum: An Auto Trend Headed For Trouble?
Using palladium instead of platinum in emission systems may save automakers a lot of money initially. But, the shift could aggravate supply problems that are already in the forecast.
Using palladium instead of platinum in emission systems may save automakers a lot of money initially. But, the shift could aggravate supply problems that are already in the forecast.
Palladium was the only precious to be on the positive track on Monday, as the equity rally deteriorated the flight to safe haven investments. Palladium’s near term outlook remains bleak, as reports from Europe said that car registrations dropped 18 percent in February.
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