Tag: automotive industry

Millennials Still Prefer Cars, Study Suggests

<img data-attachment-id="1629976" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2018-Honda-Accord-Sport-red-2.0t.jpg" data-orig-size="1200,800" data-comments-opened="1" data-image-meta="{"aperture":"8","credit":"Honda","camera":"Canon EOS 5D Mark IV","caption":"2018 Accord Sport 2.0-Liter Turbo","created_timestamp":"1505986855","copyright":"Copyright 2017","focal_length":"56","iso":"200","shutter_speed":"0.05","title":"2018 Accord Sport 2.0-Liter Turbo","orientation":"1"}" data-image-title="2018 Accord Sport 2.0-Liter Turbo" data-image-description=" Image: Honda ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2018-Honda-Accord-Sport-red-2.0t-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2018-Honda-Accord-Sport-red-2.0t-610×407.jpg” class=”aligncenter size-large wp-image-1629976″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2018-Honda-Accord-Sport-red-2.0t-610×407.jpg” alt=”2018 Accord Sport 2.0-Liter Turbo – Image: Honda” width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2018-Honda-Accord-Sport-red-2.0t-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2018-Honda-Accord-Sport-red-2.0t-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2018-Honda-Accord-Sport-red-2.0t-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2018-Honda-Accord-Sport-red-2.0t-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/06/2018-Honda-Accord-Sport-red-2.0t-120×80.jpg 120w, […]

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Toyota’s Trying to Remain Non-threatening in the U.S.

<img data-attachment-id="1647890" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/11/20180323_01_10_s.jpg" data-orig-size="1920,1358" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="toyota logo badge corolla hatchback" data-image-description=" Toyota ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/11/20180323_01_10_s-450×318.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/11/20180323_01_10_s-610×431.jpg” class=”aligncenter size-large wp-image-1647890″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/11/20180323_01_10_s-610×431.jpg” alt width=”610″ height=”431″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/11/20180323_01_10_s-610×431.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/11/20180323_01_10_s-75×53.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/11/20180323_01_10_s-450×318.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/11/20180323_01_10_s-768×543.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/11/20180323_01_10_s-120×85.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> While the Trump administration is carefully considering whether or not imported vehicles qualify as a threat to […]

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Renault-Nissan-Mitsubishi Alliance Seeks ‘New Start’

<img data-attachment-id="1665312" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/renault-nissan-mitsubishi-buddies.jpeg" data-orig-size="760,462" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="renault-nissan-mitsubishi buddies" data-image-description=" nissan ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/renault-nissan-mitsubishi-buddies-450×274.jpeg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/renault-nissan-mitsubishi-buddies-610×371.jpeg” class=”aligncenter size-large wp-image-1665312″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/renault-nissan-mitsubishi-buddies-610×371.jpeg” alt width=”610″ height=”371″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/renault-nissan-mitsubishi-buddies-610×371.jpeg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/renault-nissan-mitsubishi-buddies-75×46.jpeg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/renault-nissan-mitsubishi-buddies-450×274.jpeg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/renault-nissan-mitsubishi-buddies-120×73.jpeg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/renault-nissan-mitsubishi-buddies.jpeg 760w” sizes=”(max-width: 610px) 100vw, 610px”> A meeting rumored to be targeted at developing a new board to oversee the Renault-Mitsubishi-Nissan Alliance took place earlier this […]

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Practicality Will Dictate Mitsubishi’s Foreseeable Future

Mitsubishi has quite the storied history, but for car lovers things don’t really kick off until the 1970s, when the company spun off Mitsubishi Motors from its Heavy Industries division. With help from Chrysler, the Japanese company managed a foothold in North America and started escalating volume. Before long, Mitsubishi was delivering economically minded vehicles to […]

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FCA Fine Flying Solo, Equally Happy With Help

With Sergio Marchionne gone, most assumed Fiat Chrysler Automobiles would swiftly enact the late CEO’s plan to convince another automaker to partner with the company. Until recently, FCA was viewed as a dinosaur within the industry — limping along since its Fiat acquisition with a lineup of unpopular European imports and oversized American vehicles that couldn’t possibly endure […]

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Parents Are Buying Loads of Cars for Their Adult Children

It looks as though more parents are increasingly paying for the transportation needs of their (sometimes very old) children. Thanks largely to abandoning the important job of parenthood, a Bank of America survey a discovered small portion of adults between age 23 and 37 are now able to put away legitimate savings. However, the prevalence […]

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Ghosn Tries to Speak With Alliance Board Over Big Changes, Blocked by Court

Rather than focus entirely on his upcoming court case, Carlos Ghosn, the former chairman of the Renault–Nissan–Mitsubishi Alliance, attempted to gain access to a meeting at Nissan Motor Co. to explain himself to the board. Unfortunately for the fallen industry titan, the Tokyo District Court said such a meeting would violate the terms of his bail by […]

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With Ghosn Gone, Nissan CEO Allegedly Changes Mind About Retirement

Nissan’s Chief Executive Officer, Hiroto Saikawa, apparently intends to stick around a little longer than previously expected. According to unnamed Nissan staffers who spoke to Bloomberg, the CEO told executives he plans to stay at least three more years to help the automaker recover from the aftermath of the scandal involving Renault-Nissan-Mitsubishi Alliance head Carlos Ghosn — despite recently […]

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EPA: Automakers Too Reliant on Credits for Emissions Compliance

The Environmental Protection Agency released its annual assessment of new vehicles yesterday, and it was filled with good news. On average, fuel economy continues to improve. Cars are not getting heavier, horsepower keeps going up, and every major manufacturer managed was in compliance with greenhouse gas standards through the 2017 model year. However, the EPA […]

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The 2019 Geneva Motor Show Is Basically a Middle School Dance

As we get older, whole sections of our lives are mentally distilled into a handful of standout moments, accompanied by the broad strokes of shared experiences. Among them is the middle school dance, which really isn’t so much a dance as it is an opportunity for people to stand around wishing everyone would couple up […]

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White House to Automakers: Choose a Side in the Great Gas War

The Trump administration has long been at odds with California and a coalition of supportive states that hope to block the rollback of Obama-era fueling regulations the current Environmental Protection Agency deems “unsustainable.” The EPA also says it’s inconsistent with consumer behavior. But automakers have behaved somewhat erratically on the matter, forcing the president to […]

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The Cost of Future-proofing: German Auto Industry to Invest $68 Billion Into EVs, Mobility, Data Over Next Three Years

The German Association of the Automotive Industry, known in its native tongue as Verband der Automobilindustrie (VDA), says its members have formally committed themselves to investing 60 billion euros (roughly $68 billion USD) into electrification and vehicular autonomy over the next three years. The claim was made as part of a larger announcement serving as a […]

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Subaru Prepares For Largest Recall Yet

Expanding by leaps and bounds in the new millennium, Subaru effectively quadrupled its share of the U.S. market in the process. However, most of its production growth occurred in the last decade — leading to quality control problems unbefitting for a company that prides itself in sharing the same love as its customers. Recalls are to […]

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Chinese Auto Market Not As Hot As Everyone Thought

China might not be the kind of market everyone thought it was — one without a ceiling, boasting unlimited potential for growth. One by one, automakers find themselves having to confront economic reality. Despite amassing a network of factories that could theoretically outproduce the rest of the world, the Asian country’s automotive sector only operates at […]

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Report: VW to Invest $1.7 Billion Into Ford’s Autonomous Arm

It appears that a presumed rough patch in Ford and Volkswagen’s relationship is over, now that The Wall Street Journal is reporting on VW preparing a nearly $2-billion investment into the Blue Oval’s autonomous development unit, Argo AI. Earlier this month, claims arose that negotiations had reached an uncomfortable crossroad, with Volkswagen balking at Ford’s proposed […]

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Fiat Chrysler, JLR, Renault, Nissan, PSA Under Possible Antitrust Investigation

The European Commission is said to be investigating several automotive companies over possible antitrust violations relating to the sale of auto parts. According to Germany’s Der Spiegel, Renault, Nissan, PSA, Jaguar Land Rover and Fiat Chrysler Automobiles have all been placed under government scrutiny for possible price fixing. The report claims the manufacturers may have colluded to […]

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Trump to EU: Expect Auto Tariffs Without Trade Deal

Earlier this week, the European Union warned that if the United States imposes any new tariffs on European-built vehicles, it can expect similar levies on American products. However, armed with the Commerce Department’s confidential report on automotive imports, President Donald Trump doesn’t appear remotely interested in backing down. While Trump previously agreed not to impose additional […]

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Hyundai Raided in South Korea Over Theta II Engine Recall

In 2017, United States safety regulators opened a formal investigation into the recall of roughly 1.7 million vehicles built by Hyundai Motor Co and its affiliate, Kia Motor Corp, after being tipped off by a former employee. The informant claimed the automaker wasn’t handling the issue properly. That same year, South Korean civic group YMCA filed […]

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Modern Times Spell Trouble for Mom-and-pop Auto Dealers

When I was a lad, there were two family-owned and operated dealerships within walking distance of my home. Upon reaching driving age, one had already closed while the other began adding storefronts in different towns. It now has three locations, ensuring a meaty inheritance and lifelong job security for several members of my graduating class. […]

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Extreme Vitriol: Unifor Squares Off With Ontario, Receives Support From Veteran Rockstar

The Ontario government isn’t pleased with Unifor’s handling of General Motors’ decision to close Oshawa Car Assembly. Like the UAW, Canada’s autoworker union has been extremely vocal in its opposition to GM’s restructuring plan. Over the last few months Unifor members have picketed, held multiple rallies, protested the automaker during the North American International Auto Show, […]

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