Tag: Industry News

Why Is Nio Struggling?

<img data-attachment-id="1684954" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/Nio-display–e1565894615909.jpg" data-orig-size="1732,1017" 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="Nio display" data-image-description=" NIO ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/Nio-display–e1565894615909-450×264.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/Nio-display–e1565894615909-610×358.jpg” class=”aligncenter size-large wp-image-1684954″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/Nio-display–e1565894615909-610×358.jpg” alt width=”610″ height=”358″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/Nio-display–e1565894615909-610×358.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/Nio-display–e1565894615909-75×44.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/Nio-display–e1565894615909-450×264.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/Nio-display–e1565894615909-768×451.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/Nio-display–e1565894615909-120×70.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> Nio, one of China’s biggest EV startups, is confronting difficult times, though the primary reasons for its plight are less […]

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Ford and GM Prep for Economic Hardship

<img data-attachment-id="1684824" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377.jpg" data-orig-size="1000,600" 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":"1"}" data-image-title="ford mustang chevrolet camaro" data-image-description=" Sergey Akhrameev/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-450×270.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-610×366.jpg” class=”aligncenter size-large wp-image-1684824″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-610×366.jpg” alt width=”610″ height=”366″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-610×366.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-75×45.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-450×270.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-768×461.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377-120×72.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/08/shutterstock_1405170377.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> With another global recession looming on the horizon, executives at General Motors and Ford are […]

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The Hunt For BMW’s New CEO Begins

<img data-attachment-id="1681946" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_530311651.jpg" data-orig-size="1000,667" 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="BMW Logo" data-image-description=" Cineberg/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_530311651-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_530311651-610×407.jpg” class=”aligncenter size-large wp-image-1681946″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_530311651-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_530311651-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_530311651-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_530311651-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_530311651-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_530311651-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_530311651.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> With Harald Krüger out, BMW needs a new CEO — one that can effectively transition the company into becoming and […]

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Tesla Memo Suggest Production Boost Incoming

<img data-attachment-id="1680852" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_489388897.jpg" data-orig-size="1000,667" 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="tesla" data-image-description=" Nadezda Murmakova/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_489388897-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_489388897-610×407.jpg” class=”aligncenter size-large wp-image-1680852″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_489388897-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_489388897-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_489388897-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_489388897-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_489388897-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_489388897-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_489388897.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> After posting a stinker of a first quarter, Tesla entered into a training montage and managed record-setting production […]

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Toyota Building New SUV in Alabama, Not the Corolla

<img data-attachment-id="1671646" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/20190410_01_57_s.jpg" data-orig-size="1920,1280" 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 rav4" data-image-description=" toyota ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/20190410_01_57_s-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/20190410_01_57_s-610×407.jpg” class=”aligncenter size-large wp-image-1671646″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/20190410_01_57_s-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/20190410_01_57_s-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/20190410_01_57_s-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/20190410_01_57_s-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/20190410_01_57_s-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/04/20190410_01_57_s-120×80.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> Toyota Motor Corp announced on Wednesday it would be building a new sport utility vehicle at its $1.6 billion joint […]

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Europe Wants to Compete With China’s Battery Production, Eventually

<img data-attachment-id="1680516" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_548313280.jpg" data-orig-size="1000,667" 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="EV charging station streetside europe" data-image-description=" Guteksk7/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_548313280-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_548313280-610×407.jpg” class=”aligncenter size-large wp-image-1680516″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_548313280-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_548313280-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_548313280-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_548313280-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_548313280-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_548313280-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_548313280.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> Wary that China might have the battery market totally cornered by the time electric vehicles […]

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Nissan Reforms Pass, Saikawa Reappointed as CEO

<img data-attachment-id="1679096" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045.jpg" data-orig-size="1000,597" 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="nissan logo nissan sign dealership" data-image-description=" FotograFFF/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-450×269.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-610×364.jpg” class=”aligncenter size-large wp-image-1679096″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-610×364.jpg” alt width=”610″ height=”364″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-610×364.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-75×45.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-450×269.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-768×458.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045-120×72.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_379189045.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> Nissan’s planned corporate governance reforms were teetering on the brink of disaster after alliance partner […]

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Bloated Auto Inventories Deflate Slightly

<img data-attachment-id="1677910" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1169753959.jpg" data-orig-size="1000,668" 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":"1"}" data-image-title="dealer lot inventory lot" data-image-description=" Bell Ka Pang/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1169753959-450×301.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1169753959-610×407.jpg” class=”aligncenter size-large wp-image-1677910″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1169753959-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1169753959-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1169753959-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1169753959-450×301.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1169753959-768×513.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1169753959-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1169753959.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> Due to weakening new-vehicle sales, the United States was staring down the barrel of near-record […]

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Proxy Advisers Tell Nissan Shareholders to Vote Against CEO’s Reappointment

Two proxy advisory firms have reportedly encouraged shareholders to vote against reappointing Hiroto Saikawa as Nissan’s chief executive. While it’s relatively uncommon to see voting research providers issue such an overt recommendation, it’s not unheard of. Institutional Shareholder Services (ISS) suggested shareholders vote against Saikawa at Nissan’s annual general meeting later this month, citing his closeness to […]

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Renault Taking Time to Consider FCA Merger Proposal

<img data-attachment-id="1676412" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_762655789.jpg" data-orig-size="1000,667" 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 logo" data-image-description=" Jevanto Productions/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_762655789-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_762655789-610×407.jpg” class=”aligncenter size-large wp-image-1676412″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_762655789-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_762655789-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_762655789-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_762655789-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_762655789-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_762655789-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_762655789.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> As perviously reported, Fiat Chrysler is currently hard at work, hoping to impress Renault to a point […]

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Infiniti Moves Back to Japan

<img data-attachment-id="1675640" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_527067172.jpg" data-orig-size="1000,665" 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="infiniti logo" data-image-description=" Kazick/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_527067172-450×299.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_527067172-610×406.jpg” class=”aligncenter size-large wp-image-1675640″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_527067172-610×406.jpg” alt width=”610″ height=”406″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_527067172-610×406.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_527067172-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_527067172-450×299.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_527067172-768×511.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_527067172-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_527067172.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”>Nissan Motor Co’s premium brand, Infiniti, will relocate back to Japan as part of the automaker’s commitment to restructuring […]

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