Tag: Industry

Tesla To Start Building Its European Gigafactory Next Year

Tesla will begin the construction of its new Gigafactory in Berlin in the first quarter of 2020, according to a German official. The American EV maker has signed a declaration of intent with the German state of Brandenburg, where the new Gigafactory will be located, said Joerg Steinbach, the state’s Economics minister, according to AutoNews. […]

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Elon Musk Says Brexit Made UK “Too Risky” For Tesla’s European Gigafactory

Tesla recently announced that it will build its European Gigafactory in Germany, near Berlin’s airport, and its CEO explained why they chose that site. Speaking with Auto Express after the announcement, Elon Musk said that there was a good reason Great Britain wasn’t considered for their new plant: “Brexit [uncertainty] made it too risky to […]

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German-Made Teslas To Become A Reality As Musk Confirms Berlin-Based Gigafactory

Tesla has been very successful so far in challenging the status quo in the luxury car segment, especially after the launch of the Model 3, which has become a bestseller all over the world. Germany’s big three premium carmakers now have another reason to worry, as Tesla CEO Elon Musk has announced massive investment plans […]

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QOTD: Wondering What They Were Thinking?

<img data-attachment-id="1570922" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2017/05/ng_640.jpg" data-orig-size="640,360" 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="2008 Ford Expedition Funkmaster Flex Edition" data-image-description=" Image via eBay. ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/05/ng_640-450×253.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/05/ng_640-610×343.jpg” class=”aligncenter wp-image-1570922 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/05/ng_640-610×343.jpg” alt=”Image: Ford Expedition Funkmaster Flex Edition” width=”610″ height=”343″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/05/ng_640-610×343.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/05/ng_640-75×42.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/05/ng_640-450×253.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/05/ng_640-120×68.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/05/ng_640.jpg 640w” sizes=”(max-width: 610px) 100vw, 610px”>Bad product decisions cost auto manufacturers money, yet history provides […]

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As Honda’s CEO Pours Cold Water Over Electrics, How Are the Brand’s Dedicated Green Cars Doing?

Count Honda among the dwindling number of automakers that believe a sudden market shift to electric drive technology is little more than a pipe dream. As you read yesterday, the company’s CEO, Takahiro Hachigo, is on the record as saying, “I do not believe there will be a dramatic increase in demand for battery vehicles, and […]

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BMW, Geely Approached By Tata In Search For Jaguar Land Rover Partners

Tata Group, the owner of Jaguar Land Rover, has reportedly approached BMW and Geely as it scans the industry for potential partners of the UK car maker. The report comes from Bloomberg, which cites people familiar with the matter. Tata has been searching for partners for Jaguar Land Rover and the discussions are said to […]

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Not Black or White (but Mostly): Paint Preferences Remain Tame for 2019

<img data-attachment-id="1656832" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/01/2019-mercedes-benz-a-class-sedan-e1547745740100.jpg" data-orig-size="760,508" 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="2019 mercedes-benz a-class sedan" data-image-description=" mb ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/01/2019-mercedes-benz-a-class-sedan-e1547745740100-450×301.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/01/2019-mercedes-benz-a-class-sedan-e1547745740100-610×408.jpg” class=”aligncenter wp-image-1656832 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/01/2019-mercedes-benz-a-class-sedan-e1547745740100-610×408.jpg” alt width=”610″ height=”408″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/01/2019-mercedes-benz-a-class-sedan-e1547745740100-610×408.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/01/2019-mercedes-benz-a-class-sedan-e1547745740100-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/01/2019-mercedes-benz-a-class-sedan-e1547745740100-450×301.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/01/2019-mercedes-benz-a-class-sedan-e1547745740100-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/01/2019-mercedes-benz-a-class-sedan-e1547745740100.jpg 760w” sizes=”(max-width: 610px) 100vw, 610px”> “You can have any color you want, so long as it’s white… or silver,” General Motors not so […]

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Mercedes CEO Wants To Slash 1,100 Management Jobs, Freeze All Salaries As Part Of Cost-Cutting Program

As it grapples with recalls, costly fines over illegal diesel engine software and a slowing global market, Daimler is embarking on an austerity program that, if implemented, will see it cut 10 per cent of its management jobs (1,100 positions) and freeze its 300,000 workers’ paychecks in Germany. That’s according to German daily Süddeutsche Zeitung, […]

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Lordstown Motors Buys GM’s Ohio Plant, Wants To Build “Endurance” Electric Truck From 2020

General Motors has confirmed the sale of its shuttered Ohio plant to Lordstown Motors Corp (LMC), an electric truck startup connected to Workhorse Group. The terms of the deal were not made public, but The General seemed pleased with the arrangement. “GM is committed to future investment and job growth in Ohio and we believe […]

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Germany To Increase EV Incentives By 50 Percent

Germany is planning to boost by 50 percent the incentives available for purchasing an electric or electrified car, in a bid to accelerate the transition to cleaner vehicles. Under the name ‘Environment Bonus’, as the German government calls it, the revised subsidies will rise to as much as 6,000 euros (around $6,600 in current exchange […]

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QOTD: Automotive Facelifts Done Right?

<img data-attachment-id="1694366" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/2008-ford-taurus-x-limited-photo-36520-s-986×603-1557787014.jpg" data-orig-size="640,476" 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="2008-ford-taurus-x-limited-photo-36520-s-986×603-1557787014" data-image-description=" ford ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/2008-ford-taurus-x-limited-photo-36520-s-986×603-1557787014-450×335.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/2008-ford-taurus-x-limited-photo-36520-s-986×603-1557787014-610×454.jpg” class=”aligncenter wp-image-1694366 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/2008-ford-taurus-x-limited-photo-36520-s-986×603-1557787014-610×454.jpg” alt width=”610″ height=”454″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/2008-ford-taurus-x-limited-photo-36520-s-986×603-1557787014-610×454.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/2008-ford-taurus-x-limited-photo-36520-s-986×603-1557787014-75×56.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/2008-ford-taurus-x-limited-photo-36520-s-986×603-1557787014-450×335.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/2008-ford-taurus-x-limited-photo-36520-s-986×603-1557787014-120×89.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/10/2008-ford-taurus-x-limited-photo-36520-s-986×603-1557787014.jpg 640w” sizes=”(max-width: 610px) 100vw, 610px”> In last Wednesday’s Question of the Day post, we discussed vehicles ruined by the facelifts foisted upon them by their manufacturers. This week […]

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Trump Administration Might Not Impose Tariffs On European Car Imports After All

The Trump administration is reportedly considering not putting tariffs on vehicles imported from the EU after holding “good conversations” with European, Japanese and Korean carmakers. Back in May, the White House agreed to delay new tariffs on EU imports for six months. However, while a deal with Japan was struck last month so as to […]

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PSA Group Seen As The Buyer In Merger Of Equals With Fiat Chrysler

It’s been a day since Fiat Chrysler Automobiles and PSA Group announced their 50-50 merger, leaving enough time for markets to react and figure out who the real buyer is. FCA’s shares jumped in value by 10 percent following the official announcement, while PSA’s shares dropped by about the same amount, which is the typical […]

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