Tag: investments

Toyota Sets Aside $391 Million for Texas-made Pickups

Toyota Motor Manufacturing Texas is slated to receive a $391 million investment earmarked for streamlined pickup production. The manufacturer wants to merge the Tacoma and Tundra models onto a common platform, something we’ve mentioned in the past, and Toyota’s Tuesday announcement solidifies those rumors. The new platform is meant to make hybridization easier and provide […]

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FCA Earmarks $1.1 Billion for Alfa Crossover, Hybrid Panda

<img data-attachment-id="1666536" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/190305_Fiat_Fiat_Concept_Centoventi_1-e1562855533509.jpg" data-orig-size="1948,1298" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"LAPRESSE","camera":"","caption":"Foto LaPresse\/Marco Alpozzi \r05\/03\/2019 Ginevra (Svizzera)\rEconomia \rSalone dell'automobile di Ginevra 2019 – stand FIAT\rNella foto: \r\r\rPhoto LaPresse\/Marco Alpozzi \rMarch 05 2019 Geneve (Swiss)\rEconomy \rGenevra International Motor Show – stand FIAT\rIn the pic:","created_timestamp":"1551784352","copyright":"LaPresse","focal_length":"0","iso":"0","shutter_speed":"0","title":"Salone dell'automobile di Ginevra 2019- Stand FIAT","orientation":"0"}" data-image-title="Motor Show 2019 fiat centoventi" data-image-description=" FCA ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/190305_Fiat_Fiat_Concept_Centoventi_1-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/190305_Fiat_Fiat_Concept_Centoventi_1-610×407.jpg” class=”aligncenter […]

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QOTD: Alternative History of Avoiding Disastrous Consequences?

<img data-attachment-id="1683220" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/autowp.ru_saab_900_turbo_convertible_14.jpg" data-orig-size="2048,1536" 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="1989 Saab 900 Turbo Cabriolet" data-image-description=" saab ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/autowp.ru_saab_900_turbo_convertible_14-450×338.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/autowp.ru_saab_900_turbo_convertible_14-610×458.jpg” class=”aligncenter wp-image-1683220 size-large” src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/autowp.ru_saab_900_turbo_convertible_14-610×458.jpg” alt width=”610″ height=”458″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/autowp.ru_saab_900_turbo_convertible_14-610×458.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/autowp.ru_saab_900_turbo_convertible_14-75×56.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/autowp.ru_saab_900_turbo_convertible_14-450×338.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/autowp.ru_saab_900_turbo_convertible_14-768×576.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/autowp.ru_saab_900_turbo_convertible_14-120×90.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> Last week we played a round of Armchair Alternative History where we discussed missed opportunities in the automotive […]

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Aston Martin Has a Few Problems

<img data-attachment-id="1683252" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1048629011.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":"1"}" data-image-title="shutterstock_1048629011" data-image-description=" Sibuet Benjamin/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1048629011-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1048629011-610×407.jpg” class=”aligncenter size-large wp-image-1683252″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1048629011-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1048629011-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1048629011-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1048629011-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1048629011-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1048629011-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1048629011.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”>Keen to expand into new segments and redefine itself as an auto brand, Aston Marin is now a publicly […]

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Ford Triples Down on Mobility, Acquires Two Tech Firms

<img data-attachment-id="1497705" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/cq5dam.web_.1024.768-1-e1485355632201.jpeg" data-orig-size="1024,634" 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="Ford badge emblem logo" data-image-description=" Image: Ford Motor Co. ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/cq5dam.web_.1024.768-1-e1485355632201-450×279.jpeg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/cq5dam.web_.1024.768-1-e1485355632201-610×378.jpeg” class=”aligncenter size-large wp-image-1497705″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/cq5dam.web_.1024.768-1-e1485355632201-610×378.jpeg” alt=”Ford badge emblem logo” width=”610″ height=”378″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/cq5dam.web_.1024.768-1-e1485355632201-610×378.jpeg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/cq5dam.web_.1024.768-1-e1485355632201-75×46.jpeg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/cq5dam.web_.1024.768-1-e1485355632201-450×279.jpeg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/cq5dam.web_.1024.768-1-e1485355632201-768×476.jpeg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/cq5dam.web_.1024.768-1-e1485355632201-120×74.jpeg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2017/01/cq5dam.web_.1024.768-1-e1485355632201.jpeg 1024w” sizes=”(max-width: 610px) 100vw, 610px”> While mobility has placed the automotive industry in a state […]

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China’s BAIC Purchases Five Percent of Daimler

<img data-attachment-id="1682486" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797.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":"1"}" data-image-title="mercedes-benz logo mercedes-benz grille" data-image-description=" Franz12/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-610×407.jpg” class=”aligncenter size-large wp-image-1682486″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/07/shutterstock_1168550797.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> Beijing Automotive Group Co Ltd (BAIC) announced on Tuesday that it had purchased a 5 percent […]

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FCA Putting $788 Million Behind New 500 EV, Small Battery Platform

<img data-attachment-id="1666536" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/190305_Fiat_Fiat_Concept_Centoventi_1-e1562855533509.jpg" data-orig-size="1948,1298" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"LAPRESSE","camera":"","caption":"Foto LaPresse\/Marco Alpozzi \r05\/03\/2019 Ginevra (Svizzera)\rEconomia \rSalone dell'automobile di Ginevra 2019 – stand FIAT\rNella foto: \r\r\rPhoto LaPresse\/Marco Alpozzi \rMarch 05 2019 Geneve (Swiss)\rEconomy \rGenevra International Motor Show – stand FIAT\rIn the pic:","created_timestamp":"1551784352","copyright":"LaPresse","focal_length":"0","iso":"0","shutter_speed":"0","title":"Salone dell'automobile di Ginevra 2019- Stand FIAT","orientation":"0"}" data-image-title="Motor Show 2019 fiat centoventi" data-image-description=" FCA ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/190305_Fiat_Fiat_Concept_Centoventi_1-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/03/190305_Fiat_Fiat_Concept_Centoventi_1-610×407.jpg” class=”aligncenter […]

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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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Toyota Spending $2 Billion to Develop Electric Cars in Indonesia

<img data-attachment-id="1679528" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1186708747.jpg" data-orig-size="1000,664" 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="toyota logo badge emblem" data-image-description=" NeydtStock/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1186708747-450×299.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1186708747-610×405.jpg” class=”aligncenter size-large wp-image-1679528″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1186708747-610×405.jpg” alt width=”610″ height=”405″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1186708747-610×405.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1186708747-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1186708747-450×299.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1186708747-768×510.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1186708747-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_1186708747.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> Having recently announced plans to “popularize” battery electric vehicles, Toyota now expects half of its global […]

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GM’s First Self-driving Car May Keep Manual Controls

<img data-attachment-id="1646506" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2018/10/Cruise-AV-General-Motors-e1543532480563.png" data-orig-size="808,468" 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="Cruise AV General Motors" data-image-description=" GM ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/10/Cruise-AV-General-Motors-e1543532480563-450×261.png” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/10/Cruise-AV-General-Motors-e1543532480563-610×353.png” class=”aligncenter size-large wp-image-1646506″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/10/Cruise-AV-General-Motors-e1543532480563-610×353.png” alt width=”610″ height=”353″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2018/10/Cruise-AV-General-Motors-e1543532480563-610×353.png 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/10/Cruise-AV-General-Motors-e1543532480563-75×43.png 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/10/Cruise-AV-General-Motors-e1543532480563-450×261.png 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/10/Cruise-AV-General-Motors-e1543532480563-768×445.png 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/10/Cruise-AV-General-Motors-e1543532480563-120×70.png 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2018/10/Cruise-AV-General-Motors-e1543532480563.png 808w” sizes=”(max-width: 610px) 100vw, 610px”> This time last year, we were under the impression that General Motors’ first attempt at an […]

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Serena Williams Is the 1st Athlete to Make Forbes’ List of the World’s Richest Self-Made Women—by Investing in Herself

Screenshot: Forbes She’s got 23 Grand Slam titles, and, according to Forbes, an estimated fortune of $225 million ($29 million in the past year, alone—the highest annual income of her career)—and she didn’t make most of it on the court. Serena Williams is the first athlete to make it onto the magazine’s annual list of […]

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Serena Williams Is the First Athlete to Make Forbes’ List of the World’s Richest Self-Made Women—By Investing in Herself

Screenshot: Forbes She’s got 23 Grand Slam titles, and, according to Forbes, an estimated fortune of $225 million ($29 million in the past year alone, the highest annual income of her career)—and she didn’t make most of it on the court. Serena Williams is the first athlete to make it onto the magazine’s annual list […]

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Chamillionaire, E-40 Join Forces to Invest in Minority Startups: ‘We Have to Create More Diversity in This Industry’

Image: Jeff Christensen and Paul A. Hebert (AP Photo) While recording artist and entrepreneur Chamillionaire might be laying low these days on the Billboard charts, he’s been making plenty of noise as an angel investor. And with a portfolio that includes investments in Lyft, Ring (acquired by Amazon for $1 billion), Cruise (acquired by General […]

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General Motors Drops More Cash for Pickup Production

<img data-attachment-id="1675846" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/GM-FtWayne-Investment-01.jpg" data-orig-size="1280,851" data-comments-opened="1" data-image-meta="{"aperture":"2.2","credit":"Ryan Hake","camera":"NIKON D4","caption":"General Motors Chairman and CEO Mary Barra meets with plant employees at the GM Fort Wayne Assembly plant Thursday, May 30, 2019 before announcing the company is investing $24 million in the plant to expand production of full size Chevrolet Silverado 1500 and GMC Sierra 1500 pickups […]

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Moody’s Downgrades Nissan’s Credit Ranking; You Probably Know Why

<img data-attachment-id="1675250" data-permalink data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1223079664-1-e1558721877707.jpg" data-orig-size="950,638" 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="nissan logo emblem" data-image-description=" Memory Stockphoto/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1223079664-1-e1558721877707-450×302.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1223079664-1-e1558721877707-610×410.jpg” class=”aligncenter size-large wp-image-1675250″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1223079664-1-e1558721877707-610×410.jpg” alt width=”610″ height=”410″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1223079664-1-e1558721877707-610×410.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1223079664-1-e1558721877707-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1223079664-1-e1558721877707-450×302.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1223079664-1-e1558721877707-768×516.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1223079664-1-e1558721877707-120×81.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/05/shutterstock_1223079664-1-e1558721877707.jpg 950w” sizes=”(max-width: 610px) 100vw, 610px”> Save for one article about adorable baby ducks, we’ve dumped on Nissan all week. Circumstances being […]

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