Autos


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Automotive Politics: Saikawa Stays as Nissan’s CEO, Renault’s Next Move

Nissan’s Hiroto Saikawa appears to be staying on as CEO, despite claiming late last year that he would soon step down. While not sensational news in itself, the decision is underpinned by growing animosity between the automaker and alliance partner Renault. Back in March, the Renault-Nissan-Mitsubishi Alliance was doing damage control following the arrest of […] The post Automotive Politics: Saikawa Stays as Nissan’s CEO, Renault’s Next Move appeared first on The Truth About Cars.
Tags: Japan, France, Auto Industry, Autos, Nissan, Renault, Industry News, Carlos Ghosn, News Blog, Board of Management, Hiroto Saikawa, Renault Nissan Mitsubishi Alliance, Nissan-Renault-Mitsubishi Alliance, Jean-Dominique Senard, Automotive Politics


You Can’t Blame Volkswagen for Trying

On Tuesday, Volkswagen announced its plan to assemble 600,000 electric vehicles utilizing the brand’s MEB platform at two plants in China. The facilities, said to be located in the cities of Anting and Foshan, will help bolster EV volume after the completion of VW’s Zwickau plant in Germany — which the company previously claimed would manufacture 330,000 […] The post You Can’t Blame Volkswagen for Trying appeared first on The Truth About Cars.
Tags: Investments, China, Germany, Corporate Strategy, Industry, Vw, Electric Vehicles, Autos, Automotive Industry, Volkswagen, EVs, Industry News, Volkswagen Group, Zwickau, Herbert Diess, Foshan


Is Your City’s Transportation Network Vulnerable to a Cyberattack?

It seems like you can’t go a day without seeing another headline related to a dramatic cybersecurity breach. You may even feel desensitized to them, taking the “that will never happen to me” mentality. But the truth is, it can happen to anyone, anywhere at anytime. In fact,  there are 1.46 billion data breaches each month, on average. As the internet of things (IoT) moves from theoretical to reality, we need to think beyond virtual identity theft and shift our attention toward much larger...
Tags: Travel, Transportation, Congress, US, Los Angeles, San Francisco, Ukraine, Cybersecurity, Transit, Washington Dc, Autos, Dallas, Commuting, Pentagon, Connected Car, Department Of Homeland Security


Nissan’s Bad Year Greenlit for a Sequel

Nissan is bracing for a bad year. On Tuesday, the automaker held a press conference at its headquarters in Yokohama, Japan, to tell the world that it’s forecasting a 28-percent decline in operating profit this year. While that sounds bad, it comes on the heels of the company’s financial results for the 12-month period ending March […] The post Nissan’s Bad Year Greenlit for a Sequel appeared first on The Truth About Cars.
Tags: Industry, Autos, Nissan, Renault, Industry News, Yokohama Japan, Carlos Ghosn, News Blog, Hiroto Saikawa, Earnings Reports, Nissan-Renault-Mitsubishi Alliance, Jean-Dominique Senard


How to Recruit and Retain Better Mechanics in a Talent Drought

It’s hard enough for small and large automotive service businesses alike to attract, hire, promote, fire and enforce protocol with techs and mechanics in their shops. Whether you’re looking to hire an entry level technician or a Master Certified Automobile Technician, the complications are amplified in our current economy, where qualified candidates are harder and harder to come by and workplace “ghosting” is becoming a trend. Openbay is here to empower auto service providers with all the knowl...
Tags: Recruiting, Autos, Bmw, North America, Industry News, Marc, Richard Rawlings, Management Tips, Automotive Service, Service Provider Resources, Auto Mechanic, Zers, Automotive Technician, Automotive Service Business, Auto Shop Management Tips, Certified Automobile Technician


GM’s Cruise Sees Another Billion-dollar Investment

General Motors’ self-driving vehicle unit, Cruise, has attracted new investors and an equity infusion of $1.15 billion as it continues work on its commercial fleet of autonomous taxis. The new investment, which effectively brings the operation’s valuation to $19 billion, is primarily fronted by Baltimore-based asset management company T. Rowe Price Associates Inc. and existing partners like […] The post GM’s Cruise Sees Another Billion-dollar Investment appeared first on The Truth About Cars.
Tags: Tech, General Motors, Gm, Autos, Autonomous Vehicles, Self-driving Cars, Industry News, Avs, News Blog, Autonomous Development, Cruise AV


China’s Zotye Seeks More U.S. Dealers, Parent Company Readies More Brands for North America

Following last week’s announcement that the T600 will serve as the tip of Zotye’s spear, probing into North America, parent company HAAH Automotive Holdings dropped hints that the brand might be one of several Chinese nameplates offered in the United States. Zotye USA emerged in 2018, after HAAH signed a distributorship agreement with Zotye Automobile International Co. […] The post China’s Zotye Seeks More U.S. Dealers, Parent Company Readies More Brands for North America appeared first on The T...
Tags: China, Autos, Automotive Industry, North America, Industry News, Zotye Auto, Market Strategy, News Blog, Zotye, Chinese brands, Duke Hale, HAAH Automotive Holdings, Market Planning, Zotye USA, United States Zotye USA, HAAH


CEO of Embattled Jaguar Land Rover Explains the Road Ahead

Last week, we examined the precarious situation impacting the way Jaguar Land Rover does business. If you want the abridged version, JLR isn’t sure what to do about Brexit, overestimated the Chinese market, and is concerned with tightening emission rules in Europe. The company’s now mulling the layoff of a sizable portion of its workforce to […] The post CEO of Embattled Jaguar Land Rover Explains the Road Ahead appeared first on The Truth About Cars.
Tags: Europe, Corporate Strategy, Autos, Jaguar, Jaguar Land Rover, Automotive Industry, Land Rover, Brexit, Industry News, Tata Motors, JLR, Ralf Speth, News Blog


Tennessee Governor to Volkswagen Employees: Please, Do Not Unionize

Volkswagen’s singular U.S. plant has toyed with the idea of unionizing for the past five years. Chattanooga Operations, in Tennessee, initially seemed fine with the establishment of a German-style works council. However, while the United Auto Workers’ first attempt to seal the deal with votes failed in 2014, the union has since managed to rally more staff under […] The post Tennessee Governor to Volkswagen Employees: Please, Do Not Unionize appeared first on The Truth About Cars.
Tags: Jobs, Vw, Tennessee, Autos, Volkswagen, Chattanooga, Industry News, VW Group, Volkswagen AG, UAW, United Auto Workers, News Blog, Union News, United Automobile Workers, Unionizing, Chattanooga Operations


Yet Another Bailout for Faraday Future

Faraday Future, the contentious automotive startup that always seems to find (and then lose) sizable amounts of cash, has announced it has once again managed to secure new funding. According to its press release, Faraday says will receive $225 million in bridge financing via a funding round led by Birch Lake Associates. While the bulk of the cash […] The post Yet Another Bailout for Faraday Future appeared first on The Truth About Cars.
Tags: Startups, FF, Electric Vehicles, Autos, Capital, Automotive Industry, EVs, Faraday, Faraday Future, Industry News, News Blog, Automotive startups, Joint Partnerships, FF91, Bridge Loan, The9


Toyota Has a Big Announcement for Canada Next Week

Toyota Motor Manufacturing Canada (TMMC) plans to make a major announcement on Monday regarding its North Plant in Cambridge, Ontario. These days, such news automatically drums up concerns of layoffs and factory closures. However, Toyota’s announcement sounds as though it will be relatively positive in nature, focusing on production changes. While the corporate release gave […] The post Toyota Has a Big Announcement for Canada Next Week appeared first on The Truth About Cars.
Tags: Autos, Automotive Industry, Toyota, Industry News, Toyota Motor Corp, Cambridge Ontario, News Blog, Product Planning, Toyota Motor Manufacturing Canada, TMMC, Production Announcements, Canada Next Week, Toyota Motor Manufacturing Canada TMMC, North Plant


Get Your Business Ready for Gen Z: Millennial Auto Trends Part III

In 10 Years, Your Buyers Will Be From Gen Z. Will You Be Ready? We are all familiar with Baby Boomers, Millennials, Gen Xers and Gen Yers, but how much do we know about the latest Gen Z? The Pew Research Center began studying the largest generation, Millennials, in 2009. Ten years later, researchers saw that the Millennial classification needed a cutoff point. That’s when Generation Z entered the ring: the “just Google it”, mobile-first, true digital native generation. Until the next ge...
Tags: Google, Microsoft, America, Car Buying, Autos, Ibm, Ai, Gen Y, Honda, Pew Research Center, Boomers, Industry News, Ebay Motors, Millennial, Generation Y, Baby Boomer


‘Adulting’: How Millennials Are Shaping Auto Trends Part II

We’ve heard all the adages about millennials before. They’re entitled. They constantly need praise in order to be motivated. They whine about wanting to work remotely. They switch jobs too often. They live in their parents’ basements and can’t stand on their own two feet. Their lives take place as much online as they do in honest-to-goodness “real” life. They demand instant gratification, want everything online, and are oddly enamored with brunch. Millennials (also known as Gen Y) get a bad r...
Tags: America, Auto Industry, Millennials, Car Buying, Autos, Gen Y, Rideshare, Wall Street Journal, Trend, Ridesharing, Boomers, Gig Economy, University Of Michigan, Industry News, Gallup, Millennial


Virginia is for Lovers…and Amazon HQ2: How DC Metro Communities and Commuters are Preparing

In September 2017, major metropolitan areas began their battle to win Amazon’s bid as the next headquarters (HQ2) location. The Seattle-based online retailer that shaped the way people shop presented an opportunity for cities to rebrand themselves, and 238 US and Canadian cities , from Boston to Anchorage, responded with bids of all shapes and sizes. Applicants got creative, pulling stunts like sending a 21-foot cactus gift to the Seattle Amazon headquarters (Tucson, Arizona) and renaming th...
Tags: Amazon, Transportation, Smart City, Budget, Housing, Washington, Boston, Virginia, New York City, US, Traffic, Infrastructure, Washington Dc, Autos, Prince William, Commuting


Does the car an agent drives to a listing appointment matter?

When Courtney Clarke showed up to meet a potential client last month, the first thing she ended up talking about was her 2018 M5 BMW. The man, a mechanic, loved it.
Tags: Oregon, Listings, Marketing, Cars, Lifestyle, Radio, Agent, Louisiana, North Carolina, Illinois, Industry News, Vehicle, Select, Porche, Courtney Clarke, Listing Appointment


Nissan’s Saikawa Reportedly Approved Ghosn’s Retirement Deal; Coup Claims Emerge

The arrest of Carlos Ghosn, former head of the Renault-Nissan-Mitsubishi Alliance, seemed a rather straightforward back in November. By the time he was changing into his orange pajamas (or whatever color is most common in Japanese prisons), Nissan chief executive Hiroto Saikawa announced Ghosn had been dismissed from the company’s board. At the time, he claimed Ghosn […] The post Nissan’s Saikawa Reportedly Approved Ghosn’s Retirement Deal; Coup Claims Emerge appeared first on The Truth About Ca...
Tags: Japan, Coups, Autos, Automotive Industry, Nissan, Renault, Industry News, Ghosn, Carlos Ghosn, News Blog, Hiroto Saikawa, Renault-Nissan-Mitsubishi Alliance, Corporate Scandals


Faraday Future Getting Back Into the Game With New Chinese Partner

With Faraday Future and Evergrande Health having officially settled their bitter legal dispute late last year, the once-again independent automaker could finally get back to hunting for new investors. Despite Faraday’s entire existence being overshadowed by financial missteps and bizarre business dealings (resulting in an inability to deliver product), it’s extremely good at scrounging up funds. Breaking […] The post Faraday Future Getting Back Into the Game With New Chinese Partner appeared fir...
Tags: Startups, China, FF, Industry, Electric Vehicles, Autos, Automotive Industry, EVs, Faraday, Faraday Future, Industry News, Evergrande, News Blog, Automotive startups, Joint Partnerships, FF91


Renault Reportedly Interested in FCA; Nissan Merger Still in the Works

Renault reportedly wants to restart merger talks with Nissan next year and is even considering a follow-up marriage with another automaker — possibly Fiat Chrysler. While the Renault-Nissan-Mitsubishi Alliance’s official goals for 2019 are difficult to pin down, a memorandum of understanding was recently established to improve corporate synergy and reassure the public that members can play nice […] The post Renault Reportedly Interested in FCA; Nissan Merger Still in the Works appeared first on ...
Tags: Auto Industry, Fca, Mergers, Autos, Fiat, Automotive Industry, Nissan, Mitsubishi, Renault, Industry News, Carlos Ghosn, Fiat Chrysler Automobiles, Business Strategy, News Blog, Hiroto Saikawa, Renault-Nissan-Mitsubishi Alliance


Feds Probe UAW ‘Flower Funds’ in Broadening Corruption Case

Federal investigators are expanding their ongoing corruption investigation into the United Auto Workers and Detroit Three by taking a long look at donated money intended to buy flowers for member funerals. The concern is that the UAW’s “flower fund” may have been used as a slush fund to finance personal expenses for union officials. It wouldn’t […] The post Feds Probe UAW ‘Flower Funds’ in Broadening Corruption Case appeared first on The Truth About Cars.
Tags: News Blog, Union News, Auto Union, Bribes, Corruption, Fca, Fiat. Chrysler, Flower Funds, Ford, General Motors, GM, Industry News, Scandal, Uaw, Union Scandals, United Auto Workers


Sex, Drugs, and Electric Cars: Report Claims Elon Musk Tried to ‘Destroy’ Whistleblower, Spied on Union Meetings

A recent report from Bloomberg frames Tesla CEO Elon Musk as quite the jerk in relation to his actions toward a former employee. This worker is the whistleblower who, last year, shared internal documents that suggested the company’s Nevada Gigafactory was blowing through raw materials at an alarming rate. Martin Tripp offered up information showing Tesla […] The post Sex, Drugs, and Electric Cars: Report Claims Elon Musk Tried to ‘Destroy’ Whistleblower, Spied on Union Meetings appeared first on...
Tags: Elon Musk, Drugs, Sex, Tesla, Bloomberg, Conspiracy, Industry, Autos, Electric Cars, Scandals, Tesla Motors, Industry News, Gigafactory, News Blog, Nevada Gigafactory, Martin Tripp


Greener, but Leaner: It’s Volkswagen’s Turn to Cut Jobs

Volkswagen Group just announced a restructuring plan aimed at raising the company’s operating margin to 6 percent. Unfortunately, the strategy involves a staffing reduction of up to 7,000 individuals by 2023 — with the automaker saving an estimated 5.9 billion euros in the process. While legitimate layoffs aren’t expected to take place for at least a few […] The post Greener, but Leaner: It’s Volkswagen’s Turn to Cut Jobs appeared first on The Truth About Cars.
Tags: Layoffs, Jobs, Industry, Vw, Autos, Volkswagen, Profits, Industry News, Volkswagen Group, VW Group, Volkswagen AG, News Blog, Restructuring, Auto Jobs


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 […] The post With Ghosn Gone, Nissan CEO Allegedly Changes Mind About Retirement appeared first on ...
Tags: Bloomberg, Autos, Automotive Industry, Nissan, Renault, Industry News, Carlos Ghosn, News Blog, Hiroto Saikawa, Renault-Nissan-Mitsubishi Alliance


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 […] The post The 2019 Geneva Motor Show Is Basically a Middle School Dance appeared first on The Truth About Cars.
Tags: Auto Industry, Mergers, Autos, Automotive Industry, Geneva, Geneva Motor Show, Trade Shows, Industry News, Geneva Auto Show, Geneva International Motor Show, Alliances, News Blog, Auto Executives


Ghosn Leaves Japanese Jail in Disguise, Out on $8.9 Million Bail

Former Renault CEO Carlos Ghosn has left a Tokyo prison after posting bail to the tune of $8.9 million. His 108-day detention ended with the industry titan being escorted out out the building while wearing a disguise that entailed a cap, surgical mask, glasses, and workman’s clothes. Ghosn left the Tokyo Detention House around 4:30 […] The post Ghosn Leaves Japanese Jail in Disguise, Out on $8.9 Million Bail appeared first on The Truth About Cars.
Tags: Japan, Autos, Tokyo, Jail, Law And Order, Nissan, Renault, Industry News, Ghosn, Carlos Ghosn, News Blog, Renault-Nissan, Hot Legal Action, Tokyo Detention House


NADA 2019: Toyota Promises Dealers More Utility Vehicles, Plans to Ignore EVs

While the closing day of the 2019 National Automobile Dealers Association meetup revolved around charitable opportunities, engineering equality in the workplace, and a talk from author, pro golfer, and USAF veteran Major Dan Rooney on the merits of personal accountability, the rest of the event focused more directly on the auto industry. One of the larger […] The post NADA 2019: Toyota Promises Dealers More Utility Vehicles, Plans to Ignore EVs appeared first on The Truth About Cars.
Tags: Industry, Autos, Automotive Industry, Toyota, Usaf, Industry News, Toyota Motor Corporation, NADA, Dan Rooney, National Automobile Dealers Association, News Blog, Product Planning, Dealer News, NADA 2019


Germany Engineering Firm Pleads Guilty to Involvement in VW Emissions Scandal

IAV GmbH, the German engineering company co-owned by Volkswagen Group, plead guilty to a felony count of conspiracy in a U.S. District Court on Friday, to the surprise of absolutely no one. Last month, authorities said the firm had already agreed to a guilty plea and multi-million-dollar fine for its role in helping Volkswagen Group develop […] The post appeared first on The Truth About Cars.
Tags: Germany, Vw, Autos, Volkswagen, Audi, Industry News, Dieselgate, U S District Court, Volkswagen Group, News Blog, Diesel Emissions, Diesel Emissions Scandal, IAV, Defeat Device, Hot Legal Action, Illegal Software


CES 2019: What’s Next for Self-Driving Cars, Connected Vehicles and Vehicle Technology

Today, vehicles are evolving to be more connected and autonomous. Innovators continually develop new ideas to make transportation more convenient, efficient and eco-friendly. And CES 2019 in Las Vegas is the place to see the latest and greatest. With over 290K net square feet of vehicle-tech exhibit space, CES 2019 is your opportunity to see the self-driving cars, concept cars, connected vehicles and… flying taxis!? In fact, you can even test drive the latest vehicle technology including parkin...
Tags: Amazon, Autos, Toyota, Autonomous Vehicles, Las Vegas, Connected Cars, Self-driving Cars, Autonomous Cars, Concept Cars, Driverless Cars, Kia, Car Tech, AAA, Driverless Car, Alexa, TomTom


Tesla Leasing Partner Embroiled in Financial Trouble

Tesla’s Dallas-based leasing partner, MUSA Auto Finance, finds itself in a tough spot. Apparently, the business is having trouble keeping up with all the business the automaker is doing. Founded in 2016, MUSA joined up with Tesla in June of this year. However, it has reportedly been unable to finance new leases since October. According to […] The post Tesla Leasing Partner Embroiled in Financial Trouble appeared first on The Truth About Cars.
Tags: Tesla, Industry, Autos, Dallas, Tesla Motors, Industry News, Musa, Leasing, News Blog, Automotive Lease, MUSA Auto Finance, Tesla Leasing Partner Embroiled


Trade War Watch: China to Temporarily Suspend U.S. Auto Tariffs

China announced Friday its intent to reduce tariffs on imports of American-made cars as it tries to negotiate a trade deal with the United States. As you’ll recall, the People’s Republic imposed additional punitive tariffs on U.S. cars and auto parts earlier this year after promising it would lower the trade barriers on a global […] The post Trade War Watch: China to Temporarily Suspend U.S. Auto Tariffs appeared first on The Truth About Cars.
Tags: China, United States, Xi Jinping, Tariffs, Trade, Autos, Stocks, Automotive Industry, Donald Trump, Industry News, Share Prices, News Blog, Trade War, Trade War Watch, Temporarily Suspend U S Auto Tariffs


Ghosn Planned to Oust Nissan CEO Prior to Arrest in Japan, Sources Claim

Prior to his arrest in Japan last month over presumed financial misconduct, Carlos Ghosn was allegedly planning to remove Nissan CEO Hiroto Saikawa. The plot has certainly thickened. Ghosn, who was serving as Nissan Motor Co.’s chairman before being taken into custody, was believed to be on the cusp of an upper-level management shakeup within […] The post Ghosn Planned to Oust Nissan CEO Prior to Arrest in Japan, Sources Claim appeared first on The Truth About Cars.
Tags: Japan, Autos, Law And Order, Nissan, Mitsubishi, Renault, Industry News, Ghosn, Carlos Ghosn, Nissan Motor Co, News Blog, Hiroto Saikawa, Nissan-Renault-Mitsubishi Alliance



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