The Truth About Cars » Inside The Big Three http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Wed, 10 Feb 2016 17:42:47 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. The Truth About Cars no The Truth About Cars editors@ttac.com editors@ttac.com (The Truth About Cars) 2006-2009 The Truth About Cars The Truth About Cars » Inside The Big Three http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com/category/news-blog/inside-the-big-3/ Ford Fueled Record Profits in 2015 With Truck Sales, China Surge http://www.thetruthaboutcars.com/2016/01/ford-fueled-record-profits-2015-truck-sales-china-surge/ http://www.thetruthaboutcars.com/2016/01/ford-fueled-record-profits-2015-truck-sales-china-surge/#comments Thu, 28 Jan 2016 18:00:15 +0000 http://www.thetruthaboutcars.com/?p=1274889 Ford announced Thursday that it had earned a record pre-tax profit of $10.8 billion for 2015 — including $2 billion in the fourth quarter — bolstered by pickup sales in the U.S. and strong growth in China. The record-setting year for the automaker wasn’t much of a surprise — second- and third-quarter results set records […]

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Ford announced Thursday that it had earned a record pre-tax profit of $10.8 billion for 2015 — including $2 billion in the fourth quarter — bolstered by pickup sales in the U.S. and strong growth in China. The record-setting year for the automaker wasn’t much of a surprise — second- and third-quarter results set records […]

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TTAC News Round-up: Ford Leaving Japan, Indonesia; Detroit’s Big Show; Kia Rio GT Coming? http://www.thetruthaboutcars.com/2016/01/ttac-news-round-ford-leaving-japan-indonesia-detroits-big-show-kia-rio-gt-coming/ http://www.thetruthaboutcars.com/2016/01/ttac-news-round-ford-leaving-japan-indonesia-detroits-big-show-kia-rio-gt-coming/#comments Mon, 25 Jan 2016 17:00:03 +0000 http://www.thetruthaboutcars.com/?p=1272793 The big Blue Oval is setting in the Land of the Rising Sun. That, Volkswagen’s labor boss doesn’t like what he hears, Detroit’s big show and Kia’s big plans for the Rio … after the break! Ford closing up shop in Japan, Indonesia Ford will shutter its operations and business in Japan and Indonesia by […]

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The big Blue Oval is setting in the Land of the Rising Sun. That, Volkswagen’s labor boss doesn’t like what he hears, Detroit’s big show and Kia’s big plans for the Rio … after the break! Ford closing up shop in Japan, Indonesia Ford will shutter its operations and business in Japan and Indonesia by […]

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RIP: General Motors’ Fastlane Blog 2006-2015 http://www.thetruthaboutcars.com/2016/01/rip-general-motors-fastlane-blog-2006-2015/ http://www.thetruthaboutcars.com/2016/01/rip-general-motors-fastlane-blog-2006-2015/#comments Fri, 22 Jan 2016 19:31:54 +0000 http://www.thetruthaboutcars.com/?p=1271713 General Motors quietly redirected its Fastlane Blog back to the mothership in December, signaling an end to the direct-to-C-suite “conversations” you could have with automotive executives. The blog, which once hosted Maximum Bob’s musings on life, design and resign, was held up as a paragon for corporate communication in its day (it won a Webby) […]

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General Motors quietly redirected its Fastlane Blog back to the mothership in December, signaling an end to the direct-to-C-suite “conversations” you could have with automotive executives. The blog, which once hosted Maximum Bob’s musings on life, design and resign, was held up as a paragon for corporate communication in its day (it won a Webby) […]

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TTAC News Round-up: Infamous GM Engineer Speaks, You Only Get One With Dinner, and Hydrogen’s Hedged Bet http://www.thetruthaboutcars.com/2016/01/ttac-news-round-up-infamous-gm-engineer-speaks-you-only-get-one-with-dinner-and-hydrogens-hedged-bet/ http://www.thetruthaboutcars.com/2016/01/ttac-news-round-up-infamous-gm-engineer-speaks-you-only-get-one-with-dinner-and-hydrogens-hedged-bet/#comments Sat, 16 Jan 2016 16:04:45 +0000 http://www.thetruthaboutcars.com/?p=1268041 The man in the middle of GM’s faulty ignition switch has finally spoken, and the word “mistake” came up at least twice. That, does anyone have the number for Google, GM and Honda may join forces, and take a cab … after the break! Former GM engineer says ‘mistakes were made’ in faulty switch The engineer at […]

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The man in the middle of GM’s faulty ignition switch has finally spoken, and the word “mistake” came up at least twice. That, does anyone have the number for Google, GM and Honda may join forces, and take a cab … after the break! Former GM engineer says ‘mistakes were made’ in faulty switch The engineer at […]

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Report: Ford Building New Auto Plant in Mexico http://www.thetruthaboutcars.com/2016/01/report-ford-building-new-auto-plant-mexico/ http://www.thetruthaboutcars.com/2016/01/report-ford-building-new-auto-plant-mexico/#comments Fri, 15 Jan 2016 16:05:26 +0000 http://www.thetruthaboutcars.com/?p=1267609 Ford will announce plans early this year to build a new plant in Mexico, Reuters reported Thursday. The $1.5 billion plant will produce 350,000 cars annually and could eventually produce the new Focus after production of that car leaves Ford’s Wayne, Michigan plant in 2018. Ford didn’t comment on the report. Reuters said Mexican officials with knowledge of […]

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Ford will announce plans early this year to build a new plant in Mexico, Reuters reported Thursday. The $1.5 billion plant will produce 350,000 cars annually and could eventually produce the new Focus after production of that car leaves Ford’s Wayne, Michigan plant in 2018. Ford didn’t comment on the report. Reuters said Mexican officials with knowledge of […]

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GM’s Online Sales Program Isn’t Direct-sale, But It Is Pretty Clever http://www.thetruthaboutcars.com/2016/01/gms-online-sales-program-isnt-direct-sale-pretty-clever/ http://www.thetruthaboutcars.com/2016/01/gms-online-sales-program-isnt-direct-sale-pretty-clever/#comments Thu, 14 Jan 2016 21:00:29 +0000 http://www.thetruthaboutcars.com/?p=1267009 General Motors will sell highly coveted lease returns and company cars online starting next month through a program called the Factory Pre-owned Collection. The program, which we’ve covered briefly, will sell lease returns and company cars through an online portal that makes those cars available nationwide. GM said its inventory would be roughly 30,000 cars, which all […]

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General Motors will sell highly coveted lease returns and company cars online starting next month through a program called the Factory Pre-owned Collection. The program, which we’ve covered briefly, will sell lease returns and company cars through an online portal that makes those cars available nationwide. GM said its inventory would be roughly 30,000 cars, which all […]

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Dealer Accuses Fiat Chrysler of Falsifying Sales http://www.thetruthaboutcars.com/2016/01/dealer-accuses-fiat-chrysler-falsifying-sales/ http://www.thetruthaboutcars.com/2016/01/dealer-accuses-fiat-chrysler-falsifying-sales/#comments Thu, 14 Jan 2016 16:14:17 +0000 http://www.thetruthaboutcars.com/?p=1266201 An Illinois dealer said in a lawsuit filed Tuesday that Fiat Chrysler Automobiles, through its regional sales offices, was intimidating and bribing dealers to report bogus sales at the end of the month to reach inflated sales targets. Automotive News reported first on the lawsuit. The lawsuit filed by dealers of the Napleton Automotive Group accuses […]

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An Illinois dealer said in a lawsuit filed Tuesday that Fiat Chrysler Automobiles, through its regional sales offices, was intimidating and bribing dealers to report bogus sales at the end of the month to reach inflated sales targets. Automotive News reported first on the lawsuit. The lawsuit filed by dealers of the Napleton Automotive Group accuses […]

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TTAC News Round-up: Elio’s Already on Thin Ice; Magna and Getrag Seal Their Deal, No Normal Buyer http://www.thetruthaboutcars.com/2016/01/ttac-news-round-elios-already-thin-ice-magna-getrag-seal-deal-no-normal-buyer/ http://www.thetruthaboutcars.com/2016/01/ttac-news-round-elios-already-thin-ice-magna-getrag-seal-deal-no-normal-buyer/#comments Thu, 07 Jan 2016 17:00:26 +0000 http://www.thetruthaboutcars.com/?p=1259121 Regulators may rain on Elio’s parade even before they got started. That, Volvo takes a serious stab at full-size luxury conventional wisdom, the big get bigger and Ford’s hybrids only go so far … after the break! Elio may be out, before it was even in The National Highway Traffic Safety Administration is considering a […]

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Regulators may rain on Elio’s parade even before they got started. That, Volvo takes a serious stab at full-size luxury conventional wisdom, the big get bigger and Ford’s hybrids only go so far … after the break! Elio may be out, before it was even in The National Highway Traffic Safety Administration is considering a […]

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About That Google, Ford Partnership … http://www.thetruthaboutcars.com/2016/01/google-ford-partnership/ http://www.thetruthaboutcars.com/2016/01/google-ford-partnership/#comments Tue, 05 Jan 2016 18:00:41 +0000 http://www.thetruthaboutcars.com/?p=1257641 Ford CEO Mark Fields just wrapped up his Consumer Electronics Show keynote speech Tuesday morning and mentioned the word “Google” exactly zero times. Nada. Zip. Zilch. So, um, where does that leave the current planned partnership between the global automaker and Google to build self-driving cars and let them roam free at a 1,000-acre North […]

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Ford CEO Mark Fields just wrapped up his Consumer Electronics Show keynote speech Tuesday morning and mentioned the word “Google” exactly zero times. Nada. Zip. Zilch. So, um, where does that leave the current planned partnership between the global automaker and Google to build self-driving cars and let them roam free at a 1,000-acre North […]

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TTAC News Round-up: Ford’s Self-driving Herd Gets Bigger, Takata’s All Alone, VW Sends The Cavalry http://www.thetruthaboutcars.com/2016/01/ttac-news-round-fords-self-driving-herd-gets-bigger-takatas-alone-vw-sends-cavalry/ http://www.thetruthaboutcars.com/2016/01/ttac-news-round-fords-self-driving-herd-gets-bigger-takatas-alone-vw-sends-cavalry/#comments Tue, 05 Jan 2016 17:00:53 +0000 http://www.thetruthaboutcars.com/?p=1257441 It certainly sounds like Ford is close to selling a self-driving Fusion real soon. That, Matthias Müller finally comes to the U.S. to ask “You mad, bro?” Nissan has no love for Takata, and business is hot south of the border … after the break! Ford is bumping up its autonomous herd Ford will add […]

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It certainly sounds like Ford is close to selling a self-driving Fusion real soon. That, Matthias Müller finally comes to the U.S. to ask “You mad, bro?” Nissan has no love for Takata, and business is hot south of the border … after the break! Ford is bumping up its autonomous herd Ford will add […]

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Barra Named General Motors’ First Chairwoman http://www.thetruthaboutcars.com/2016/01/barra-named-general-motors-first-chairwoman/ http://www.thetruthaboutcars.com/2016/01/barra-named-general-motors-first-chairwoman/#comments Mon, 04 Jan 2016 22:30:18 +0000 http://www.thetruthaboutcars.com/?p=1256985 General Motors CEO Mary Barra will be the automaker’s first female chairwoman of their board of directors, the automaker said Monday. Barra takes over for Tim Solso, who will remain on the board. Barra took over as CEO two years ago and is GM’s first female CEO. When Barra took over as CEO in January […]

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General Motors CEO Mary Barra will be the automaker’s first female chairwoman of their board of directors, the automaker said Monday. Barra takes over for Tim Solso, who will remain on the board. Barra took over as CEO two years ago and is GM’s first female CEO. When Barra took over as CEO in January […]

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Fiat Merger Won’t Happen Under Marchionne’s Watch http://www.thetruthaboutcars.com/2016/01/fiat-merger-wont-happen-marchionnes-watch/ http://www.thetruthaboutcars.com/2016/01/fiat-merger-wont-happen-marchionnes-watch/#comments Mon, 04 Jan 2016 20:30:21 +0000 http://www.thetruthaboutcars.com/?p=1256849 Fiat Chrysler Automobiles chief Sergio Marchionne told Bloomberg on Monday that his company likely wouldn’t merge with another automaker before his tenure is up in 2018. The chief executive publicly courted General Motors in 2015 to merge two of the Big Three. GM CEO Mary Barra publicly refuted that partnership, and Marchionne seems to have […]

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Fiat Chrysler Automobiles chief Sergio Marchionne told Bloomberg on Monday that his company likely wouldn’t merge with another automaker before his tenure is up in 2018. The chief executive publicly courted General Motors in 2015 to merge two of the Big Three. GM CEO Mary Barra publicly refuted that partnership, and Marchionne seems to have […]

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General Motors Makes $500M Bet on Lyft http://www.thetruthaboutcars.com/2016/01/general-motors-makes-500m-bet-lyft/ http://www.thetruthaboutcars.com/2016/01/general-motors-makes-500m-bet-lyft/#comments Mon, 04 Jan 2016 18:00:20 +0000 http://www.thetruthaboutcars.com/?p=1256769 General Motors announced Monday that it would invest $500 million in ride-sharing service Lyft to help boost the automaker’s business in car-sharing companies and perhaps rental cars. The automaker announced that the investment — roughly half of Lyft’s latest round of fundraising — would buy the automaker seat on the ride-sharing company’s board of directors. Lyft, […]

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General Motors announced Monday that it would invest $500 million in ride-sharing service Lyft to help boost the automaker’s business in car-sharing companies and perhaps rental cars. The automaker announced that the investment — roughly half of Lyft’s latest round of fundraising — would buy the automaker seat on the ride-sharing company’s board of directors. Lyft, […]

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TTAC News Round-up: Pumped About Porsche; GM’s Going To Trial; And Diesel’s Dead, Baby http://www.thetruthaboutcars.com/2015/12/ttac-news-round-pumped-porsche-gms-going-trial-diesels-dead-baby/ http://www.thetruthaboutcars.com/2015/12/ttac-news-round-pumped-porsche-gms-going-trial-diesels-dead-baby/#comments Thu, 31 Dec 2015 16:30:13 +0000 http://www.thetruthaboutcars.com/?p=1254377 Man, people are really pumped about the cool, expensive cars they just bought. That nugget of wisdom, Russia’s perpetual Cash for Clunkers program, VW’s appeal to Colorado and Washington buyers and GM’s knows what way the wind is blowing now … after the break! Consumer Reports insight: People love fun cars! Consumer Reports compiled its […]

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Man, people are really pumped about the cool, expensive cars they just bought. That nugget of wisdom, Russia’s perpetual Cash for Clunkers program, VW’s appeal to Colorado and Washington buyers and GM’s knows what way the wind is blowing now … after the break! Consumer Reports insight: People love fun cars! Consumer Reports compiled its […]

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Report: Ford, Regulators Aware of Power Steering Issues, Still No Recall http://www.thetruthaboutcars.com/2015/12/report-ford-regulators-aware-power-steering-issues-still-no-recall/ http://www.thetruthaboutcars.com/2015/12/report-ford-regulators-aware-power-steering-issues-still-no-recall/#comments Tue, 29 Dec 2015 20:20:30 +0000 http://www.thetruthaboutcars.com/?p=1252385 The New York Times reported that federal regulators have received about 150 complaints over four years about power steering failures in the 2012 model year Ford Focus, including 124 crashes with injuries, with no recourse. One crash reportedly killed an 89-year-old New Jersey woman, although federal investigators concluded, “a steering failure is most likely not […]

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The New York Times reported that federal regulators have received about 150 complaints over four years about power steering failures in the 2012 model year Ford Focus, including 124 crashes with injuries, with no recourse. One crash reportedly killed an 89-year-old New Jersey woman, although federal investigators concluded, “a steering failure is most likely not […]

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Report: Jeep Increased Fleet Sales More Than 50 Percent From 2014 http://www.thetruthaboutcars.com/2015/12/report-jeep-increased-fleet-sales-50-percent-2014/ http://www.thetruthaboutcars.com/2015/12/report-jeep-increased-fleet-sales-50-percent-2014/#comments Tue, 29 Dec 2015 18:00:57 +0000 http://www.thetruthaboutcars.com/?p=1251625 The Wall Street Journal reported that Jeep’s remarkable sales pace may be fueled in part by a significant increase in fleet sales through the first 10 months of this year. According to the newspaper, which cited R.L. Polk’s sales figures, Jeep through October increased its deliveries to rental companies by 57 percent compared to the […]

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The Wall Street Journal reported that Jeep’s remarkable sales pace may be fueled in part by a significant increase in fleet sales through the first 10 months of this year. According to the newspaper, which cited R.L. Polk’s sales figures, Jeep through October increased its deliveries to rental companies by 57 percent compared to the […]

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Ford, Google Plan Autonomous Driving Venture Together http://www.thetruthaboutcars.com/2015/12/ford-google-plan-autonomous-driving-venture-together/ http://www.thetruthaboutcars.com/2015/12/ford-google-plan-autonomous-driving-venture-together/#comments Tue, 22 Dec 2015 21:00:15 +0000 http://www.thetruthaboutcars.com/?p=1248833 The fine, fine reporters at Yahoo Autos have learned that Ford and Google will announce next month a joint project to build self-driving cars. According to the report, Google and Ford would spin off a separate company for the project, and Google would still shop around its technology to other automakers. Both Ford and Google wouldn’t […]

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The fine, fine reporters at Yahoo Autos have learned that Ford and Google will announce next month a joint project to build self-driving cars. According to the report, Google and Ford would spin off a separate company for the project, and Google would still shop around its technology to other automakers. Both Ford and Google wouldn’t […]

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Corvette ‘E-Ray’ Trademark Has a Powertrain Patent Too http://www.thetruthaboutcars.com/2015/12/corvette-e-ray-trademark-has-a-powertrain-patent-too/ http://www.thetruthaboutcars.com/2015/12/corvette-e-ray-trademark-has-a-powertrain-patent-too/#comments Mon, 21 Dec 2015 22:00:27 +0000 http://www.thetruthaboutcars.com/?p=1248377 The fine, fine folks over at Car & Driver spotted a trademark filing made by General Motors for “Corvette E-Ray,” which probably means they’re going to ruin the Corvette soon. The trademark filing was made on Dec. 16, according to the U.S. Patent and Trademark Office, about three weeks after General Motors applied for a […]

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The fine, fine folks over at Car & Driver spotted a trademark filing made by General Motors for “Corvette E-Ray,” which probably means they’re going to ruin the Corvette soon. The trademark filing was made on Dec. 16, according to the U.S. Patent and Trademark Office, about three weeks after General Motors applied for a […]

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Ford CEO Mark Fields: Hybrid F-150 Will Be Here By 2020 http://www.thetruthaboutcars.com/2015/12/ford-ceo-mark-fields-hybrid-f-150-will-2020/ http://www.thetruthaboutcars.com/2015/12/ford-ceo-mark-fields-hybrid-f-150-will-2020/#comments Wed, 16 Dec 2015 21:00:22 +0000 http://www.thetruthaboutcars.com/?p=1243681 Ford will have a rear-wheel drive, hybrid F-150 truck by the end of the decade, Ford CEO Mark Fields told NPR on Tuesday. “Well, we do have plans to have a rear-wheel drive hybrid truck but the end of the decade. So yes, we’re working on electrified F-series, and it’s really around a conventional hybrid,” Fields […]

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Ford will have a rear-wheel drive, hybrid F-150 truck by the end of the decade, Ford CEO Mark Fields told NPR on Tuesday. “Well, we do have plans to have a rear-wheel drive hybrid truck but the end of the decade. So yes, we’re working on electrified F-series, and it’s really around a conventional hybrid,” Fields […]

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‘New GM’ is Paying ‘Old GM’ Claims, Even Though They May Not Have To http://www.thetruthaboutcars.com/2015/12/new-gm-paying-old-gm-claims-even-though-may-not/ http://www.thetruthaboutcars.com/2015/12/new-gm-paying-old-gm-claims-even-though-may-not/#comments Mon, 14 Dec 2015 22:00:39 +0000 http://www.thetruthaboutcars.com/?p=1242145 General Motors victims compensation fund is paying for injury claims older than the company’s 2009 bankruptcy and, in some cases, for injuries sustained by drivers who were drunk or weren’t wearing their seatbelts, according to the New York Times. The newspaper reported the findings by attorney Kenneth Feinberg, who was hired by the automaker to […]

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General Motors victims compensation fund is paying for injury claims older than the company’s 2009 bankruptcy and, in some cases, for injuries sustained by drivers who were drunk or weren’t wearing their seatbelts, according to the New York Times. The newspaper reported the findings by attorney Kenneth Feinberg, who was hired by the automaker to […]

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Weekend News Roundup: Leaf Sprouted? Volkswagen and North Korea; Fancy Fiskers http://www.thetruthaboutcars.com/2015/12/weekend-news-roundup-leaf-sprouted-volkswagen-north-korea-fancy-fiskers/ http://www.thetruthaboutcars.com/2015/12/weekend-news-roundup-leaf-sprouted-volkswagen-north-korea-fancy-fiskers/#comments Mon, 14 Dec 2015 17:00:42 +0000 http://www.thetruthaboutcars.com/?p=1241945 Here’s some of the news you may have missed if you were out fighting the holiday crowds and spreading some of that Yuletide cheer by burning the hell out of some cookies you were planning on giving the neighbors. Nissan May Bring a Range Extended-EV to Market in 2016 A la BMW i3, Nissan is prepping for […]

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Here’s some of the news you may have missed if you were out fighting the holiday crowds and spreading some of that Yuletide cheer by burning the hell out of some cookies you were planning on giving the neighbors. Nissan May Bring a Range Extended-EV to Market in 2016 A la BMW i3, Nissan is prepping for […]

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Feds To Fine Fiat Chrysler Automobiles $70M For Under-reporting Death, Injuries http://www.thetruthaboutcars.com/2015/12/feds-fine-fiat-chrysler-automobiles-70m-reporting-death-injuries/ http://www.thetruthaboutcars.com/2015/12/feds-fine-fiat-chrysler-automobiles-70m-reporting-death-injuries/#comments Thu, 10 Dec 2015 19:00:16 +0000 http://www.thetruthaboutcars.com/?p=1239441 Federal regulators Thursday fined Fiat Chrysler Automobiles $70 million for under-reporting death and injury claims from vehicles as far back as 2003, officials announced in a statement. The fine is related to a September announcement from the automaker to the Transportation Department that the automaker had violated terms of the Transportation Recall Enhancement, Accountability and Documentation […]

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Federal regulators Thursday fined Fiat Chrysler Automobiles $70 million for under-reporting death and injury claims from vehicles as far back as 2003, officials announced in a statement. The fine is related to a September announcement from the automaker to the Transportation Department that the automaker had violated terms of the Transportation Recall Enhancement, Accountability and Documentation […]

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General Motors Filed a Patent Application for a Navigation System That Knows When You Hate It http://www.thetruthaboutcars.com/2015/12/general-motors-filed-patent-application-navigation-system-knows-hate/ http://www.thetruthaboutcars.com/2015/12/general-motors-filed-patent-application-navigation-system-knows-hate/#comments Tue, 08 Dec 2015 15:05:22 +0000 http://www.thetruthaboutcars.com/?p=1237833 General Motors this month filed a patent application for a navigation system that can gauge how effective it is in frustrating guiding drivers based on their eye movements and how well those drivers follow directions. The patent application filed Dec. 3 details a navigation system that watches “visual focus, the driver vocalizations and the driver emotions, along with vehicle system […]

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General Motors this month filed a patent application for a navigation system that can gauge how effective it is in frustrating guiding drivers based on their eye movements and how well those drivers follow directions. The patent application filed Dec. 3 details a navigation system that watches “visual focus, the driver vocalizations and the driver emotions, along with vehicle system […]

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Fiat Chrysler Not Planning Hostile Takeover of General Motors Because of Course They Can’t http://www.thetruthaboutcars.com/2015/12/fiat-chrysler-not-planning-hostile-takeover-general-motors-course-cant/ http://www.thetruthaboutcars.com/2015/12/fiat-chrysler-not-planning-hostile-takeover-general-motors-course-cant/#comments Thu, 03 Dec 2015 19:00:29 +0000 http://www.thetruthaboutcars.com/?p=1234849 Fiat Chrysler Automobiles won’t attempt to takeover General Motors anytime soon, FCA chief Sergio Marchionne told investors Thursday according to Reuters. Speaking following a shareholder meeting, Marchionne said that finding a partner for FCA wasn’t “life or death” for the automaker group. Reportedly, FCA will delay launching several of their cars — including the Alfa Romeo […]

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Fiat Chrysler Automobiles won’t attempt to takeover General Motors anytime soon, FCA chief Sergio Marchionne told investors Thursday according to Reuters. Speaking following a shareholder meeting, Marchionne said that finding a partner for FCA wasn’t “life or death” for the automaker group. Reportedly, FCA will delay launching several of their cars — including the Alfa Romeo […]

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Ford Softens Labor Impact Under New Agreement http://www.thetruthaboutcars.com/2015/11/ford-softens-labor-impact-new-agreement/ http://www.thetruthaboutcars.com/2015/11/ford-softens-labor-impact-new-agreement/#comments Mon, 30 Nov 2015 17:00:53 +0000 http://www.thetruthaboutcars.com/?p=1231937 Ford will pay only 1.5-percent more in labor costs each year under a new contract with the United Auto Workers, the automaker reported Monday. Ford announced it would take a $600 million charge this year to pay out the $10,000 ratification bonuses to their workers as part of the new deal. The new deal allows […]

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Ford will pay only 1.5-percent more in labor costs each year under a new contract with the United Auto Workers, the automaker reported Monday. Ford announced it would take a $600 million charge this year to pay out the $10,000 ratification bonuses to their workers as part of the new deal. The new deal allows […]

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