The Truth About Cars » Acquisitions http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Sat, 13 Feb 2016 15:37:53 +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 » Acquisitions http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com Volvo Could Be Buying Polestar To Exit Motorsport http://www.thetruthaboutcars.com/2015/07/volvo-buying-polestar-exit-motorsport/ http://www.thetruthaboutcars.com/2015/07/volvo-buying-polestar-exit-motorsport/#comments Tue, 14 Jul 2015 16:00:22 +0000 http://www.thetruthaboutcars.com/?p=1115153 The fraternity of automotive journalism was atwitter when blue Polestar Volvos arrived at the Chicago auto show last year. While the cars delivered increased performance and looks to match, Polestar also gave the high-performance Swedish offerings credibility with racing programs in Scandinavia (STCC) and Australia (V8 Supercars). It’s no secret, though, that Volvo’s marketing head, Alain Visser, sees […]

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The fraternity of automotive journalism was atwitter when blue Polestar Volvos arrived at the Chicago auto show last year. While the cars delivered increased performance and looks to match, Polestar also gave the high-performance Swedish offerings credibility with racing programs in Scandinavia (STCC) and Australia (V8 Supercars). It’s no secret, though, that Volvo’s marketing head, Alain Visser, sees […]

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Samsung SDI Buys Battery-Pack Business From Magna http://www.thetruthaboutcars.com/2015/02/samsung-sdi-buys-battery-pack-business-magna/ http://www.thetruthaboutcars.com/2015/02/samsung-sdi-buys-battery-pack-business-magna/#comments Wed, 25 Feb 2015 14:00:04 +0000 http://www.thetruthaboutcars.com/?p=1007818 Digging further into the auto-parts game, Samsung SDI announced it would buy Magna International’s battery-pack business. Reuters reports the subsidiary of the South Korean chaebol, which makes packs for the BMW i3 and i8, is bringing the entirety of Magna subsidiary Magna Steyr’s battery-pack production unit into the fold, including all 264 employees, and production […]

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Digging further into the auto-parts game, Samsung SDI announced it would buy Magna International’s battery-pack business. Reuters reports the subsidiary of the South Korean chaebol, which makes packs for the BMW i3 and i8, is bringing the entirety of Magna subsidiary Magna Steyr’s battery-pack production unit into the fold, including all 264 employees, and production […]

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BAIC Seeks To Acquire US, European Brand http://www.thetruthaboutcars.com/2014/04/baic-seeks-to-acquire-us-european-brand/ http://www.thetruthaboutcars.com/2014/04/baic-seeks-to-acquire-us-european-brand/#comments Fri, 04 Apr 2014 11:05:24 +0000 http://www.thetruthaboutcars.com/?p=787601 Looking to expand its global presence beyond its native China, Beijing Automotive Group announced they would like to acquire a “mid to high-level brand” in either Europe or the United States, and already has a list of potential brands in mind. Reuters reports BAIC originally looked towards Europe for their potential acquisition, but has now […]

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Looking to expand its global presence beyond its native China, Beijing Automotive Group announced they would like to acquire a “mid to high-level brand” in either Europe or the United States, and already has a list of potential brands in mind. Reuters reports BAIC originally looked towards Europe for their potential acquisition, but has now […]

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Analyst: GM to Own Tesla in 2014 http://www.thetruthaboutcars.com/2013/12/analyst-gm-to-own-tesla-in-2014/ http://www.thetruthaboutcars.com/2013/12/analyst-gm-to-own-tesla-in-2014/#comments Sun, 29 Dec 2013 15:56:14 +0000 http://www.thetruthaboutcars.com/?p=688698 While one analyst implored Apple to go into the automotive industry by purchasing Tesla Motors to the bemusement of all, another analyst is suggesting that General Motors may be the one to pull the trigger in the coming year. Yra Harris, a veteran trader with Praxis Trading, told CNBC earlier this week that Tesla’s brand […]

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While one analyst implored Apple to go into the automotive industry by purchasing Tesla Motors to the bemusement of all, another analyst is suggesting that General Motors may be the one to pull the trigger in the coming year. Yra Harris, a veteran trader with Praxis Trading, told CNBC earlier this week that Tesla’s brand […]

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Former Apple VP To Aid Vehicle Development At Tesla http://www.thetruthaboutcars.com/2013/10/former-apple-vp-to-aid-vehicle-development-at-tesla/ http://www.thetruthaboutcars.com/2013/10/former-apple-vp-to-aid-vehicle-development-at-tesla/#comments Fri, 25 Oct 2013 14:16:44 +0000 http://www.thetruthaboutcars.com/?p=634481 It seems as of late that Tesla is becoming to cars what Apple already is to computing, smartphones, digital music players and tablets. Thus, it should be as no surprise that the automaker has brought aboard former Apple vice president of Mac hardware engineering Doug Field to help them develop “insanely great” new vehicles. “Doug […]

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It seems as of late that Tesla is becoming to cars what Apple already is to computing, smartphones, digital music players and tablets. Thus, it should be as no surprise that the automaker has brought aboard former Apple vice president of Mac hardware engineering Doug Field to help them develop “insanely great” new vehicles. “Doug […]

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Piëch: Stop Me, I’m Full http://www.thetruthaboutcars.com/2011/09/piech-stop-me-im-full/ http://www.thetruthaboutcars.com/2011/09/piech-stop-me-im-full/#comments Wed, 14 Sep 2011 16:51:46 +0000 http://www.thetruthaboutcars.com/?p=411243 Volkswagen will almost certainly finish the year as the second-largest automaker by volume… and if it wants to take the top spot, it will do so on sales, not acquisitions. Having gobbled an extraordinary number of acquisitions over the past several decades, including Bentley, Lamborghini, Bugatti, Italdesign and Karmann, VW’s monstrous appetite appears to be […]

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Volkswagen will almost certainly finish the year as the second-largest automaker by volume… and if it wants to take the top spot, it will do so on sales, not acquisitions. Having gobbled an extraordinary number of acquisitions over the past several decades, including Bentley, Lamborghini, Bugatti, Italdesign and Karmann, VW’s monstrous appetite appears to be […]

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