The Truth About Cars » Investment http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Sat, 30 Apr 2016 15:15:06 +0000 en-US hourly 1 http://wordpress.org/?v=4.2.4 Old Porsches: Good For Investors, Probably Bad For Drivers http://www.thetruthaboutcars.com/2015/12/old-porsches-good-investors-probably-bad-drivers/ http://www.thetruthaboutcars.com/2015/12/old-porsches-good-investors-probably-bad-drivers/#comments Sat, 26 Dec 2015 17:00:31 +0000 http://www.thetruthaboutcars.com/?p=1249785 Looking for a place to park that retirement cash? Find a Porsche crest. Last year, the average sale price for 1974-1977 Porsches increased by 154 percent, according to Bloomberg — and the prices aren’t expected to drop anytime soon, according to the report. “European sports cars in general have been on a real rise in the last […]

The post Old Porsches: Good For Investors, Probably Bad For Drivers appeared first on The Truth About Cars.

]]>
Looking for a place to park that retirement cash? Find a Porsche crest. Last year, the average sale price for 1974-1977 Porsches increased by 154 percent, according to Bloomberg — and the prices aren’t expected to drop anytime soon, according to the report. “European sports cars in general have been on a real rise in the last […]

The post Old Porsches: Good For Investors, Probably Bad For Drivers appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2015/12/old-porsches-good-investors-probably-bad-drivers/feed/ 41
Volkswagen’s Woes Mount, Fraud Office Investigating Misuse of Money http://www.thetruthaboutcars.com/2015/12/volkswagens-woes-mount-fraud-office-investigating-misuse-money/ http://www.thetruthaboutcars.com/2015/12/volkswagens-woes-mount-fraud-office-investigating-misuse-money/#comments Wed, 16 Dec 2015 18:00:00 +0000 http://www.thetruthaboutcars.com/?p=1243641 The European Union’s anti-fraud office is investigating Volkswagen for misusing publicly funded loans to develop illegally cheating software in its cars, the New York Times reported Wednesday. Volkswagen was provided the low-interest loans by the European Investment Bank to develop engines that were more fuel-efficient and produce less carbon dioxide, according to the report. In […]

The post Volkswagen’s Woes Mount, Fraud Office Investigating Misuse of Money appeared first on The Truth About Cars.

]]>
The European Union’s anti-fraud office is investigating Volkswagen for misusing publicly funded loans to develop illegally cheating software in its cars, the New York Times reported Wednesday. Volkswagen was provided the low-interest loans by the European Investment Bank to develop engines that were more fuel-efficient and produce less carbon dioxide, according to the report. In […]

The post Volkswagen’s Woes Mount, Fraud Office Investigating Misuse of Money appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2015/12/volkswagens-woes-mount-fraud-office-investigating-misuse-money/feed/ 12
Toyota Launches AI Efforts With $1 Billion Investment http://www.thetruthaboutcars.com/2015/11/toyota-launches-ai-efforts-with-1-billion-investment/ http://www.thetruthaboutcars.com/2015/11/toyota-launches-ai-efforts-with-1-billion-investment/#comments Fri, 06 Nov 2015 13:40:49 +0000 http://www.thetruthaboutcars.com/?p=1213153 Toyota will open a new artificial and robotics R&D company to be called Toyota Research Institute, Inc. (TRI) with an initial investment of $1 billion to open two locations in the United States, the automaker announced Friday. TRI, which will make its headquarters in Palo Alto, California and establish another office in Cambridge, Massachusetts near […]

The post Toyota Launches AI Efforts With $1 Billion Investment appeared first on The Truth About Cars.

]]>
Toyota will open a new artificial and robotics R&D company to be called Toyota Research Institute, Inc. (TRI) with an initial investment of $1 billion to open two locations in the United States, the automaker announced Friday. TRI, which will make its headquarters in Palo Alto, California and establish another office in Cambridge, Massachusetts near […]

The post Toyota Launches AI Efforts With $1 Billion Investment appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2015/11/toyota-launches-ai-efforts-with-1-billion-investment/feed/ 10
Should Americans Fund Fracking? http://www.thetruthaboutcars.com/2015/11/hammer-time-americans-fund-fracking/ http://www.thetruthaboutcars.com/2015/11/hammer-time-americans-fund-fracking/#comments Thu, 05 Nov 2015 13:00:08 +0000 http://www.thetruthaboutcars.com/?p=1202257 Imagine growing up in the modern day world and having no future. No education. No upward mobility. No right to pursue a better life beyond just a few crumbs of financial sustenance. This is the reality in most Arab countries and former Soviet republics. It’s a world where opportunities are almost non-existent and certain cliques […]

The post Should Americans Fund Fracking? appeared first on The Truth About Cars.

]]>
Imagine growing up in the modern day world and having no future. No education. No upward mobility. No right to pursue a better life beyond just a few crumbs of financial sustenance. This is the reality in most Arab countries and former Soviet republics. It’s a world where opportunities are almost non-existent and certain cliques […]

The post Should Americans Fund Fracking? appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2015/11/hammer-time-americans-fund-fracking/feed/ 170
Equinox Gives Oshawa Consolidated Line Extended Life http://www.thetruthaboutcars.com/2015/08/equinox-gives-oshawa-consolidated-line-extended-life/ http://www.thetruthaboutcars.com/2015/08/equinox-gives-oshawa-consolidated-line-extended-life/#comments Wed, 19 Aug 2015 20:21:42 +0000 http://www.thetruthaboutcars.com/?p=1145993 GM Canada announced Wednesday it will make a small investment in Oshawa Assembly’s Consolidated Line thanks to increased demand of the Chevrolet Equinox. “It’s a modest investment in terms of its size, but it increases the volume of stamping we do at CAMI to increase the run. (The increased stamping) will then boost Equinox production in Oshawa,” GM Canada’s VP of […]

The post Equinox Gives Oshawa Consolidated Line Extended Life appeared first on The Truth About Cars.

]]>
GM Canada announced Wednesday it will make a small investment in Oshawa Assembly’s Consolidated Line thanks to increased demand of the Chevrolet Equinox. “It’s a modest investment in terms of its size, but it increases the volume of stamping we do at CAMI to increase the run. (The increased stamping) will then boost Equinox production in Oshawa,” GM Canada’s VP of […]

The post Equinox Gives Oshawa Consolidated Line Extended Life appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2015/08/equinox-gives-oshawa-consolidated-line-extended-life/feed/ 14
GM Investing $877M into Flint Pickup Plant http://www.thetruthaboutcars.com/2015/08/gm-investing-877m-into-flint-pickup-plant/ http://www.thetruthaboutcars.com/2015/08/gm-investing-877m-into-flint-pickup-plant/#comments Tue, 04 Aug 2015 16:00:26 +0000 http://www.thetruthaboutcars.com/?p=1133409 General Motors will spend $877 million to upgrade its Flint, Michigan pickup plant, the automaker announced Tuesday. The assembly plant, which is the oldest GM factory in North America, will get a new body shop as part of the investment along with general improvements. The plant makes full-size trucks for GM, including heavy duty versions. […]

The post GM Investing $877M into Flint Pickup Plant appeared first on The Truth About Cars.

]]>
General Motors will spend $877 million to upgrade its Flint, Michigan pickup plant, the automaker announced Tuesday. The assembly plant, which is the oldest GM factory in North America, will get a new body shop as part of the investment along with general improvements. The plant makes full-size trucks for GM, including heavy duty versions. […]

The post GM Investing $877M into Flint Pickup Plant appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2015/08/gm-investing-877m-into-flint-pickup-plant/feed/ 13
Jeep Points to Map of India, Says Let’s Print More Money Here http://www.thetruthaboutcars.com/2015/07/jeep-points-to-map-of-india-says-lets-print-more-money-here/ http://www.thetruthaboutcars.com/2015/07/jeep-points-to-map-of-india-says-lets-print-more-money-here/#comments Wed, 01 Jul 2015 19:00:11 +0000 http://www.thetruthaboutcars.com/?p=1104881 More and more automakers are looking at exotic locales to produce their wares (us Canadians can consider Mexico exotic thanks to its ice-free beaches) as they expand their brands and explore in-roads to untapped markets. For Jeep, that means investing in a shared money-printing press with an unlikely partner: Tata, the parent company of Land Rover. FCA […]

The post Jeep Points to Map of India, Says Let’s Print More Money Here appeared first on The Truth About Cars.

]]>
More and more automakers are looking at exotic locales to produce their wares (us Canadians can consider Mexico exotic thanks to its ice-free beaches) as they expand their brands and explore in-roads to untapped markets. For Jeep, that means investing in a shared money-printing press with an unlikely partner: Tata, the parent company of Land Rover. FCA […]

The post Jeep Points to Map of India, Says Let’s Print More Money Here appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2015/07/jeep-points-to-map-of-india-says-lets-print-more-money-here/feed/ 6
Editorial: Canada Can Keep Kissing Auto Investment Goodbye http://www.thetruthaboutcars.com/2014/04/editorial-canada-can-keep-kissing-auto-investment-goodbye/ http://www.thetruthaboutcars.com/2014/04/editorial-canada-can-keep-kissing-auto-investment-goodbye/#comments Thu, 10 Apr 2014 11:00:59 +0000 http://www.thetruthaboutcars.com/?p=791649 Globally, auto makers spent $17.6 billion on expanding manufacturing facilities – and none of that was spent in Canada. Citing a study by the University of Windsor, The Globe and Mail reports that the last time any new investment was received by Canada’s industry was in 2012, when $180 million was spent on a single project. […]

The post Editorial: Canada Can Keep Kissing Auto Investment Goodbye appeared first on The Truth About Cars.

]]>
Globally, auto makers spent $17.6 billion on expanding manufacturing facilities – and none of that was spent in Canada. Citing a study by the University of Windsor, The Globe and Mail reports that the last time any new investment was received by Canada’s industry was in 2012, when $180 million was spent on a single project. […]

The post Editorial: Canada Can Keep Kissing Auto Investment Goodbye appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2014/04/editorial-canada-can-keep-kissing-auto-investment-goodbye/feed/ 66
Indian Car Market Sees First Yearly Sales Decline Since 2002 http://www.thetruthaboutcars.com/2014/01/indian-car-market-sees-first-yearly-sales-decline-since-2002/ http://www.thetruthaboutcars.com/2014/01/indian-car-market-sees-first-yearly-sales-decline-since-2002/#comments Sun, 12 Jan 2014 16:17:02 +0000 http://www.thetruthaboutcars.com/?p=696641 For the first time in more than a decade, new car sales in India have failed to post a year-over-year increase. Instead, a sharp drop in sales spells bad news for carmakers with heavy investments in that important developing market. According to information released by the Society of Indian Automotive Manufacturers and reported by the […]

The post Indian Car Market Sees First Yearly Sales Decline Since 2002 appeared first on The Truth About Cars.

]]>
For the first time in more than a decade, new car sales in India have failed to post a year-over-year increase. Instead, a sharp drop in sales spells bad news for carmakers with heavy investments in that important developing market. According to information released by the Society of Indian Automotive Manufacturers and reported by the […]

The post Indian Car Market Sees First Yearly Sales Decline Since 2002 appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2014/01/indian-car-market-sees-first-yearly-sales-decline-since-2002/feed/ 13
Toyota Gets $34 Million From Canadian Government To Build Hybrids http://www.thetruthaboutcars.com/2013/01/toyota-gets-34-million-from-canadian-government-to-build-hybrids/ http://www.thetruthaboutcars.com/2013/01/toyota-gets-34-million-from-canadian-government-to-build-hybrids/#comments Thu, 24 Jan 2013 16:09:46 +0000 http://www.thetruthaboutcars.com/?p=474972 Toyota’s Cambridge, Ontario plant will have the honor of being the sole facility outside Japan to produce hybrid Lexus RX crossovers. The announcement came alongside plans for an investment of $34 million investment from the Canadian government. The Ontario government and the Canadian federal government contributed $17 million each to help upgrade the plant and […]

The post Toyota Gets $34 Million From Canadian Government To Build Hybrids appeared first on The Truth About Cars.

]]>
Toyota’s Cambridge, Ontario plant will have the honor of being the sole facility outside Japan to produce hybrid Lexus RX crossovers. The announcement came alongside plans for an investment of $34 million investment from the Canadian government. The Ontario government and the Canadian federal government contributed $17 million each to help upgrade the plant and […]

The post Toyota Gets $34 Million From Canadian Government To Build Hybrids appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2013/01/toyota-gets-34-million-from-canadian-government-to-build-hybrids/feed/ 8
Canadian Government Launches $250 Million Auto “Innovation Fund” http://www.thetruthaboutcars.com/2013/01/canadian-government-launches-250-million-auto-innovation-fund/ http://www.thetruthaboutcars.com/2013/01/canadian-government-launches-250-million-auto-innovation-fund/#comments Fri, 04 Jan 2013 16:56:33 +0000 http://www.thetruthaboutcars.com/?p=472358 The Canadian government will put up $250 million as part of an “auto innovation fund”, a continuation of a 2008 program which the government claims led to over $1 billion in spending. Canadian Prime Minister Stephen Harper will make the announcement today at Ford’s Oakville plant – which happens to be looking for government money […]

The post Canadian Government Launches $250 Million Auto “Innovation Fund” appeared first on The Truth About Cars.

]]>
The Canadian government will put up $250 million as part of an “auto innovation fund”, a continuation of a 2008 program which the government claims led to over $1 billion in spending. Canadian Prime Minister Stephen Harper will make the announcement today at Ford’s Oakville plant – which happens to be looking for government money […]

The post Canadian Government Launches $250 Million Auto “Innovation Fund” appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2013/01/canadian-government-launches-250-million-auto-innovation-fund/feed/ 28
BMW Pulls Ahead With Investors http://www.thetruthaboutcars.com/2012/12/bmw-pulls-ahead-with-investors/ http://www.thetruthaboutcars.com/2012/12/bmw-pulls-ahead-with-investors/#comments Tue, 18 Dec 2012 17:02:45 +0000 http://www.thetruthaboutcars.com/?p=470581 The S-Class Mercedes has been the default choice for the global taste-and-wealth set for a very long time, probably since the demise of the Elwood Engel Continental. The 7-Series BMW, by contrast, has always been a slightly embarrassing purchase, the choice of the man cut out from the classy club by birth, ignorance, or a […]

The post BMW Pulls Ahead With Investors appeared first on The Truth About Cars.

]]>
The S-Class Mercedes has been the default choice for the global taste-and-wealth set for a very long time, probably since the demise of the Elwood Engel Continental. The 7-Series BMW, by contrast, has always been a slightly embarrassing purchase, the choice of the man cut out from the classy club by birth, ignorance, or a […]

The post BMW Pulls Ahead With Investors appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2012/12/bmw-pulls-ahead-with-investors/feed/ 38
BMW Revs Up Spartanburg To The Tune Of $900 Million http://www.thetruthaboutcars.com/2012/01/bmw-revs-up-spartanburg-to-the-tune-of-600-million/ http://www.thetruthaboutcars.com/2012/01/bmw-revs-up-spartanburg-to-the-tune-of-600-million/#comments Thu, 12 Jan 2012 16:57:28 +0000 http://www.thetruthaboutcars.com/?p=425851 Bucolic Spartanburg, SC, will get a new boost when BMW drops $900 million on the plant to expand its capacity to 350,000 units per year. Spartanburg will become one of the world’s largest BMW plants. The BMW Group already invested USD 750 million in the expansion of the plant for production of the new BMW […]

The post BMW Revs Up Spartanburg To The Tune Of $900 Million appeared first on The Truth About Cars.

]]>
Bucolic Spartanburg, SC, will get a new boost when BMW drops $900 million on the plant to expand its capacity to 350,000 units per year. Spartanburg will become one of the world’s largest BMW plants. The BMW Group already invested USD 750 million in the expansion of the plant for production of the new BMW […]

The post BMW Revs Up Spartanburg To The Tune Of $900 Million appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2012/01/bmw-revs-up-spartanburg-to-the-tune-of-600-million/feed/ 14
Chrysler Workers Smoke Pot, Drink Beer At Lunch And Don’t Give A Freckle About Quality http://www.thetruthaboutcars.com/2010/11/372660/ http://www.thetruthaboutcars.com/2010/11/372660/#comments Sun, 14 Nov 2010 08:47:42 +0000 http://www.thetruthaboutcars.com/?p=372660 Some say, TTAC has an anti-Detroit, pro-import slant. We won’t comment on that, you mommy-fraternizing liars. All we can say is: If you harbor these notions, don’t move to Oklahoma. Oklahoma’s largest newspaper, the Oklahoman, dishes out more anti-Detroit snark in a single serving than even a Farago could have cooked-up in his TTAC lifetime. […]

The post Chrysler Workers Smoke Pot, Drink Beer At Lunch And Don’t Give A Freckle About Quality appeared first on The Truth About Cars.

]]>
Some say, TTAC has an anti-Detroit, pro-import slant. We won’t comment on that, you mommy-fraternizing liars. All we can say is: If you harbor these notions, don’t move to Oklahoma. Oklahoma’s largest newspaper, the Oklahoman, dishes out more anti-Detroit snark in a single serving than even a Farago could have cooked-up in his TTAC lifetime. […]

The post Chrysler Workers Smoke Pot, Drink Beer At Lunch And Don’t Give A Freckle About Quality appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2010/11/372660/feed/ 61
Fiat Invests Big To Stay Big In Brazil http://www.thetruthaboutcars.com/2010/10/fiat-invests-big-to-stay-bigin-brazil/ http://www.thetruthaboutcars.com/2010/10/fiat-invests-big-to-stay-bigin-brazil/#comments Thu, 21 Oct 2010 14:39:12 +0000 http://www.thetruthaboutcars.com/?p=369658 GM is the market leader in the United States. Volkswagen has Europe. Toyota has Australia and Japan. Fiat has…. Brazil? That’s right. Fiat is the number one in Brazil. Brazilians do love a good Fiat. But with Volkswagen’s global ambitions, that number one position in Brazil isn’t safe for Fiat. Volkswagen is number 2 there and […]

The post Fiat Invests Big To Stay Big In Brazil appeared first on The Truth About Cars.

]]>
GM is the market leader in the United States. Volkswagen has Europe. Toyota has Australia and Japan. Fiat has…. Brazil? That’s right. Fiat is the number one in Brazil. Brazilians do love a good Fiat. But with Volkswagen’s global ambitions, that number one position in Brazil isn’t safe for Fiat. Volkswagen is number 2 there and […]

The post Fiat Invests Big To Stay Big In Brazil appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2010/10/fiat-invests-big-to-stay-bigin-brazil/feed/ 4
Toyota Plants Big R&D Center in Shanghai http://www.thetruthaboutcars.com/2009/11/toyota-puts-big-rd-center-into-shanghai/ http://www.thetruthaboutcars.com/2009/11/toyota-puts-big-rd-center-into-shanghai/#comments Mon, 09 Nov 2009 21:43:20 +0000 http://www.thetruthaboutcars.com/toyota-puts-big-rd-center-into-shanghai/ Intellectual property warriors, get your guns: Following GM, its arch nemesis Toyota will plant a brand new R & D center smack into the alleged intellectual property jungle called China. Toyota plans to spend between $330 and $440 million for the center. Building will commence next year. Compared to Toyota, the one GM built in […]

The post Toyota Plants Big R&D Center in Shanghai appeared first on The Truth About Cars.

]]>
Intellectual property warriors, get your guns: Following GM, its arch nemesis Toyota will plant a brand new R & D center smack into the alleged intellectual property jungle called China. Toyota plans to spend between $330 and $440 million for the center. Building will commence next year. Compared to Toyota, the one GM built in […]

The post Toyota Plants Big R&D Center in Shanghai appeared first on The Truth About Cars.

]]>
http://www.thetruthaboutcars.com/2009/11/toyota-puts-big-rd-center-into-shanghai/feed/ 7