The Truth About Cars » reuters 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 Reuters Claims 74 Fatalities Linked To GM Recall Through FARS Research http://www.thetruthaboutcars.com/2014/06/reuters-claims-74-fatalities-linked-to-gm-recall-through-fars-research/ http://www.thetruthaboutcars.com/2014/06/reuters-claims-74-fatalities-linked-to-gm-recall-through-fars-research/#comments Tue, 03 Jun 2014 23:55:26 +0000 http://www.thetruthaboutcars.com/?p=836674 Reuters reports the original fatality figure of 13 allegedly linked to the out-of-spec ignition switch that spurred a recall of 2.6 million General Motors vehicles this February may now actually be as high as 74. The news agency researched the Fatality Analysis Reporting System database for “single-car frontal collisions where no front air bags deployed […]

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Reuters reports the original fatality figure of 13 allegedly linked to the out-of-spec ignition switch that spurred a recall of 2.6 million General Motors vehicles this February may now actually be as high as 74. The news agency researched the Fatality Analysis Reporting System database for “single-car frontal collisions where no front air bags deployed […]

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Reuters Sees EV Doldrums, Barrons Sees Tesla Hit A Brick Wall http://www.thetruthaboutcars.com/2013/06/reuters-sees-ev-doldrums-barrons-sees-tesla-hit-a-brick-wall/ http://www.thetruthaboutcars.com/2013/06/reuters-sees-ev-doldrums-barrons-sees-tesla-hit-a-brick-wall/#comments Thu, 13 Jun 2013 11:14:02 +0000 http://www.thetruthaboutcars.com/?p=491971 If TTAC would headline “Doldrums in U.S. electric car sales could linger indefinitely,” we’d come under screeching attacks by electric propulsion proponents, screaming “bias,” “slow newsday,” and “faux news,” along with choice invectives that would overpower our bad word filter. Well, we are sorry to disturb the peace again, but before the screeching starts, be […]

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If TTAC would headline “Doldrums in U.S. electric car sales could linger indefinitely,” we’d come under screeching attacks by electric propulsion proponents, screaming “bias,” “slow newsday,” and “faux news,” along with choice invectives that would overpower our bad word filter. Well, we are sorry to disturb the peace again, but before the screeching starts, be […]

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Reuters Explains Why The Miles Bankruptcy Is Relevant To Other EV Bankruptcies http://www.thetruthaboutcars.com/2013/06/reuters-explains-why-the-miles-bankruptcy-is-relevant-to-other-ev-bankruptcies/ http://www.thetruthaboutcars.com/2013/06/reuters-explains-why-the-miles-bankruptcy-is-relevant-to-other-ev-bankruptcies/#comments Wed, 12 Jun 2013 16:26:01 +0000 http://www.thetruthaboutcars.com/?p=491760 Yesterday, battery acolytes who hate to see stories of EV makers going bankrupt complained about a TTAC story of another EV maker going bankrupt.  They said the story was unfair, because Miles Electric made electric essential services vehicles, used for parking enforcement and the like, whereas bankrupt EV makers such as Coda tried to sell real cars,so […]

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Yesterday, battery acolytes who hate to see stories of EV makers going bankrupt complained about a TTAC story of another EV maker going bankrupt.  They said the story was unfair, because Miles Electric made electric essential services vehicles, used for parking enforcement and the like, whereas bankrupt EV makers such as Coda tried to sell real cars,so […]

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Another One Bites The Dust: Better Place Bankrupt http://www.thetruthaboutcars.com/2013/05/another-one-bites-the-dust-better-place-bankrupt/ http://www.thetruthaboutcars.com/2013/05/another-one-bites-the-dust-better-place-bankrupt/#comments Mon, 27 May 2013 12:07:49 +0000 http://www.thetruthaboutcars.com/?p=489701 Better Place “filed a motion in an Israeli court to wind up the company, bringing an end to a venture whose battery charging network had aimed to boost electric car sales,” Reuters says. Better Place, founded by former SAP executive (he never was SAP CEO, as often reported,) said it had the answer to three […]

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Better Place “filed a motion in an Israeli court to wind up the company, bringing an end to a venture whose battery charging network had aimed to boost electric car sales,” Reuters says. Better Place, founded by former SAP executive (he never was SAP CEO, as often reported,) said it had the answer to three […]

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Car Fight: Chrysler Calls Out Tesla – Who Paid Up First? http://www.thetruthaboutcars.com/2013/05/car-fight-chrysler-calls-out-tesla-who-paid-up-first/ http://www.thetruthaboutcars.com/2013/05/car-fight-chrysler-calls-out-tesla-who-paid-up-first/#comments Thu, 23 May 2013 20:12:19 +0000 http://www.thetruthaboutcars.com/?p=489405 The first thing they drummed into me when I started as a copywriter for Volkswagen: “Never use superlatives. They only get you in trouble.” Now, Elon Musk is in trouble over who was first to fully pay back the government loan.  Yesterday, Tesla wired $452 million to repay the remaining portion of its DOE loan […]

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The first thing they drummed into me when I started as a copywriter for Volkswagen: “Never use superlatives. They only get you in trouble.” Now, Elon Musk is in trouble over who was first to fully pay back the government loan.  Yesterday, Tesla wired $452 million to repay the remaining portion of its DOE loan […]

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Mitsubishi Wants To Re-Tool Itself http://www.thetruthaboutcars.com/2013/05/mitsubishi-wants-to-re-tool-itself/ http://www.thetruthaboutcars.com/2013/05/mitsubishi-wants-to-re-tool-itself/#comments Thu, 23 May 2013 12:56:33 +0000 http://www.thetruthaboutcars.com/?p=489367 After accumulating some $9 billion in losses, Mitsubishi Motors is bringing its financial house in order. According to Reuters, “Mitsubishi Motors is considering asking shareholders to approve plans for a 10-for-1 reverse stock split. At the same time, the company may ask shareholders to approve a capital reorganization – a change in accounting that would […]

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After accumulating some $9 billion in losses, Mitsubishi Motors is bringing its financial house in order. According to Reuters, “Mitsubishi Motors is considering asking shareholders to approve plans for a 10-for-1 reverse stock split. At the same time, the company may ask shareholders to approve a capital reorganization – a change in accounting that would […]

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Lutz And Chinese Offer One Penny On The Dollar For Fisker http://www.thetruthaboutcars.com/2013/05/lutz-and-chinese-offer-one-penny-on-the-dollar-for-fisker/ http://www.thetruthaboutcars.com/2013/05/lutz-and-chinese-offer-one-penny-on-the-dollar-for-fisker/#comments Thu, 23 May 2013 10:33:24 +0000 http://www.thetruthaboutcars.com/?p=489356 Fisker is worth around 200 Karmas at retail. “A team including former General Motors Co executive Bob Lutz and China’s largest parts maker is looking to buy Fisker Automotive for $20 million, a fraction of the “green” car company’s estimated worth almost a year and a half ago,” Reuters says. Late 2011, Fisker told prospective […]

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Fisker is worth around 200 Karmas at retail. “A team including former General Motors Co executive Bob Lutz and China’s largest parts maker is looking to buy Fisker Automotive for $20 million, a fraction of the “green” car company’s estimated worth almost a year and a half ago,” Reuters says. Late 2011, Fisker told prospective […]

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Where Is Currency Manipulation When We Need It: Ford Shuts Down Down Under http://www.thetruthaboutcars.com/2013/05/where-is-currency-manipulation-when-we-need-it-ford-shuts-down-down-under/ http://www.thetruthaboutcars.com/2013/05/where-is-currency-manipulation-when-we-need-it-ford-shuts-down-down-under/#comments Thu, 23 May 2013 08:41:51 +0000 http://www.thetruthaboutcars.com/?p=489346 Ford has long been at the forefront of the currency debate, claiming currency manipulation when the yen went to levels that nearly killed the Japanese auto industry, and shouting “currency manipulation” now that the yen is back to normal levels. Now, Ford itself experiences the devastating effects of changing exchange rates:  Ford is shutting down […]

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Ford has long been at the forefront of the currency debate, claiming currency manipulation when the yen went to levels that nearly killed the Japanese auto industry, and shouting “currency manipulation” now that the yen is back to normal levels. Now, Ford itself experiences the devastating effects of changing exchange rates:  Ford is shutting down […]

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CAW And Chrysler Reach Deal: Marchionne May Get The Last Laugh http://www.thetruthaboutcars.com/2012/09/caw-and-chrysler-reach-deal-marchionne-may-get-the-last-laugh/ http://www.thetruthaboutcars.com/2012/09/caw-and-chrysler-reach-deal-marchionne-may-get-the-last-laugh/#comments Thu, 27 Sep 2012 12:30:15 +0000 http://www.thetruthaboutcars.com/?p=461910 Did Ken Lewenza hose Sergio Marchionne and Chrysler? Ask me that a few days ago and I may have said yes. Now that the terms of the CAW and Chrysler have surfaced, I’m not so sure. A superficial glance at the situation seems to have the scoreboard favoring the CAW. Chrysler agreed to the pattern […]

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Did Ken Lewenza hose Sergio Marchionne and Chrysler? Ask me that a few days ago and I may have said yes. Now that the terms of the CAW and Chrysler have surfaced, I’m not so sure. A superficial glance at the situation seems to have the scoreboard favoring the CAW. Chrysler agreed to the pattern […]

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GM CFO Makes Reuters Correspondent Want To Throw Up http://www.thetruthaboutcars.com/2012/07/gm-cfo-makes-reuters-correpondent-want-to-throw-up/ http://www.thetruthaboutcars.com/2012/07/gm-cfo-makes-reuters-correpondent-want-to-throw-up/#comments Thu, 19 Jul 2012 15:29:22 +0000 http://www.thetruthaboutcars.com/?p=453494 Former Wall Street banker turned GM CFO Dan Ammann put the fear of a higher being into Reuters’ Detroit correspondent Ben Klayman. To drive home the point that bean counters can be car guys too, Ammann raced his gray-metallic Corvette Z06 around GM’s Michigan test track – with a nauseated Klayman in the passenger’s seat. […]

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Former Wall Street banker turned GM CFO Dan Ammann put the fear of a higher being into Reuters’ Detroit correspondent Ben Klayman. To drive home the point that bean counters can be car guys too, Ammann raced his gray-metallic Corvette Z06 around GM’s Michigan test track – with a nauseated Klayman in the passenger’s seat. […]

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Grudge Match: Reuters Races TTAC! Complete Photo Documentary http://www.thetruthaboutcars.com/2011/09/grudge-match-reuters-races-ttac-complete-photo-documenatry/ http://www.thetruthaboutcars.com/2011/09/grudge-match-reuters-races-ttac-complete-photo-documenatry/#comments Tue, 06 Sep 2011 16:03:39 +0000 http://www.thetruthaboutcars.com/?p=410389 Reuters is widely considered the best in the business when it comes to the auto beat. They were that before Paul Ingrassia joined Reuters as Deputy Editor-in-Chief. That someone who won the Pulitzer-prize for his coverage of the turmoil at GM took the helm at Reuters only made their coverage better. Amongst the Tokyo auto […]

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Reuters is widely considered the best in the business when it comes to the auto beat. They were that before Paul Ingrassia joined Reuters as Deputy Editor-in-Chief. That someone who won the Pulitzer-prize for his coverage of the turmoil at GM took the helm at Reuters only made their coverage better. Amongst the Tokyo auto […]

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Ghosn Sees One Or Two Global Chinese Carmakers. Eventually http://www.thetruthaboutcars.com/2011/06/399880/ http://www.thetruthaboutcars.com/2011/06/399880/#comments Wed, 22 Jun 2011 19:43:41 +0000 http://www.thetruthaboutcars.com/?p=399880 The Chinese quest to own a large Chinese automaker with global reach fell on sympathetic ears with someone who should be scared of the yellow peril: Carlos Ghosn. After all,Ghosn is in charge of two automakers. Nissan is the largest Japanese brand in China. Renault is trying to get traction in China. At the Thomson […]

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The Chinese quest to own a large Chinese automaker with global reach fell on sympathetic ears with someone who should be scared of the yellow peril: Carlos Ghosn. After all,Ghosn is in charge of two automakers. Nissan is the largest Japanese brand in China. Renault is trying to get traction in China. At the Thomson […]

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Ghosn To China: Give Us Your Rules, And We’ll Give You Our EV http://www.thetruthaboutcars.com/2011/06/ghosn-to-china-give-us-your-rules-and-we%e2%80%99ll-give-you-our-ev/ http://www.thetruthaboutcars.com/2011/06/ghosn-to-china-give-us-your-rules-and-we%e2%80%99ll-give-you-our-ev/#comments Wed, 22 Jun 2011 16:03:48 +0000 http://www.thetruthaboutcars.com/?p=399870 Nearly two months ago, American senators complained that China is continuing its “long history of breaking international trade rules” and that there is a “trade barrier that is designed to prevent U.S. automakers from accessing the Chinese market” for electric vehicles. As Ed Niedermeyer said it back when, there were no new rules. There still […]

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Nearly two months ago, American senators complained that China is continuing its “long history of breaking international trade rules” and that there is a “trade barrier that is designed to prevent U.S. automakers from accessing the Chinese market” for electric vehicles. As Ed Niedermeyer said it back when, there were no new rules. There still […]

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Carlos Ghosn Predicts Record Year, No Double Dipping http://www.thetruthaboutcars.com/2011/06/carlos-ghosn-predicts-record-year-no-double-dipping/ http://www.thetruthaboutcars.com/2011/06/carlos-ghosn-predicts-record-year-no-double-dipping/#comments Wed, 22 Jun 2011 15:08:03 +0000 http://www.thetruthaboutcars.com/?p=399865 A beaming and relaxed Carlos Ghosn dispensed a little insider knowledge tonight in Tokyo and let (surely not involuntarily) slip that there will be “significantly higher numbers tomorrow” when Nissan announces its predictions for the current fiscal year. “Tomorrow, the company officially will put the forecast for the fiscal year 2011. When I announced the […]

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A beaming and relaxed Carlos Ghosn dispensed a little insider knowledge tonight in Tokyo and let (surely not involuntarily) slip that there will be “significantly higher numbers tomorrow” when Nissan announces its predictions for the current fiscal year. “Tomorrow, the company officially will put the forecast for the fiscal year 2011. When I announced the […]

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The WikiLeak-Leak: BYD Targeted By Guangzhou Consulate Gossip http://www.thetruthaboutcars.com/2011/03/the-wikileak-leak-byd-targeted-by-guangzhou-consulate-gossip/ http://www.thetruthaboutcars.com/2011/03/the-wikileak-leak-byd-targeted-by-guangzhou-consulate-gossip/#comments Wed, 09 Mar 2011 20:41:04 +0000 http://www.thetruthaboutcars.com/?p=386713 While Julian Assange fights extradition proceedings to Sweden on charges of a ripped condom (note to Jack Baruth: Never get close to a Svenska flicka), the Wikileak cablegate haul is being used to do a hatchet job on a down and out car company that should qualify for a handicapped parking sticker. Today, Reuters runs […]

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While Julian Assange fights extradition proceedings to Sweden on charges of a ripped condom (note to Jack Baruth: Never get close to a Svenska flicka), the Wikileak cablegate haul is being used to do a hatchet job on a down and out car company that should qualify for a handicapped parking sticker. Today, Reuters runs […]

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Death Of Saab: Sweden’s Prime Minister “Not Surprised” http://www.thetruthaboutcars.com/2009/12/death-of-saab-sweden%e2%80%99s-prime-minister-%e2%80%9cnot-surprised%e2%80%9d/ http://www.thetruthaboutcars.com/2009/12/death-of-saab-sweden%e2%80%99s-prime-minister-%e2%80%9cnot-surprised%e2%80%9d/#comments Sun, 20 Dec 2009 10:01:22 +0000 http://www.thetruthaboutcars.com/?p=339718 Sweden’s prime minister Fredrik Reinfeldt had his fill of failed negotiations. Returning home from round-the-clock talks at the Copenhagen climate conference, he said that he saw the Saab collapse coming. Sweden’s prime minister is “unsurprised” by the collapse of the sale, says Reuters.  Asked if he was surprised, Reinfeldt  said: “No, the process was built […]

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Sweden’s prime minister Fredrik Reinfeldt had his fill of failed negotiations. Returning home from round-the-clock talks at the Copenhagen climate conference, he said that he saw the Saab collapse coming. Sweden’s prime minister is “unsurprised” by the collapse of the sale, says Reuters.  Asked if he was surprised, Reinfeldt  said: “No, the process was built […]

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