The Truth About Cars » shares http://www.thetruthaboutcars.com The Truth About Cars is dedicated to providing candid, unbiased automobile reviews and the latest in auto industry news. Sat, 06 Feb 2016 17:30:53 +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 » shares http://www.thetruthaboutcars.com/wp-content/themes/ttac-theme/images/logo.gif http://www.thetruthaboutcars.com So Musk Now Owns 22 Percent of Tesla, But Does It Matter? http://www.thetruthaboutcars.com/2016/01/so-musk-now-owns-22-percent-of-tesla-but-does-it-matter/ http://www.thetruthaboutcars.com/2016/01/so-musk-now-owns-22-percent-of-tesla-but-does-it-matter/#comments Sat, 30 Jan 2016 19:10:31 +0000 http://www.thetruthaboutcars.com/?p=1276777 The automotive and tech blogs are aflutter Saturday with news that Elon Musk has gobbled up another chunk of Tesla stock — this time at a discount. Musk exercised and held a stock option this week that saw the multi-billionaire increase his ownership of Tesla Motors by 532,000 shares. In total, those shares are worth over $101 million […]

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The automotive and tech blogs are aflutter Saturday with news that Elon Musk has gobbled up another chunk of Tesla stock — this time at a discount. Musk exercised and held a stock option this week that saw the multi-billionaire increase his ownership of Tesla Motors by 532,000 shares. In total, those shares are worth over $101 million […]

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Report: Nissan, French Government Strike Deal in Renault Spat http://www.thetruthaboutcars.com/2015/12/report-nissan-french-government-strike-deal-renault-spat/ http://www.thetruthaboutcars.com/2015/12/report-nissan-french-government-strike-deal-renault-spat/#comments Fri, 11 Dec 2015 19:00:21 +0000 http://www.thetruthaboutcars.com/?p=1240465 Nissan and the French government struck a deal Friday to end a dispute over how much influence the state has over the carmaking alliance between the Japanese automaker and Renault, according to Renault. The French government will cap its voting rights between 17.9 percent and 20 percent in non-strategic shareholder decisions, and will preclude “interference” […]

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Nissan and the French government struck a deal Friday to end a dispute over how much influence the state has over the carmaking alliance between the Japanese automaker and Renault, according to Renault. The French government will cap its voting rights between 17.9 percent and 20 percent in non-strategic shareholder decisions, and will preclude “interference” […]

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Suzuki Will Spend $3.9 Billion to Buy Itself Back from Volkswagen http://www.thetruthaboutcars.com/2015/09/suzuki-will-spend-3-9-billion-to-buy-itself-back-from-volkswagen/ http://www.thetruthaboutcars.com/2015/09/suzuki-will-spend-3-9-billion-to-buy-itself-back-from-volkswagen/#comments Wed, 16 Sep 2015 17:00:26 +0000 http://www.thetruthaboutcars.com/?p=1174266 Suzuki, while at Frankfurt showing off its new Baleno hatchback and next-generation Vitara, is dealing with a financial problem of sorts. In order to buy itself back from Volkswagen, the Japanese automaker will have to shell out 471.74 billion yen — or $3.9 billion USD. Suzuki plans to purchase as many of those shares back as possible […]

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Suzuki, while at Frankfurt showing off its new Baleno hatchback and next-generation Vitara, is dealing with a financial problem of sorts. In order to buy itself back from Volkswagen, the Japanese automaker will have to shell out 471.74 billion yen — or $3.9 billion USD. Suzuki plans to purchase as many of those shares back as possible […]

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Suzuki: “I Feel Refreshed” After Win Against Volkswagen http://www.thetruthaboutcars.com/2015/08/suzuki-i-feel-refreshed-after-win-against-volkswagen/ http://www.thetruthaboutcars.com/2015/08/suzuki-i-feel-refreshed-after-win-against-volkswagen/#comments Sun, 30 Aug 2015 14:22:21 +0000 http://www.thetruthaboutcars.com/?p=1156202 Osamu Suzuki (middle right), chairman of Suzuki Motor Corporation, can finally celebrate his biggest win. After a failed alliance with Volkswagen put Suzuki — the chairman and company — on the back foot for almost four years, the International Court of Arbitration of the International Chamber of Commerce in London has decided in the Japanese company’s […]

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Osamu Suzuki (middle right), chairman of Suzuki Motor Corporation, can finally celebrate his biggest win. After a failed alliance with Volkswagen put Suzuki — the chairman and company — on the back foot for almost four years, the International Court of Arbitration of the International Chamber of Commerce in London has decided in the Japanese company’s […]

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Further Renault-Nissan Integration Blocked By French Government In Power Play http://www.thetruthaboutcars.com/2015/05/renault-nissan-integration-blocked-french-government-power-play/ http://www.thetruthaboutcars.com/2015/05/renault-nissan-integration-blocked-french-government-power-play/#comments Fri, 01 May 2015 17:00:49 +0000 http://www.thetruthaboutcars.com/?p=1058482 An attempt to bring further integration within Renault-Nissan resulted in the French government tightening its hold on Renault against CEO Carlos Ghosn. The move by the government Thursday to block the integration effort leaves Ghosn with the choice to either negotiate or fight for integration, Reuters reports. The CEO has long desired to give Nissan […]

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An attempt to bring further integration within Renault-Nissan resulted in the French government tightening its hold on Renault against CEO Carlos Ghosn. The move by the government Thursday to block the integration effort leaves Ghosn with the choice to either negotiate or fight for integration, Reuters reports. The CEO has long desired to give Nissan […]

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GM Seeks Aid From NASA, Issues New Ignition-Related Recall http://www.thetruthaboutcars.com/2014/04/gm-seeks-aid-from-nasa-issues-new-ignition-related-recall/ http://www.thetruthaboutcars.com/2014/04/gm-seeks-aid-from-nasa-issues-new-ignition-related-recall/#comments Fri, 11 Apr 2014 09:00:47 +0000 http://www.thetruthaboutcars.com/?p=793690 Autoblog reports 2.19 million of the same vehicles under the current General Motors ignition recall are under a new ignition-related recall, as well. The new recall warns of a problem where the key can be removed without the switch moved to the “off” position. According to GM, the automaker is aware of “several hundred” complaints […]

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Autoblog reports 2.19 million of the same vehicles under the current General Motors ignition recall are under a new ignition-related recall, as well. The new recall warns of a problem where the key can be removed without the switch moved to the “off” position. According to GM, the automaker is aware of “several hundred” complaints […]

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Treasury Won’t Sell GM Stock, Hopes For Pick-Up http://www.thetruthaboutcars.com/2012/09/treasury-wont-sell-gm-stock-hopes-for-pick-up/ http://www.thetruthaboutcars.com/2012/09/treasury-wont-sell-gm-stock-hopes-for-pick-up/#comments Sat, 22 Sep 2012 11:48:08 +0000 http://www.thetruthaboutcars.com/?p=461243 Throwing investment advice of eminent experts such as the LA Times editorial board and former GM CEO Ed Whitacre in the wind, the Treasury will not sell its holdings in GM as recommended, but hold on to the stock. Why? For the same reasons that prompt smaller scale investors to hold on: The Treasury “expects […]

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Throwing investment advice of eminent experts such as the LA Times editorial board and former GM CEO Ed Whitacre in the wind, the Treasury will not sell its holdings in GM as recommended, but hold on to the stock. Why? For the same reasons that prompt smaller scale investors to hold on: The Treasury “expects […]

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Daimler Is Looking For Love In China http://www.thetruthaboutcars.com/2011/12/daimler-is-looking-for-love-in-china/ http://www.thetruthaboutcars.com/2011/12/daimler-is-looking-for-love-in-china/#comments Thu, 22 Dec 2011 15:33:21 +0000 http://www.thetruthaboutcars.com/?p=423288 Germany’s luxobarge makers aren’t just happy selling their luxobarges to China. Now they want Chinese money straight up. Daimler is flirting with the Chinese sovereign wealth fund China Investment Corporation (CIC), which may want to buy 5 or 10 percent of Daimler. Sovereign wealth funds invest their money in stocks, where it supposedly yields more […]

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Germany’s luxobarge makers aren’t just happy selling their luxobarges to China. Now they want Chinese money straight up. Daimler is flirting with the Chinese sovereign wealth fund China Investment Corporation (CIC), which may want to buy 5 or 10 percent of Daimler. Sovereign wealth funds invest their money in stocks, where it supposedly yields more […]

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Fiat Wants Larger Share Of Chrysler Pie, Has Difficulties At Home http://www.thetruthaboutcars.com/2010/03/fiat-wants-larger-share-of-chrysler-pie-has-difficulties-at-home/ http://www.thetruthaboutcars.com/2010/03/fiat-wants-larger-share-of-chrysler-pie-has-difficulties-at-home/#comments Sat, 27 Mar 2010 11:57:19 +0000 http://www.thetruthaboutcars.com/?p=350490 In June 2009, Fiat was handed 20 percent of a washed and rinsed Chrysler for no cash, and despite protests, the deal was rammed through. The UAW was given 55 percent, the U.S. and Canadian governments controlled 8 and 2 percent, respectively. Often overlooked, or forgotten, the deal came with an option for Fiat to […]

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In June 2009, Fiat was handed 20 percent of a washed and rinsed Chrysler for no cash, and despite protests, the deal was rammed through. The UAW was given 55 percent, the U.S. and Canadian governments controlled 8 and 2 percent, respectively. Often overlooked, or forgotten, the deal came with an option for Fiat to […]

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