TOKYO — Japanese truck maker Hino Motors, a unit of Toyota Motor, said on Tuesday that it has been falsifying data related to engine emissions and fuel performance for a longer period of time and on more models than previously admitted, making it more difficult for the company to rebuild its management and restore credibility.… Continue reading Toyota unit Hino has falsified engine data for nearly 20 years
Tag: Toyota
Hino Motors to brief on emissions data; shares fall more than 7%
TOKYO (Reuters) — Hino Motors shares tumbled more than 7% on Tuesday following a report that the scope of its announced falsification of emissions data may be larger than previously expected. The automaker, a unit of Toyota Motor, said it and its special investigation committee would hold a news conference later in the day regarding… Continue reading Hino Motors to brief on emissions data; shares fall more than 7%
Velocia Secures $2.5 Million from WindSail Capital to Accelerate Growth of its Mobility Rewards Platform
TORONTO, Aug. 2, 2022 /PRNewswire/ – Velocia, a Toronto-based software-as-a-service (SaaS) provider for a mobility rewards platform, has raised $2.5 million in growth capital from WindSail Capital Group, a Boston-based investment firm focused on energy innovation and sustainability. “We are thrilled to have partnered with WindSail Capital for this next stage of our company’s journey.… Continue reading Velocia Secures $2.5 Million from WindSail Capital to Accelerate Growth of its Mobility Rewards Platform
Uber turns the corner, generates massive pile of free cash flow in Q2
The question of whether Uber would be able to self-support was at least partially answered Tuesday with the company’s second quarter earnings report. In its Q2 digest, the American ride-hailing and food delivery giant reported positive free cash flow, indicating that it can now self-fund, putting to rest — at least in today’s market —… Continue reading Uber turns the corner, generates massive pile of free cash flow in Q2
Altair Announces Winners of 10th Annual Enlighten Award
Ford, Shiloh Industries, General Motors, Toyota, BASF, Nemak, and McMaster University among winners creating a more sustainable, lightweight future TROY, Mich., Aug. 2, 2022 /PRNewswire/ — Altair (Nasdaq: ALTR) a global leader in computational science and artificial intelligence (AI), has named the winners of the 10th annual Altair Enlighten Award. Presented in association with the Center… Continue reading Altair Announces Winners of 10th Annual Enlighten Award
Global Electric Power Steering (EPS) Sensor Market Anticipated to Generate a Revenue of $26,580.8 Million and Rise at a CAGR of 7.0% during the Forecast Period 2022-2030 [300-Pages] | Research Dive
The global electric power steering (EPS) sensor market is predicted to observe significant growth by 2030, owing to the reduced stress on the engine and increase in fuel efficiency. Regionally, the Asia-Pacific region is expected to be dominant. NEW YORK, Aug. 2, 2022 /PRNewswire/ — Research Dive has added a new report to its offering titled,… Continue reading Global Electric Power Steering (EPS) Sensor Market Anticipated to Generate a Revenue of $26,580.8 Million and Rise at a CAGR of 7.0% during the Forecast Period 2022-2030 [300-Pages] | Research Dive
Unite Digital Expands Its Team with Six New Hires
BLOOMFIELD HILLS, Mich., Aug. 2, 2022 /PRNewswire/ — Unite Digital, LLC, a digital marketing company that focuses on OEM-certified dealer digital programs, lead optimization, online-offline retail integration and customer retention and loyalty strategies, announced today the expansion of its team with six new hires: Steven Justice, director of Digital Customer Experience Pam Rahmaan, program manager,… Continue reading Unite Digital Expands Its Team with Six New Hires
2023 Mazda CX-50 Meridian Edition Furthers the Outdoor Experience
Three New Offerings for Customers to Personalize CX-50 to Best Fit their Active Lifestyles On sale this fall, CX-50 Meridian Edition features exclusive 18-inch wheels and Falken all-terrain tires with a starting MSRP1 of $39,950 Apex Package enhances Meridian Edition with roof platform and more Meridian Choice Package elevates remaining CX-50 models with essential outdoor accessories… Continue reading 2023 Mazda CX-50 Meridian Edition Furthers the Outdoor Experience
Electric Power Steering (EPS) Sensor Market to Reach $26.58 Bn, Globally, by 2030 at 7.0% CAGR: AMR
Rise in vehicle manufacturing and increase in number of accidents drive the growth of the global electric power steering (EPS) sensor market. PORTLAND, Ore., Aug. 2, 2022 /PRNewswire/ — Allied Market Research recently published a report, titled, “Electric Power Steering (EPS) Sensor Market by Type (Speed Sensor, Steering Torque Sensor, Steering Wheel Position Sensor), by Vehicle… Continue reading Electric Power Steering (EPS) Sensor Market to Reach $26.58 Bn, Globally, by 2030 at 7.0% CAGR: AMR
Cybellum To Preview the State of Automotive Software Security 2022 Report
Free webinar will take a deep dive into automotive cybersecurity risks and trends TEL AVIV, Israel, Aug. 2, 2022 /PRNewswire/ — Cybellum, a leading provider of the Product Security Platform for vehicle, product, and device manufacturers, announced today the opening of registration for a free webinar that will preview the soon to be released State… Continue reading Cybellum To Preview the State of Automotive Software Security 2022 Report