All-New Lexus UX Crossover Makes Its World Debut in Geneva

GENEVA, March 6, 2018 – Following recent launches of its stunning new LC flagship coupe, LS flagship sedan and three-row RX luxury utility vehicle, Lexus is opening a new gateway into the brand with the UX, its first-ever compact luxury crossover. Making its world debut at the 2018 Geneva Motor Show, the UX introduces a bold… Continue reading All-New Lexus UX Crossover Makes Its World Debut in Geneva

Press Releases – EU-US automobile trade and production in context

Geneva, 6 March 2018 – In the margins of the Geneva motor show, the European Automobile Manufacturers’ Association (ACEA) reacts to recent discussions on possible tariffs on EU car imports to the United States by putting the trade relations between the two regions in context. “ACEA’s members are global companies, and international trade is an… Continue reading Press Releases – EU-US automobile trade and production in context

May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market

When we spoke with Ed Olson, CEO of May Mobility, in January, he told us that his driverless-vehicle company had raised a little over $11 million in seed funding in 2017. Last week, May disclosed more details about its $11.5 million seed round: it was led by venture investment arms of Toyota and BMW, and… Continue reading May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market

Toyota Motor Corporation to Merge Three Information Technology Subsidiaries and Create Comprehensive IT Solutions Company

Toyota Motor Corporation (TMC) announces a mutual agreement to merge three of its information technology (IT) subsidiaries as of January 1, 2019. The three companies involved in the merger are Toyota Communication Systems Co., Ltd. (TCS), Toyota Digital Cruise, Inc. (TDC), and Toyota Caelum Inc. (TCI).

Japan H2 Mobility, LLC Established by Eleven Companies

Toyota Motor CorporationNissan Motor Co. Ltd.Honda Motor Co. Ltd.JXTG Nippon Oil & Energy CorporationIdemitsu Kosan Co. Ltd.Iwatani CorporationTokyo Gas Co. Ltd.Toho Gas Co. Ltd.Air Liquide Japan Ltd.Toyota Tsusho CorporationDevelopment Bank of Japan Inc. The below-mentioned 11 companies have today announced joint establishment of “Japan H2 Mobility, LLC (hereinafter JHyM)”, aimed at the full-fledged development of… Continue reading Japan H2 Mobility, LLC Established by Eleven Companies

The death of diesel: can struggling industry woo back consumers?

Automotive industry Amid fears about pollution, penalties and bans, buyers are abandoning diesel cars in droves Experts predict diesel’s UK market share will drop from one in two cars sold to one in seven by 2025. Photograph: Martin Meissner/AP No customers were troubling the Jaguar showroom in Welwyn Garden City on Friday, at the start… Continue reading The death of diesel: can struggling industry woo back consumers?

Press Release No. 05/2018 – Vehicle registrations in the February 2018

date 03/02/2018 Flensburg, March 2, 2018. 261,749 Passenger cars ( car ) were newly registered in February. That was +7.4 percent more than in the same month last year. The share of commercial approvals was 63.1 percent (+ 0.8%). Private registrations increased by + 21.3 percent. Except for Audi (-3.6%) and BMW (-0.7%) recorded the… Continue reading Press Release No. 05/2018 – Vehicle registrations in the
February 2018