Vantage buys Toyota dealerships from Charles Clark Motors

Vantage Motor Group has acquired the Toyota and Lexus businesses of Charles Clark Motors in Wolverhampton for an undisclosed sum. Vantage, rated 59 in the Motor Trader Top 200 with annual revenues of £262m, already has Toyota centres close by in Tamworth, Solihull and Birmingham where it also has a Lexus dealership. Vantage, which is… Continue reading Vantage buys Toyota dealerships from Charles Clark Motors

Toyota to form $2.8 bln venture with group cos for self-driving R&D

TOKYO (Reuters) – Toyota Motor Corp and group suppliers Denso Corp and Aisin Seiki Co said on Friday they would form a joint venture for researching and developing automated-driving technology, investing more than 300 billion yen ($2.8 billion). FILE PHOTO: A Toyota Motor Corp. logo is seen on a car at the International Auto Show… Continue reading Toyota to form $2.8 bln venture with group cos for self-driving R&D

Toyota Research Institute-Advanced Development (TRI-AD) Established in Tokyo To Provide Fully-Integrated, Production-Quality Software For Automated Driving

Toyota will establish a new company in Tokyo in the latter part of this month named “Toyota Research Institute-Advanced Development” (TRI-AD) that will accelerate its efforts in advanced development for automated driving.

Toyota Motor North America Reports February 2018 Sales

PLANO, Texas, March 1, 2018 /PRNewswire/ — Toyota Motor North America (TMNA) today reported February 2018 sales of 182,195 vehicles, an increase of 4.5 percent from February 2017 on a volume basis. With the same amount of selling days in February 2018 compared to February 2017, sales were up 4.5 percent on a daily selling rate… Continue reading Toyota Motor North America Reports February 2018 Sales

Group 1 Automotive Appoints UK Operating Leader

HOUSTON, Feb. 28, 2018 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), (“Group 1” or the “Company”), an international, Fortune 500 automotive retailer, today announced that effective March 1, 2018, Group 1 Automotive will appoint Darren Guiver as managing director of its UK operations.   Mr. Guiver has worked for Group 1 in the UK since February 2016… Continue reading Group 1 Automotive Appoints UK Operating Leader

Aurora, Led by Google and Tesla Driverless Car Vets, Lands $90M

Aurora Innovation, a self-driving car startup whose founders have ties to Google, Tesla, and Uber, has raised $90 million in Series A funding co-led by Greylock Partners and Index Ventures. Along with the money, Greylock and Index are adding a member each to Aurora’s board of directors: Reid Hoffman, the co-founder of LinkedIn and partner… Continue reading Aurora, Led by Google and Tesla Driverless Car Vets, Lands $90M

Bolt EV battery teardown, 290-mile Kona Electric, Lexus UX photo, Bolt EV police video: Today’s Car News

Follow John Today, we’ve got full details on the long-range electric version of the Hyundai Kona, a few more details on the Lexus UX small crossover, a Bolt EV battery-pack teardown on video, and a poll on Trump’s climate-science denial. All this and more on Green Car Reports. After teasing it a week ago, full… Continue reading Bolt EV battery teardown, 290-mile Kona Electric, Lexus UX photo, Bolt EV police video: Today’s Car News

Toyota to build new-generation Auris car in Derbyshire

Toyota Japanese carmaker’s decision safeguards the jobs of 3,000 workers as Brexit fears continue A worker assembles a vehicle on the production line at Toyota’s factory in Burnaston, Derbyshire. Photograph: Bloomberg/Getty Images Toyota has announced it will build the next generation of its Auris car at its Burnaston plant in Derbyshire. The Japanese carmaker said… Continue reading Toyota to build new-generation Auris car in Derbyshire