Exclusive: China’s FAW considers acquiring BMW partner Brilliance for about $7.2 billion – sources

By Julie Zhu 4 Min Read (Reuters) – FAW Group is looking at acquiring Brilliance China Automotive Holdings Ltd for about $7.2 billion in a two-stage deal that would see BMW’s main Chinese partner taken private, two people with direct knowledge of the matter told Reuters. FILE PHOTO: A man and a child look at… Continue reading Exclusive: China’s FAW considers acquiring BMW partner Brilliance for about $7.2 billion – sources

@Toyota: 3rd Quarter of Fiscal year ending March 31,2021

Toyota Tsusho announced financial results for 3rd Quarter of Fiscal year ending March 31, 2021. Below are the main items of Consolidated Results based on IFRS. (Unit: Billion yen) FY2019 1-3Q FY2020 1-3Q Change Gross profit 476.3 429.3 (47.0) Operating profit 164.0 143.3 (20.7) Profit before income taxes 184.2 150.1 (34.1) Profit attributable to owners… Continue reading @Toyota: 3rd Quarter of Fiscal year ending March 31,2021

@Toyota: Toyota Pursues Safer Driving With Self-drifting GR Supra

A Toyota GR Supra executing a perfectly controlled drift is nothing new, but seeing the car achieve the feat with no one at the wheel is an extraordinary spectacle – all in the pursuit of advanced safety. Toyota Research Institute has engineered the self-driving coupe in collaboration with Stanford University’s Dynamic Design Laboratory to explore… Continue reading @Toyota: Toyota Pursues Safer Driving With Self-drifting GR Supra

Zero Electric Vehicles, Inc. (ZEV) Adds Three Critical Executives to Leadership Team

ZEV Brings On Key Leadership Roles in Automotive Software Engineering & Cloud Services, EV Battery and Fuel-Cell Science Tweet this Jonas has more than 20 years’ experience building and delivering successful products and services around new and emerging technologies, from telematics systems to holographic beam-forming satellite antennas. His M&A work in technical due diligence resulted… Continue reading Zero Electric Vehicles, Inc. (ZEV) Adds Three Critical Executives to Leadership Team

Ford vehicles will be powered by Google’s Android operating system

Millions of Ford and Lincoln-branded vehicles will be powered by Android operating system beginning in 2023 as part of a six-year partnership announced Monday that will bring embedded Google apps and services to drivers. Ford and Google said as part of the partnership they will establish a new collaborative group called Team Upshift that will… Continue reading Ford vehicles will be powered by Google’s Android operating system

@Toyota: Toyota Reimagines the New Car Buying Experience with Complete Online Retail Solution

PLANO, Texas (February 1, 2021) – Toyota Motor North America (TMNA) has officially unveiled the next iteration of the SmartPath retail experience, allowing customers flexibility in how they buy their next Toyota. Working hand-in-hand with dealerships across the United States to integrate online and in-store retail, TMNA assumed the responsibility of the research and development… Continue reading @Toyota: Toyota Reimagines the New Car Buying Experience with Complete Online Retail Solution

Lexus Unveils New Digital Retail Experience

Developed in partnership with Toyota Motor North America (TMNA) and Lexus Financial Services (LFS) in response to shifting consumer purchase preferences, Monogram offers a flexible shopping experience befitting the Lexus brand. Lexus’ Monogram technology puts the car buying process in the hands of the guest, providing an integrated user experience across Lexus.com, the dealership website… Continue reading Lexus Unveils New Digital Retail Experience

Toyota Reimagines the New Car Buying Experience with Complete Online Retail Solution

Developed in partnership with Toyota Financial Services (TFS) in response to shifting consumer purchase preferences, Toyota began piloting SmartPath in 2019 to expand the retail footprint, offering a flexible shopping experience that is convenient, interactive, connected, transparent, and customized. The COVID-19 virus accelerated consumer demand for digital transactions, with a recent digital shopping survey showing… Continue reading Toyota Reimagines the New Car Buying Experience with Complete Online Retail Solution