U.S. consumers borrow more for longer to drive trucks and SUVs

Experian’s senior director of automotive financial solutions. CUV is an acronym for car-like, crossover utility vehicles such as the Toyota RAV4, a best seller in the category. DETROIT: U.S. consumers borrowed more for longer in the first quarter of 2021 so they could drive more expensive trucks and sport utility vehicles, according to a new… Continue reading U.S. consumers borrow more for longer to drive trucks and SUVs

Exclusive: As China plans new rules, global automakers move to store car data locally

By Yilei Sun, Tony Munroe 4 Min Read BEIJING (Reuters) – BMW, Daimler and Ford have set up facilities in China to store data generated by their cars locally, they told Reuters, as automakers come under growing pressure in the world’s biggest car market over how they handle information from vehicles. FILE PHOTO: Cars drive… Continue reading Exclusive: As China plans new rules, global automakers move to store car data locally

Shradha Suri appointed chairperson and MD of Subros

Shradha Suri: “I shall further strengthen and build market leadership across all business segments, with the support of our JV partners Denso Corp, Suzuki Motor Corp, our stakeholders and customers.” Subros Ltd, the leading company in the design and manufacture of thermal products for passenger cars and commercial vehicles in India, has appointed Shraddha Suri… Continue reading Shradha Suri appointed chairperson and MD of Subros

EXCLUSIVE-As China plans new rules, global automakers move to store car data locally

By Yilei Sun, Tony Munroe 4 Min Read BEIJING (Reuters) – BMW, Daimler and Ford have set up facilities in China to store data generated by their cars locally, they told Reuters, as automakers come under growing pressure in the world’s biggest car market over how they handle information from vehicles. FILE PHOTO: Cars drive… Continue reading EXCLUSIVE-As China plans new rules, global automakers move to store car data locally

Global Commercial Vehicles Market to Reach 27.9 Million Units by 2026

FACTS AT A GLANCE Edition: 15; Released: January 2021 Executive Engagements: 18096 Companies: 124– Players covered include AB Volvo; Ashok Leyland Limited; BYD; Daimler AG; Dongfeng Motor Corporation; Ford Motor Corporation; General Motors Company; Groupe Renault; Hino Motors, Ltd.; Hyundai Motor Company; Isuzu Commercial Truck of America, Inc.; Mitsubishi Fuso Truck of America, Inc.; Proterra; Scania AB; Tata Motors Ltd;… Continue reading Global Commercial Vehicles Market to Reach 27.9 Million Units by 2026

India’s construction equipment sector headed for washout in Q1 FY2022

Demand for new construction equipment, already in free-fall mode over the past few weeks, may crash up to 75 percent by end-May if the surge in Covid infections continues unabated. According to Sandeep Singh, Managing Director of Tata-Hitachi Construction Machinery, even use of existing machinery is tumbling across construction sites and could be impacted by… Continue reading India’s construction equipment sector headed for washout in Q1 FY2022

Beloved Jamestown S’Klallam councilmember perishes in car crash – Port Townsend Leader

Kurt Grinnell Kurt Grinnell, a longtime councilmember of the Jamestown S’Klallam Tribe and head of the tribe’s Aquaculture Program, died Tuesday, April 20, in a car crash near Port Angeles. Deputies from the Clallam County Sheriff’s Office responded to a single-vehicle crash in the 1400 block of Mount Pleasant Road around 4 p.m. and found… Continue reading Beloved Jamestown S’Klallam councilmember perishes in car crash – Port Townsend Leader

Speed, distraction factors in Grinnell crash – Peninsula Daily News

PORT ANGELES — Jamestown S’Klallam Tribal Council member Kurt Grinnell was speeding southbound on Mount Pleasant Road last month with a cellphone videoplayer turned on, propped on the dashboard, when his vehicle veered off the roadway in a fatal wreck, a Clallam County crash expert said Friday. Sheriff’s Office collision reconstructionist Josh Ley said Grinnell,… Continue reading Speed, distraction factors in Grinnell crash – Peninsula Daily News

@Toyota: Investment in AiCare, a provider of telematics insurance system in Kenya- Contributing to safer and better mobility society through the transformation of the motor insurance sector in Africa –

Toyota Tsusho Corporation (“Toyota Tsusho”) and its group company CFAO SAS (“CFAO”) decided to invest in AiCare Group, Inc. (“AiCare”), a provider of telematics insurance*1 system for insurance companies in Kenya. The investment will be engaged by Mobility 54 Investment SAS (“Mobility 54”) – a corporate venture capital subsidiary of Toyota Tsusho group which was… Continue reading @Toyota: Investment in AiCare, a provider of telematics insurance system in Kenya- Contributing to safer and better mobility society through the transformation of the motor insurance sector in Africa –

@Toyota: Prepare For A Shift In The Wind

PLANO, Texas (May 26, 2021) — Are you gazing at what’s coming? Follow us on Twitter to learn more and join us June 2 at 10 a.m. EDT to find out: livestream link. For additional upcoming Toyota product news, check out the Toyota New Product Showcase page. The post Prepare For A Shift In The Wind… Continue reading @Toyota: Prepare For A Shift In The Wind