Toyota, Geely in talks about cooperation in hybrid vehicle tech

BEIJING (Reuters) – Toyota Motor Corp on Friday said it is in talks with Chinese automaker Geely [GEELY.UL] about cooperation in gasoline-electric hybrid vehicle technology, but nothing has been decided on the matter. The Japanese automaker said in a statement to Reuters that it and Geely are currently “communicating with each other” about gasoline-electric hybrid… Continue reading Toyota, Geely in talks about cooperation in hybrid vehicle tech

Toyota-Suzuki revs up plan to roll out hybrid, electric vehicles in India

New Delhi: The Toyota-Suz uki alliance is readying a host of electric and hybrid vehicles for the Indian market as the government places a strong emphasis on cleaner and greener mobility solutions to address the rising pollution challenge and fuel import bill. As part of the plan, four electrified models are likely to be ready… Continue reading Toyota-Suzuki revs up plan to roll out hybrid, electric vehicles in India

Uber launches taxi-hailing app in Japan’s Nagoya

TOKYO, Sept 6 (Reuters) – Uber Technologies on Thursday said it would launch a taxi-hailing app for taxis operating in Nagoya, as the U.S. firm tries to expand its foothold in a country where it has been blocked from offering its own ridesharing service. The U.S. firm said it was working with Fuji Taxi Group,… Continue reading Uber launches taxi-hailing app in Japan’s Nagoya

Uber CEO: No plans to sell self-driving car unit ‘for now’

Uber has no plans to sell its self-driving car research unit “at this time,” according to the company’s chief executive. Dara Khosrowshahi said that the ride-hailing giant will “absolutely” keep the research unit, known as the Advanced Technologies Group, including when the company files its initial public offering, which Khosrowshahi said is on track for 2019.… Continue reading Uber CEO: No plans to sell self-driving car unit ‘for now’

UPDATE 1-Uber ‘on track’ for IPO in 2019, no plans to sell tech unit -CEO

NEW YORK (Reuters) – Uber Technologies Inc Chief Executive Dara Khosrowshahi said on Wednesday the ride-hailing company was on track to launch an initial public offering next year and had no plans to sell its self-driving car research arm. The Chief Executive Officer (CEO) of ride-sharing app Uber Dara Khosrowshahi pictured on stage during an… Continue reading UPDATE 1-Uber ‘on track’ for IPO in 2019, no plans to sell tech unit -CEO

Toyota is conducting a safety recall involving certain Prius vehicles

September 05, 2018 PLANO, Texas, September 5, 2018 – Toyota is conducting a safety recall involving certain 2016-2018 model year Toyota Prius vehicles. Approximately 192,000 vehicles in the U.S. will be involved in this recall. The subject vehicles have an engine wire harness which is connected to the hybrid vehicle Power Control Unit.  A portion of… Continue reading Toyota is conducting a safety recall involving certain Prius vehicles

Automotive: growth of giants of the German premium marks the step

Even German sedans can sometimes miss things. While sales of Audi, BMW and Mercedes have soared since 2010 and the magical trio continues to accumulate records, the pace of their growth has slowed in recent months, according to the latest data firm Jato Dynamics. In the first half, the global volumes of Mercedes, the current… Continue reading Automotive: growth of giants of the German premium marks the step