Tag: Toyota

Ford says fuel cell venture with Daimler will close

DETROIT, June 13 (Reuters) – Ford Motor Co and Daimler AG are winding down a joint venture formed to develop automotive fuel cell technology, Ford said on Wednesday, as both companies plan to take their respective fuel cell technology development in-house. The Automotive Fuel Cell Cooperation Corp venture, based in Burnaby, British Columbia, will close… Continue reading Ford says fuel cell venture with Daimler will close

Magna to partner with May Mobility on low-speed self-driving shuttle

(Reuters) – Canadian auto parts supplier Magna International Inc will partner with Michigan startup May Mobility on self-driving shuttles, the companies said on Wednesday. Magna will outfit low-speed electric shuttles equipped with May Mobility self-driving software. The shuttles will be deployed initially this summer in a commercial ride-sharing service in downtown Detroit. Investors in May… Continue reading Magna to partner with May Mobility on low-speed self-driving shuttle

Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles

ANN ARBOR, Mich., June 13, 2018 (GLOBE NEWSWIRE) — Getting around in crowded city streets of America is about to get a little easier.  May Mobility, an Ann Arbor, Michigan startup building self-driving shuttles, has partnered with Magna (NYSE:MGA), a mobility technology company and one of the world’s largest automotive suppliers, to retrofit and scale… Continue reading Magna and May Mobility Partner to Build, Deploy and Scale Self-Driving Shuttles

Toyota pumps $1 billion in Grab in auto industry’s biggest ride-hailing bet

SINGAPORE (Reuters) – Toyota Motor Corp has agreed to buy a $1 billion stake in Southeast Asia’s Grab in the biggest investment by a carmaker into a ride-hailing firm, at a time when traditional automakers are racing to team up with disruptive tech companies. FILE PHOTO: A logo of Toyota Motor Corp is seen at… Continue reading Toyota pumps $1 billion in Grab in auto industry’s biggest ride-hailing bet

Toyota Advances Mobility as a Service Strategy with Strategic Investment and Collaboration with Grab, the leading Ride-hailing Company in Southeast Asia

Toyota Motor Corporation (Toyota) announced today that it has concluded an agreement with Grab Holdings Inc. (Grab) to strengthen their existing partnership and expand the collaboration between Toyota and Grab in Southeast Asia to drive further advances in Mobility as a Service (MaaS) across the region. As part of this agreement, Toyota will invest $1… Continue reading Toyota Advances Mobility as a Service Strategy with Strategic Investment and Collaboration with Grab, the leading Ride-hailing Company in Southeast Asia

Lexus Performance, Crafted to the Extreme

PLANO, Texas (June 11, 2018) — Crafting exceptional performance vehicles for luxury automaker Lexus requires commissioning the meticulous work of its Takumi masters. With at least 25 years of training, Takumi possess a rare blend of skill and spirit, have a passion for excellence and will stop at nothing to achieve it.

Turkey raises its own car brand: Bosch manager to bring Turkish electric Volksauto car on the road

All articles and backgrounds 08/06/2018 Turkey picks up its own car brand Bosch manager to bring Turkish electric Volksauto car on the road Pool Presdential Press Service / AP / dpa The national car plans of Turkish President Recep Tayyip Erdogan take on a more concrete form An own domestic vehicle brand for Turkey until… Continue reading Turkey raises its own car brand: Bosch manager to bring Turkish electric Volksauto car on the road

Press Releases – €54 billion spent on R&D by EU auto sector per year, latest data show

Brussels, 8 June 2018 – According to the latest data, annual EU investment into R&D by the automobile and parts sector has risen by 7.4% to reach an all-time high of €53.8 billion. This, and many other facts about the industry, were compiled by the European Automobile Manufacturers’ Association (ACEA) in its ‘Automobile Industry Pocket… Continue reading Press Releases – €54 billion spent on R&D by EU auto sector per year, latest data show

Otomotivde rekabet satış sıralamasını değiştirdi

Bu yılın ilk 5 ayında yoğun rekabete sahne olan otomotiv pazarında birçok markanın satış sıralamasındaki yeri değişti 08 Haziran 2018 Cuma, 11:04 Güncelleme: 08 Haziran 2018 Cuma, 11:06 Bu yılın ilk 5 ayında yaklaşık yüzde 5 daralan otomotiv pazarı, satış rakamlarını korumaya çalışan markaların yoğun rekabetine sahne oldu. Farklı kampanyalarla müşterilerin çekilmeye çalışıldığı yarışta, birçok… Continue reading Otomotivde rekabet satış sıralamasını değiştirdi