In 2020, factory and dealership closures and delayed purchases by consumers due to the pandemic led to a 20% slide in turnover to 3.8 billion euros, while recurring EBIT fell 32% to 140 million. Car markets have since rebounded and European car registrations surged 74% in May, rising for the third month in row. FRANKFURT:… Continue reading Auto transport firm Gefco put up for sale: sources
Tag: Toyota
Sputtering Nissan-Renault alliance stirs shareholder unrest
TOKYO — Nissan Motor’s general shareholders meeting Tuesday spotlighted the struggles of the automaker’s alliance with Renault and Mitsubishi Motors, a partnership that initially promised to rival the likes of Toyota Motor and Volkswagen. Nissan CEO Makoto Uchida apologized to investors for the gap that has opened between Nissan and its rivals, and also for… Continue reading Sputtering Nissan-Renault alliance stirs shareholder unrest
Toyota joins hands with ACMA to share best practices with auto component firms
New Delhi: Toyota Kirloskar Motor (TKM) on Wednesday said it has inked a pact with auto componentindustry body ACMA for sharing its best practices. As per the Memorandum of Understanding (MoU), the automaker through its training arm Toyota Learning and Development India (TLDI) will share its best practices like people development and lean management principles… Continue reading Toyota joins hands with ACMA to share best practices with auto component firms
Toyota Kirloskar Motor to share best practices with ACMA member companies
Toyota Kirloskar Motor (TKM) has signed a Memorandum of Understanding (MoU) with the Automotive Component Manufacturers Association of India (ACMA) to share its best practices like people development and lean management principles with ACMA member companies. The initiative will be undertaken by TKM through its training arm Toyota Learning and Development India (TLDI). The MoU… Continue reading Toyota Kirloskar Motor to share best practices with ACMA member companies
Chinese self-driving startup WeRide raises $310m, strengthens ties with Nissan …
WeRide, a China-based autonomous driving startup, said on Wednesday that it would deepen development with Nissan Motor on autonomous driving technology for the China market as it raised $310 million at a $3.3 billion valuation. WeRide, led by founder Tony Han, is pursuing what is known in the auto industry as a level 4 autonomous… Continue reading Chinese self-driving startup WeRide raises $310m, strengthens ties with Nissan …
@Toyota: Toyota Mobility Foundation, Energy Systems Network, and May Mobility Inaugurate Free Autonomous Shuttle Service in Indianapolis
INDIANAPOLIS (June 22, 2021) – The Toyota Mobility Foundation (TMF), Energy Systems Network (ESN) and the Indiana Economic Development Corporation (IEDC), have joined with May Mobility, a leader in autonomous vehicle (AV) technology and shuttle operations, to launch a free autonomous shuttle service in Central Indiana. The free service, a part of TMF’s Together in Motion Indiana, began June 1, and serves the downtown Indianapolis and Indiana University–Purdue University Indianapolis (IUPUI) communities. Together in Motion is an initiative bringing stakeholders together to test the interoperability of mobility… Continue reading @Toyota: Toyota Mobility Foundation, Energy Systems Network, and May Mobility Inaugurate Free Autonomous Shuttle Service in Indianapolis
@Toyota: Adventure on the Horizon With the All-New 2022 Tundra
About ToyotaToyota (NYSE:TM) has been a part of the cultural fabric in North America for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands plus our 1,800 dealerships. Toyota has created a tremendous value chain and directly employs more than 47,000 in North America. The company… Continue reading @Toyota: Adventure on the Horizon With the All-New 2022 Tundra
Denso invests in Seurat Technologies to accelerate 3D metal printing
Denso has announced its investment in Seurat Technologies, participating in the metal additive manufacturer’s Series B funding round. The investment will help speed the development and commercialisation of Seurat’s patented additive manufacturing technology and is Denso’s latest move to bolster its digital transformation. Founded in July 2015, Seurat Technologies is creating the next generation of metal… Continue reading Denso invests in Seurat Technologies to accelerate 3D metal printing
@Toyota: Toyota Motor North America Announces Executive Change in ITx
Aimed to drive global digital transformation PLANO, Texas (June 21, 2021) – Toyota Motor North America (TMNA) today announced that Brian Kursar, Chief Technology Officer (CTO), TMNA and Toyota Connected North America (TCNA), has been promoted to group vice president, Digital Technology. Kursar will remain CTO for both TMNA and TCNA. In his new role,… Continue reading @Toyota: Toyota Motor North America Announces Executive Change in ITx
@Toyota: Toyota Research Institute Reaches New Technical Milestones in Robotics
Latest Advances Demonstrate Adeptness at Complex Tasks in Home Environments LOS ALTOS, Calif., June 21, 2021 — Today, Toyota Research Institute (TRI) unveiled new robotics capabilities aimed at solving complex tasks in home environments. Specifically, TRI roboticists were able to train robots to understand and operate in complicated situations that confuse most other robots, including… Continue reading @Toyota: Toyota Research Institute Reaches New Technical Milestones in Robotics