Tag: Toyota

Tesla factory to be investigated over safety concerns

Tesla California base faces claims of unreported injuries as it struggles to roll out Model 3 Customer deliveries of the Model 3 have been delayed by the production problems. Photograph: Justin Pritchard/AP Tesla is facing an investigation by Californian safety regulators into reports of serious injuries at its factory in Fremont, California, where it is… Continue reading Tesla factory to be investigated over safety concerns

Car maker in crisis: Opel is taking its dealers in the shortage

PSA comes through: Opel apparently wants to almost halve staff in Eisenach The car manufacturer is to plan a massive workforce reduction in its Eisenach plant. The new owner PSA wants to install only one model there. The dealers of the car manufacturer Opel are used to grief. With a return on sales of a… Continue reading Car maker in crisis: Opel is taking its dealers in the shortage

DENSO Obtains Stake in On The Road to Accelerate Development of Technology Used in MaaS

KARIYA (Japan) ― DENSO Corporation today announced that it has taken an equity stake in On The Road Co., Ltd., a developer of next-generation software using cloud computing, edge computing, and other IT platforms, to accelerate development of technology for Mobility as a Service (MaaS*) systems. The amount of investment is about 160 million yen… Continue reading DENSO Obtains Stake in On The Road to Accelerate Development of Technology Used in MaaS

Ghosn: Nissan, Renault should merge

Kae Inoue and Ma Jie, Bloomberg News Published 5:10 p.m. ET April 17, 2018 Nissan CEO Carlos Ghosn, 64, hasn’t said when he will retire. (Photo: David Becker / Getty Images) Carlos Ghosn said he’s seeking to change the alliance between Nissan Motor Co. and Renault SA so it will function independently of leadership once… Continue reading Ghosn: Nissan, Renault should merge

LIDAR maker Luminar is scaling up and slashing costs in effort to dominate self-driving cars

Self-driving cars won’t change society if the sensors that allow them to “see” their environment remain too expensive to produce at scale. Until recently, the only company that made reliable LIDAR, the laser sensor that sends millions of laser points out per second and measures how long they take to bounce back, was Velodyne. But… Continue reading LIDAR maker Luminar is scaling up and slashing costs in effort to dominate self-driving cars

Toyota to deploy vehicle-to-vehicle tech in 2021

John Lippert and Todd Shields, Bloomberg Published 2:30 p.m. ET April 16, 2018 Toyota says it will start equipping models with technology to talk to other vehicles starting in 2021, as it tries to push safety communications forward. (Photo: David Zalubowski / AP, file) Toyota Motor Corp. laid out plans to start putting short-range communications… Continue reading Toyota to deploy vehicle-to-vehicle tech in 2021

Toyota and Lexus to Launch Technology to Connect Vehicles and Infrastructure in the U.S. in 2021

PLANO, Texas, April 16, 2018 /PRNewswire/ — Imagine a world where vehicles could ‘talk’ to each other and to the surrounding environment to help keep their drivers and their passengers safe.  Toyota and Lexus want to advance that conversation, which is why the companies plan to start deployment of Dedicated Short-Range Communications (DSRC) systems on vehicles… Continue reading Toyota and Lexus to Launch Technology to Connect Vehicles and Infrastructure in the U.S. in 2021

UPDATE 1-VW’s trucks division open to buying majority of Navistar -CFO

MUNICH (Reuters) – Volkswagen (VOWG_p.DE) is open to buying at some point a majority stake in U.S. truckmaker Navistar International Corp (NAV.N) as it pushes to expand its truck division’s global presence and tap capital markets. FILE PHOTO: A VW sign is seen outside a Volkswagen dealership in London, Britain November 5, 2015. REUTERS/Suzanne Plunkett/File… Continue reading UPDATE 1-VW’s trucks division open to buying majority of Navistar -CFO

Group 1 Automotive Expands Presence in Brazil

HOUSTON, April 16, 2018 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), (“Group 1” or the “Company”), an international, Fortune 500 automotive retailer, today announced the acquisition of a new Toyota market area in western São Paulo, Brazil as well as a major expansion to an existing Honda dealership located in the São Paulo suburb of São Bernardo do… Continue reading Group 1 Automotive Expands Presence in Brazil