Geneva, 6 March 2018 – In the margins of the Geneva motor show, the European Automobile Manufacturers’ Association (ACEA) reacts to recent discussions on possible tariffs on EU car imports to the United States by putting the trade relations between the two regions in context. “ACEA’s members are global companies, and international trade is an… Continue reading Press Releases – EU-US automobile trade and production in context
Tag: Toyota
May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market
When we spoke with Ed Olson, CEO of May Mobility, in January, he told us that his driverless-vehicle company had raised a little over $11 million in seed funding in 2017. Last week, May disclosed more details about its $11.5 million seed round: it was led by venture investment arms of Toyota and BMW, and… Continue reading May Mobility CEO: We’ll Beat Waymo, Uber, and Cruise to Market
Toyota Enters the Next Phase of its European Powertrain Strategy
Toyota advances its European powertrain strategy with new 2.0-litre hybrid electric system.
Toyota Motor Corporation to Merge Three Information Technology Subsidiaries and Create Comprehensive IT Solutions Company
Toyota Motor Corporation (TMC) announces a mutual agreement to merge three of its information technology (IT) subsidiaries as of January 1, 2019. The three companies involved in the merger are Toyota Communication Systems Co., Ltd. (TCS), Toyota Digital Cruise, Inc. (TDC), and Toyota Caelum Inc. (TCI).
Japan H2 Mobility, LLC Established by Eleven Companies
Toyota Motor CorporationNissan Motor Co. Ltd.Honda Motor Co. Ltd.JXTG Nippon Oil & Energy CorporationIdemitsu Kosan Co. Ltd.Iwatani CorporationTokyo Gas Co. Ltd.Toho Gas Co. Ltd.Air Liquide Japan Ltd.Toyota Tsusho CorporationDevelopment Bank of Japan Inc. The below-mentioned 11 companies have today announced joint establishment of “Japan H2 Mobility, LLC (hereinafter JHyM)”, aimed at the full-fledged development of… Continue reading Japan H2 Mobility, LLC Established by Eleven Companies
The death of diesel: can struggling industry woo back consumers?
Automotive industry Amid fears about pollution, penalties and bans, buyers are abandoning diesel cars in droves Experts predict diesel’s UK market share will drop from one in two cars sold to one in seven by 2025. Photograph: Martin Meissner/AP No customers were troubling the Jaguar showroom in Welwyn Garden City on Friday, at the start… Continue reading The death of diesel: can struggling industry woo back consumers?
Press Release No. 05/2018 – Vehicle registrations in the February 2018
date 03/02/2018 Flensburg, March 2, 2018. 261,749 Passenger cars ( car ) were newly registered in February. That was +7.4 percent more than in the same month last year. The share of commercial approvals was 63.1 percent (+ 0.8%). Private registrations increased by + 21.3 percent. Except for Audi (-3.6%) and BMW (-0.7%) recorded the… Continue reading Press Release No. 05/2018 – Vehicle registrations in the
February 2018
Toyota starts a new $2.8 billion company to develop self-driving software
Toyota is expanding its pursuit of self-driving cars by starting a new company called Toyota Research Institute-Advanced Development, or TRI-AD. The Japanese automaker is starting the company in conjunction with automotive supplier Aisin Seiki and Denso, and together, they plan to invest $2.8 billion into TRI-AD in the coming years and hire around 1,000 employees… Continue reading Toyota starts a new $2.8 billion company to develop self-driving software
Toyota creates a new advanced research company fo focus on self-driving
Toyota has an existing think tank, research organization and long-term development wing courtesy of Toyota Research Institute (TRI), but now it’s expanding TRI with a new sub-company of its own: Toyota Research Institute-Advanced Development (TRI-AD), which I have to assume was so named just so they could have the really cool acronym. The new company… Continue reading Toyota creates a new advanced research company fo focus on self-driving
Toyota, group suppliers to form $2.8b self-driving R&D JV
March 2, 2018 Toyota Motor Corp and group suppliers Denso Corp and Aisin Seiki Co said on Friday they would form a joint venture for researching and developing automated-driving technology, investing more than 300 billion yen ($2.8 billion). The Tokyo-based venture will be formed later this month and aim to employ about 1,000 workers, including… Continue reading Toyota, group suppliers to form $2.8b self-driving R&D JV