By Paul Lienert and Joseph White DETROIT (Reuters) – General Motors Co Chief Executive Mary Barra has made a bold promise to investors that the Detroit automaker will make money selling electric cars by 2021. What Barra has not explained in detail is how GM intends to do what, so far, no major automaker has… Continue reading GM races to build a formula for profitable electric cars
Tag: Toyota
NVIDIA will power Continental’s self-driving car platform
Rick Wilking / Reuters German automotive components producer Continental has partnered with NVIDIA to produce a full-scale self-driving car platform. It will use the GPU maker’s autonomous vehicle hardware and software setup, DRIVE, to make a unified platform that prospective automakers and others can build their own self-driving cars upon. NVIDIA will provide the Xavier… Continue reading NVIDIA will power Continental’s self-driving car platform
Toyota’s Way Changed the World’s Factories. Now the Retool
Over decades, Toyota Motor Corp. built a corporate culture that was the envy of the manufacturing world. Now the auto industry’s most-emulated company is overhauling the way it brings its vaunted production system to every corner of the business. The automaker last month created a single group, staffed with 200 employees, to manage the Toyota Production System,… Continue reading Toyota’s Way Changed the World’s Factories. Now the Retool
DENSO Announces Third-quarter Financial Results
KARIYA (Japan) ―Global automotive supplier DENSO Corporation today announced its global financial results for the nine months of the fiscal year ending March 31, 2018:
Toyota sells 1.52 million electrified vehicles in 2017, three years ahead of 2020 target
When it comes to global environmental leadership, the number of vehicles that customers buy around the world have a greater impact than the number of concept cars launched at motor shows. Toyota Motor Corporation (Toyota) announced today that it reached a major milestone in annual sales of electrified powertrains in 2017 with over 1.52 million… Continue reading Toyota sells 1.52 million electrified vehicles in 2017, three years ahead of 2020 target
Auto sales: GM, Toyota up; Ford, FCA drop
Among domestics, only General Motors posted a profit in the first month of the year
Transportation is Taking Off: Our Investment in Joby
Toyota AI Ventures was founded to invest in early-stage startups that are developing disruptive technologies and business models, particularly those that enable greater mobility and are multi-modal. That’s why the we, at Toyota AI Ventures, are incredibly excited to welcome Joby Aviation to our portfolio. The Santa Cruz, California-based company is building a new travel… Continue reading Transportation is Taking Off: Our Investment in Joby
Toyota Motor North America Reports January 2018 Sales
PLANO, Texas (Feb. 1, 2018) – Toyota Motor North America (TMNA) today reported January 2018 sales of 167,056 vehicles, an increase of 16.8 percent from January 2017 on a volume basis. With one more selling day in January 2018 compared to January 2017, sales were up 12.1 percent on a daily selling rate (DSR) basis.
Toyota Recalls Certain Prius and Lexus RX, NX Vehicles
PLANO, Texas (Jan. 31, 2018) – Toyota Motor North America, Inc. today announced that it is conducting a safety recall in the U.S. of approximately 49,000 Model Year 2016 Prius and Lexus RX vehicles and Model Year 2015 – 2016 Lexus NX vehicles.
DENSO to Strengthen R&D Capabilities and Collaboration with New Tokyo Facility
KARIYA, Japan, Jan. 31, 2018 /PRNewswire/ — DENSO Corporation, one of the world’s largest automotive suppliers, today announced it will open a new office in Minato-ku, Tokyo in April 2018 to conduct R&D on advanced driver assistance (ADAS), automated driving, and connected vehicles….