Tag: Toyota

@Toyota: Toyota Celebrates Production of 10 Millionth Camry in Kentucky

Ever wonder what’s at the intersection of comfort and class? Well, for nearly 40 years, the Toyota Camry has transported drivers and passengers alike to that very crossroad. When Toyota Motor Corporation launched in Japan in 1957, it sold a modest 288 vehicles. Today, the automaker has exponentially eclipsed those humble beginnings with the production… Continue reading @Toyota: Toyota Celebrates Production of 10 Millionth Camry in Kentucky

@Toyota: Suzuki and Daihatsu Join Commercial Japan Partnership for Dissemination of CASE Technologies in Mini-commercial Vehicles

Suzuki Motor Corporation (Suzuki) and Daihatsu Motor Co., Ltd. (Daihatsu) announced that they joined the Commercial Japan Partnership (CJP) commercial vehicle project today to accelerate their carbon neutrality initiatives in minivehicles through the dissemination of CASE technologies and services. As part of their participation in the project, Suzuki and Daihatsu are to each acquire 10… Continue reading @Toyota: Suzuki and Daihatsu Join Commercial Japan Partnership for Dissemination of CASE Technologies in Mini-commercial Vehicles

UVeye gets $60 million investment in Series C funding to support global expansion

Israel-based UVeye, a supplier of high-speed vehicle inspection systems for the auto industry has received $60 million (Rs 445 crore) in additional funding to support its global expansion plans. The company says CarMax, W.R. Berkley Corporation and F.I.T. Ventures are among the participants in UVeye’s Series C funding round. UVeye counts Volvo Cars, Hyundai Motors… Continue reading UVeye gets $60 million investment in Series C funding to support global expansion

Stellantis picks Amazon Alexa executive as chief technology officer

Stellantis has filled a key remaining hole in its leadership since its creation as the world’s fourth-largest automaker in January. Ned Curic, currently vice president of Alexa Automotive at Amazon, is slated to take over as chief technology officer for Stellantis on Aug. 30. Stellantis, which formed from the merger of Fiat Chrysler Automobiles and Peugeot… Continue reading Stellantis picks Amazon Alexa executive as chief technology officer

@Toyota: Toyota Tsusho Has Signed a Distributor Agreement with Cybellum Technologies Ltd., a Provider of Security Services for Automobiles

Toyota Tsusho Corporation (“Toyota Tsusho”) signed a distributor agreement in June 2021 with the Israeli startup company Cybellum Technologies Ltd. (“Cybellum”), which provides security services for automobiles. Toyota Tsusho is the first company to conclude a distributor agreement for the Japanese market. Go to Source

@Toyota: Woven Planet Holdings, a Subsidiary of Toyota Motor Corporation, Closes Acquisition of Lyft’s Level 5 Division

Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of Toyota Motor Corporation, announced the closing of the acquisition of Level 5, the self-driving division of Lyft, Inc. (“Lyft”), a proposed transaction previously announced in April 2021. This marks the first acquisition for Woven Planet, a group that is focused on mobility innovations and investments in… Continue reading @Toyota: Woven Planet Holdings, a Subsidiary of Toyota Motor Corporation, Closes Acquisition of Lyft’s Level 5 Division

@Groupe PSA: PR Ned Curic will join Stellantis as Chief Technology Officer002142

AMSTERDAM – Stellantis is pleased to announce that Ned Curic, currently VP of Alexa Automotive, Amazon will join Stellantis as Chief Technology Officer on August 30, 2021. As the CTO of Stellantis, reporting to the CEO Carlos Tavares, Ned will manage all information technology resources for the Group. Ned Curic is a worldwide-recognized expert with… Continue reading @Groupe PSA: PR Ned Curic will join Stellantis as Chief Technology Officer002142

Top sponsor Toyota pulls all Olympic TV ads in blow to Games

TOKYO — Toyota Motor said Monday that it will not air any Olympic-related TV advertisements going forward, despite the automaker being a top-tier sponsor. President Akio Toyoda will not attend the opening ceremony, the company also said. The decision signaled that the automaker is distancing itself from the Summer Olympics and Paralympics, which are set to kick… Continue reading Top sponsor Toyota pulls all Olympic TV ads in blow to Games

Panasonic-Toyota plans to cut the cost of electric vehicle batteries in half

A joint venture between Panasonic and Toyota in Japan has announced that it will cut battery manufacturing prices in half by 2022. According to foreign media on the 19th, ‘Prime Planet Energy & Solutions (PPES)’, a joint venture between the two companies, announced that it would reduce the manufacturing cost of electric vehicle batteries by… Continue reading Panasonic-Toyota plans to cut the cost of electric vehicle batteries in half