European Car Sales Rise to 10-Year High on Peugeot, Renault SUVs

European car sales reached a 10-year high last year as widening economic growth boosted consumer confidence, with SUVs from French manufacturers Peugeot and Renault, Italian competitor Alfa Romeo and Japanese rival Toyota propelling demand. Registrations in 2017 increased 3.3 percent to 15.6 million vehicles, the Brussels-based European Automobile Manufacturers’ Association, or ACEA, said Wednesday in… Continue reading European Car Sales Rise to 10-Year High on Peugeot, Renault SUVs

Statement Regarding Impact of Kobe Steel Quality Issue on Toyota and Lexus Vehicles (final report)

Jan. 17, 2018 News Release We regret any inconvenience and concern caused to customers of Toyota and Lexus vehicles. In response to the series of announcements made by Kobe Steel Ltd. regarding improper conduct related to materials used in vehicles, we have urgently investigated the impact of this matter on Toyota and Lexus vehicles. On… Continue reading Statement Regarding Impact of Kobe Steel Quality Issue on Toyota and Lexus Vehicles (final report)

Lyft opens up Concierge, its ride-booking service for businesses, to all

Lyft today announced it’s expanding its Concierge program – the service that allows organizations to schedule rides for other people – to more business customers. First announced in 2016, the service was originally designed to help patients get to medical appointments, particularly in areas where they may not have a car of their own, like… Continue reading Lyft opens up Concierge, its ride-booking service for businesses, to all

BRIEF-Toyota Motor North America Says Production In North America Is Nearly 2 Mln In 2017

Jan 16 (Reuters) – Toyota Motor North America: * TOYOTA MOTOR NORTH AMERICA SAYS IN 2017, TOYOTA BUILT ABOUT 2 MILLION VEHICLES AT ITS NORTH AMERICAN VEHICLE ASSEMBLY PLANTS * TOYOTA MOTOR NORTH AMERICA – PRODUCTION VOLUME AT NORTH AMERICAN VEHICLE ASSEMBLY PLANTS IN 2017 WAS DOWN ABOUT 1 PERCENT FROM 2.1 MILLION VEHICLES Source… Continue reading BRIEF-Toyota Motor North America Says Production In North America Is Nearly 2 Mln In 2017

Toyota Production in North America Nearly 2 Million in 2017

Nearly 32 Million Vehicles Produced in North America Since 1986 January 16, 2018 PLANO, Texas (Jan. 16, 2018) – In 2017, Toyota built 1,983,723 vehicles at its North American vehicle assembly plants. Production volume was down approximately 1 percent over the previous year total of 2,124,608 vehicles. Toyota’s total vehicle production in North America since 1986… Continue reading Toyota Production in North America Nearly 2 Million in 2017

Toyota unit takes stake in Australian lithium producer

Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Choose the subscription that is right for you Read more For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business… Continue reading Toyota unit takes stake in Australian lithium producer

BlackBerry launches cybersecurity software for self-driving cars

(Reuters) – Canadian software maker BlackBerry Ltd on Monday launched a new cybersecurity software, which identifies vulnerabilities in programs used in self-driving cars. The product, called Blackberry Jarvis, is being marketed first to automakers – a group of customers the former smartphone maker is hoping will power its turnaround efforts – but could also have… Continue reading BlackBerry launches cybersecurity software for self-driving cars

Over a million units sold in Europe for the Toyota Group

With 1,001,662 vehicles sold in 2017, the Japanese saw its sales rise by 8% on the Old Continent and reach a market share of 4.8%. In addition, 40% of sales are hybrid-electric. “2017 was a very good year for us, we have passed the one million mark in a difficult market and we are ahead… Continue reading Over a million units sold in Europe for the Toyota Group

Lexus Carves Out a New Flagship Luxury Crossover with Lexus LF-1 Limitless Concept

DETROIT, Jan. 15, 2018 /PRNewswire/ — Like molten metal being forged into a fine Japanese sword, the lines of the Lexus LF-1 Limitless concept have the potential to shape the future of a flagship luxury crossover for Lexus. Lexus established the luxury crossover segment two decades ago with the global debut of the RX 300 at Detroit.… Continue reading Lexus Carves Out a New Flagship Luxury Crossover with Lexus LF-1 Limitless Concept

Nexteer Launches Digital Trace™ Manufacturing, a Holistic Approach to Integrating Manufacturing & Design

DETROIT, Jan. 15, 2018 /PRNewswire/ — Nexteer Automotive today introduced Digital Trace™ Manufacturing, one of the most advanced, holistic, integrative approaches to design and manufacturing systems ever seen in the auto industry. The system uses the latest technologies and data analytics within one common, global architecture. For customers, this will help deliver high-quality product performance while… Continue reading Nexteer Launches Digital Trace™ Manufacturing, a Holistic Approach to Integrating Manufacturing & Design