China’s GAC, BMW expect China sales to grow this year

By Reuters Staff 1 Min Read FILE PHOTO: A man walks past the logo of Chinese automobile maker GAC Group at the company headquarters in Guangzhou, Guangdong province, China October 24, 2019. REUTERS/Yilei Sun BEIJING (Reuters) – Chinese automaker GAC 601238.SS and Germany’s BMW BMWG.DE expect sales to grow this year in China, the world’s… Continue reading China’s GAC, BMW expect China sales to grow this year

Nissan to launch slew of new vehicles in China over next five years, CEO says

By Norihiko Shirouzu 3 Min Read BEIJING (Reuters) – Nissan Motor’s chief executive 7201.T said on Saturday he planned to launch a number of new vehicles in the growing Chinese market over the next five years, including electrical cars, that could help the struggling Japanese automaker return to profit. Nissan Chief Executive Officer Makoto Uchida… Continue reading Nissan to launch slew of new vehicles in China over next five years, CEO says

PSA offers to ramp up capacity for Toyota to win EU okay for Fiat deal: sources

By Reuters Staff 1 Min Read FILE PHOTO: The logo of French car manufacturer Peugeot is seen at the 33th Auto Zurich Car Show in Zurich, Switzerland, Oct. 31, 2019. REUTERS/Arnd Wiegmann/File Photo BRUSSELS/MILAN (Reuters) – French carmaker PSA PEUP.PA has offered to increase the production capacity for Japanese rival Toyota 7203.T in their joint… Continue reading PSA offers to ramp up capacity for Toyota to win EU okay for Fiat deal: sources

@Toyota: Toyota RAV4 Plug-in: Unprecedented Power and Efficiency

New flagship of Toyota’s hybrid range Most powerful RAV4 yet with 302bhp/225kW Best-in-class fuel economy and CO2 emissions – 282.5mpg and 22g/km (WLTP) All-electric driving is the default, with a 46-mile EV mode driving range (WLTP) on a full battery charge and speeds up to 84mph (where limits permit) UK showroom launch spring 2021 Toyota’s… Continue reading @Toyota: Toyota RAV4 Plug-in: Unprecedented Power and Efficiency

Hyundai to more than double Vietnam auto output with new plant

HANOI — Hyundai Motor has begun work on a second plant in Vietnam that will boost its capacity by 140% in a growing market. The South Korean automaker will invest 3.2 trillion dong ($138 million) in the Ninh Binh Province site, which is slated to come online in phases starting in 2022. The plant will… Continue reading Hyundai to more than double Vietnam auto output with new plant

@Toyota: Toyota Tsusho Invests in Aurora Labs Ltd. Which Offers Tools for Analyzing Software Architecture at the Line-of-Code Behavior Level

2020-09-23 Toyota Tsusho Corporation (“Toyota Tsusho”) announces that it has participated in a B-round investment and invested approximately USD 1.5 million in Aurora Labs Ltd. (“Aurora Labs”) through the allocated third-party shares. The investment aims for commercializing services that support the analysis and management of source code for automotive software, and that support software programming… Continue reading @Toyota: Toyota Tsusho Invests in Aurora Labs Ltd. Which Offers Tools for Analyzing Software Architecture at the Line-of-Code Behavior Level

@Toyota: Q&A with Yigal Sharon, Founder and CEO of Moodify

Q&A with Yigal Sharon, Co-Founder and CEO of Moodify Moodify founder and CEO Yigal Sharon Founded in 2017 by CEO Yigal Sharon and CTO Yaniv Mama, Moodify develops software-designed scents. With the use of advanced algorithms, the resulting scents are effective and precise in improving people’s sense of well-being and positively influencing human behavior. The company’s technology,… Continue reading @Toyota: Q&A with Yigal Sharon, Founder and CEO of Moodify

Toray boosts carbon fiber output for fuel cell vehicles by 50%

TOKYO — Japanese materials maker Toray Industries will ramp up production of carbon fiber for fuel cell vehicles in the U.S. and Japan by 50% this fiscal year, Nikkei has learned, pivoting to a field expected to see growth as demand from the aviation industry tumbles. The company will switch over production lines for aircraft materials to make… Continue reading Toray boosts carbon fiber output for fuel cell vehicles by 50%

Aurora Labs Raises $23M in Series B Funding

Aurora Labs, a Tel Aviv, Israel-based provider of self-healing software for connected cars, secured $23m in Series B funding. The round was led by LG Technology Ventures, the investment arm of the LG Group, and Marius Nacht, co-founder of Check Point Software Technologies. Porsche SE, majority owner of the VW group which includes Volkswagen, Audi,… Continue reading Aurora Labs Raises $23M in Series B Funding

Tesla initiates talks to set up research centre in Bengaluru

Tesla held exploratory discussions with Karnataka government officials on September 10, who are seeking a possible investment by the world’s most valuable carmaker in a research facility in Bengaluru, people familiar with the development told ET. A followup meeting is expected later this month, they said, during which the state officials are expected to present… Continue reading Tesla initiates talks to set up research centre in Bengaluru