Tag: Toyota

@Toyota: Toyotsu Automotive Creation Signs a Business Agreement with USS, the Largest Used Vehicle Auction Provider- The First Installation of the UVeye’s Vehicle Inspection System in Japan –

2020-02-21 Toyotsu Automotive Creation Corporation (TAC), a wholly-own subsidiary of the Toyota Tsusho Corporation (Toyota Tsusho), signed a business agreement with Japan’s largest used vehicle auction provider, USS Co., Ltd. (USS) on installation of undercarriage and wheels imaging system from UVeye, Ltd. (UVeye) of Israel, for which Toyota Tsusho holds sales rights. Trial use of… Continue reading @Toyota: Toyotsu Automotive Creation Signs a Business Agreement with USS, the Largest Used Vehicle Auction Provider- The First Installation of the UVeye’s Vehicle Inspection System in Japan –

Malaysia revamps auto policy with third national car in mind

KUALA LUMPUR — Malaysia unveiled on Friday a much-delayed automotive policy, hoping to stay ahead of Thailand and Indonesia by shifting the focus from energy-efficient cars to next-generation vehicles production for the region. The National Automotive Policy 2020 also sought to redefine its national car classifications to accommodate a third national car maker, after China’s Geely-backed Proton… Continue reading Malaysia revamps auto policy with third national car in mind

Russian driverless tech company Cognitive Pilot sets sights on IPO

By Nadezhda Tsydenova MOSCOW, Feb 21 (Reuters) – Russian technology start-up Cognitive Pilot, which makes components for driverless vehicles, is considering an initial public offering (IPO) after 2023, its chief executive told Reuters. The company has already attracted investment from top Russian lender Sberbank, which has bought a 30% stake, though it gave no indication… Continue reading Russian driverless tech company Cognitive Pilot sets sights on IPO

@Toyota: Toyota and Toyota Industries Jointly Develop New Battery for Hybrid Electric Vehicles

Toyota City, Japan, February 20, 2020―Toyota Motor Corporation (Toyota) and Toyota Industries Corporation (Toyota Industries) announce that they have jointly developed a new battery for hybrid electric vehicles (HEV). The battery has been developed in anticipation of the further development and market introduction of HEVs, forecasted to rapidly expand in the future. Moving forward, the… Continue reading @Toyota: Toyota and Toyota Industries Jointly Develop New Battery for Hybrid Electric Vehicles

@Toyota: Toyota Gains More Traction on the Road and in the Sedan Segment with the Launch of Camry and Avalon All-Wheel Drive Models

Developed and Assembled in the U.S. Exclusively for North America Available as Stand-Alone Option on Most Model Grades Exemplary Fuel Efficiency with 202-Horsepower Engine Shared TNGA Technology from RAV4 PARK CITY, Utah (February 18, 2020) – While others are abandoning the sedan segment, Toyota continues to double-down with new variants of its best-selling sedans. With… Continue reading @Toyota: Toyota Gains More Traction on the Road and in the Sedan Segment with the Launch of Camry and Avalon All-Wheel Drive Models

DENSO Announces Changes of Executive  Responsibility

KARIYA (Japan) ― DENSO Corporation today announced changes of Excutive responsibility, effective April 1, 2020. The company decided the following changes of members of the Board and the members on its Audit & Supervisory Board. This changes will be effective after the 97th Annual General Meeting of Shareholders, 2020. Go to Source

Toyota’s Canadian chief argues climate goals not best solved by EVs

Larry Hutchinson, CEO of Toyota Canada, spoke last week at the opening of the 2020 Canadian International Auto Show in Toronto. His comments were captured by Driving.ca’s David Booth, who characterized Toyota as “the industry leader in electrification” and “the biggest, most successful, and most environmentally conscious traditional automaker.” Hutchinson expressed Toyota’s commitment to reducing… Continue reading Toyota’s Canadian chief argues climate goals not best solved by EVs

@Toyota: Toyota Financial Services Issues Fifth Green Bond, Reinforcing Toyota’s Commitment to Sustainability

$750 million bond proceeds finance environmentally friendly vehicle sales PLANO, Texas (February 14, 2020) – Toyota Financial Services (TFS) issued its latest unsecured Green Bond, reinforcing the company’s industry-leading commitment to the sale of environmentally friendly vehicles. Proceeds from the $750 million bond will be used to fund the acquisition of new retail installment contracts… Continue reading @Toyota: Toyota Financial Services Issues Fifth Green Bond, Reinforcing Toyota’s Commitment to Sustainability