Toyota plans to make 100,000 pickups a year at new Mexican plant

APASEO EL GRANDE, Mexico, Feb 6 (Reuters) – Toyota Motor Corp will ramp up production at its new Mexican plant to 100,000 vehicles a year by 2021, marking a major step to shift production of its popular Tacoma pickup truck to Mexico from the United States, the company said on Thursday. The plant in the… Continue reading Toyota plans to make 100,000 pickups a year at new Mexican plant

REFILE-UPDATE 2-Toyota lifts annual profit forecast, looking at alternate sources for China-made parts

TOKYO (Reuters) – Toyota Motor Corp (7203.T) raised its annual operating profit forecast by 4.2% on favorable currency rates and better-than-expected vehicle sales, but added that the impact of the new coronavirus was difficult to gauge and not yet been factored in. FILE PHOTO: A logo of Toyota is pictured at Bangkok Auto Salon 2019… Continue reading REFILE-UPDATE 2-Toyota lifts annual profit forecast, looking at alternate sources for China-made parts

Toyota lifts annual profit forecast, looking at alternate sources for China-made parts

TOKYO (Reuters) – Toyota Motor Corp (7203.T) raised its annual operating profit forecast by 4.2% on favorable currency rates and better-than-expected vehicle sales, but added that the impact of the new coronavirus was difficult to gauge and not yet been factored in. FILE PHOTO: A logo of Toyota is pictured at Bangkok Auto Salon 2019… Continue reading Toyota lifts annual profit forecast, looking at alternate sources for China-made parts

Uber can resume testing its self-driving cars in California

Sponsored Links ERIC BARADAT via Getty Images Uber started scaling back its self-driving car tests after one of its vehicles hit and killed a pedestrian in March of 2018. While the company doesn’t seem primed to unleash a fleet of autonomous cars, it has been granted a new permit to resume testing in California. San… Continue reading Uber can resume testing its self-driving cars in California

@Toyota: Q&A with Jan Becker — Co-founder and CEO of Apex.AI

Q&A with Jan Becker — Co-founder and CEO of Apex.AI Apex.AI co-founder and CEO Jan Becker Building on the open source Robot Operating System (ROS), Apex.AI was founded in 2017 to enable developers to successfully implement complex, safety-critical software for autonomous mobility. We welcomed Apex.AI to the Toyota AI Ventures portfolio in February 2019. In this Q&A, Apex.AI co-founder… Continue reading @Toyota: Q&A with Jan Becker — Co-founder and CEO of Apex.AI

Toyota designs electric car with batteries reusable in homes

NAGOYA, Japan — Toyota Motor is preparing to release a new ultracompact electric vehicle with a standardized battery that can be easily reused in homes. By the end of this year, the automaker aims to introduce the model designed for one or two people. The cars would be leased for several years, with scheduled battery checks over… Continue reading Toyota designs electric car with batteries reusable in homes

Kia launches the Carnival MPV at Auto Expo 2020; prices starting from Rs 24.95 lakh

Kia has launched its second offering for the Indian market – the Carnival MPV – at the 2020 Auto Expo. Kia Carnival prices start at Rs 24.95 lakh (ex-showroom, India) and top-off at Rs 33.95 lakh. Available with a sole diesel-automatic powertrain, the MPV can be had in three seating configurations and three trims –… Continue reading Kia launches the Carnival MPV at Auto Expo 2020; prices starting from Rs 24.95 lakh

GM rolls back ‘radical’ plan to offer only 3-cylinder engines in some China cars -sources

BEIJING (Reuters) – General Motors (GM.N) is backtracking on an aggressive promotion of three-cylinder engines in China that saw some Buick and Chevrolet models offered only in that option – a move which proved highly unpopular and helped sales slide, people familiar with matter said. FILE PHOTO: The GM logo is seen in Warren, Michigan,… Continue reading GM rolls back ‘radical’ plan to offer only 3-cylinder engines in some China cars -sources

@Toyota: Mobility 54 invests in Sendy Limited – a logistics digital platformer in Africa- contributing to solve the social challenges in the African logistics industry –

2020-02-04 Mobility 54 Investment SAS (“Mobility 54”) – established in October 2019 under a group joint venture between Toyota Tsusho Corporation (“Toyota Tsusho”) and CFAO SAS (“CFAO”) – has decided to participate in the series B funding and to invest USD 7.6 million in Sendy Limited (“Sendy”) engaging in logistics digital platform services in Africa.… Continue reading @Toyota: Mobility 54 invests in Sendy Limited – a logistics digital platformer in Africa- contributing to solve the social challenges in the African logistics industry –

@Toyota: Building Vision-Oriented AI for Autonomous Vehicles — Our Portfolio Company Recogni is Hiring

Building Vision-Oriented AI for Autonomous Vehicles — Our Portfolio Company Recogni is Hiring Founded in 2017, our portfolio company Recogni is creating a vision-oriented AI processing framework for high-performance, low-power object recognition to help advance autonomous vehicle (AV) efficiency and safety. The San Jose-based company, which emerged from stealth mode with its $25 million Series A funding round… Continue reading @Toyota: Building Vision-Oriented AI for Autonomous Vehicles — Our Portfolio Company Recogni is Hiring