Tag: Toyota

@Toyota: Toyota Mobility Foundation to Expand Provision of Connected and Sanitized Mobility Services to Healthcare Workers in Philippines in Support of the Fight Against COVID-19

In appreciation of and respect for the dedication of these heroes, Toyota Mobility Foundation (TMF), an independent not-for-profit foundation aimed at enabling mobility for all, announced today that they will provide up to 10 connected and sanitized shuttles to Philippine General Hospital. These free-of-charge shuttles will help medical and other staff at the hospital commute… Continue reading @Toyota: Toyota Mobility Foundation to Expand Provision of Connected and Sanitized Mobility Services to Healthcare Workers in Philippines in Support of the Fight Against COVID-19

Fiat Chrysler files for trademark on ‘Dakota,’ raising prospect of new midsize truck

CLOSE Fiat Chrysler has filed for a trademark for “Dakota,” raising the prospect that the company could be relaunching its midsize truck model. It likely would be a Ram, however, rather than a Dodge like this 2009 Dodge Dakota Sport Extended Cab.  (Photo: Fiat Chrysler Automobiles) Is Fiat Chrysler Automobiles ready to pull the trigger… Continue reading Fiat Chrysler files for trademark on ‘Dakota,’ raising prospect of new midsize truck

Hertz and Avis cancel orders in setback for battered automakers

Gabrielle Coppola, David Welch and Chester Dawson, Bloomberg Published 1:04 p.m. ET May 6, 2020 | Updated 1:11 p.m. ET May 6, 2020 Rental-car companies struggling to survive the coronavirus pandemic’s catastrophic blow to their business have been working with automakers to call off purchases, in some cases even redirecting vehicles in transit to their… Continue reading Hertz and Avis cancel orders in setback for battered automakers

Press Releases – 298 automobile factories operating across Europe, new data shows

Brussels, 6 May 2020 – 298 automobile assembly and engine production plants operate in Europe today, according to freshly-updated data from the European Automobile Manufacturers’ Association (ACEA). Cars, vans, trucks, buses and engines are manufactured at these factories, 196 of which are situated within the European Union (EU27). ACEA is publishing this data in the… Continue reading Press Releases – 298 automobile factories operating across Europe, new data shows

Uber CEO tells employees that it is finalizing layoffs as fears circulate among staff that 4,000 jobs will be cut (UBER)

Uber’s CEO told employees during an all-hands meeting on Tuesday that it was close to finalizing layoffs, saying that plans would be announced within two weeks. Some employees think layoffs could hit next week, with one source telling Business Insider that the company could trim 4,000, including attrition. The company has already slashed jobs at… Continue reading Uber CEO tells employees that it is finalizing layoffs as fears circulate among staff that 4,000 jobs will be cut (UBER)

@Toyota: Powering In-Vehicle Alerts and Enhancing Driver Safety: Our Portfolio Company Nauto Is Hiring

Image courtesy of Nauto Led by founder and CEO Stefan Heck, our portfolio company Nauto is leveraging artificial intelligence to help make roads safer. Nauto’s AI-powered Driver Behavior Learning Platform for commercial fleets uses sensors and machine learning to identify high-risk situations, like distracted driving, and alert drivers to potential collisions before they happen. By collecting… Continue reading @Toyota: Powering In-Vehicle Alerts and Enhancing Driver Safety: Our Portfolio Company Nauto Is Hiring

@Toyota: Toyota USA Foundation Builds Upon Company’s Ongoing COVID-19 Relief Efforts

Provides $2.5 Million to Address Hunger and E-Learning Programs Nationwide PLANO, Texas (May 5, 2020) – Amid growing demand for emergency relief as a result of COVID-19, the Toyota USA Foundation awarded $2.5 million in grants to a variety of nonprofits across the nation. Funds address crucial needs – particularly food assistance – in urban… Continue reading @Toyota: Toyota USA Foundation Builds Upon Company’s Ongoing COVID-19 Relief Efforts

Press Releases – COVID-19: Automotive sector calls for vehicle renewal incentives to kickstart economic recovery

Brussels, 5 May 2020 – COVID-19 is having a major impact on the economy, with retail and manufacturing activity crippled without precedence and concerns mounting on consumer sentiment. The European automotive sector, which has been hit particularly badly, proposes a plan comprised of 25 key actions to ensure a strong restart of the sector and… Continue reading Press Releases – COVID-19: Automotive sector calls for vehicle renewal incentives to kickstart economic recovery

Honda, PSA to gradually restart car plants in coming weeks

Tara Patel and Siddharth Philip, Bloomberg Published 11:38 a.m. ET May 4, 2020 | Updated 11:42 a.m. ET May 4, 2020 PSA Group and Honda Motor Co. will gradually restart manufacturing sites in the coming weeks as European countries begin to lift lockdown restrictions and reopen vehicle showrooms. The first wave of resumptions at PSA’s… Continue reading Honda, PSA to gradually restart car plants in coming weeks