@Toyota: Toyota Tsusho to sell shares in Country Pure Foods, Inc.

2019-12-24 Toyota Tsusho Corporation (“Toyota Tsusho”) has signed a contract for the sale of entire shares in the Country Pure Foods, Inc. in the United States, to BPCP CPF Holdings Inc., a U.S based private equity firm with the joint venture partner Sapporo Holdings Limited. Outline of Country Pure Foods, Inc. Address 1209 Orange Street,… Continue reading @Toyota: Toyota Tsusho to sell shares in Country Pure Foods, Inc.

Auto Slowdown: Honda reopens Manesar factory after 2 weeks but slowdown in industry still persists – Business Today

India’s second-largest two-wheeler maker Honda Motorcycle and Scooter India (HMSI) on Monday reopened its Manesar factory after almost two weeks of shut down. Around 1900 permanent workers were asked to resume work in batches and no vehicles were produced, which is expected to happen only later this week. Neither was there any clarity whether a… Continue reading Auto Slowdown: Honda reopens Manesar factory after 2 weeks but slowdown in industry still persists – Business Today

@Toyota: Aioi Nissay Dowa Insurance and Toyota Develop Telematics Damage Service System, an Accident Response Service that Uses Connected Car Data

Dec. 23, 2019 Toyota Motor CorporationAioi Nissay Dowa Insurance Co., Ltd. Toyota City, Japan, December 23, 2019―Toyota Motor Corporation (Toyota) and the MS&AD Insurance Group’s Aioi Nissay Dowa Insurance Co., Ltd. (Aioi Nissay Dowa Insurance) jointly developed the Telematics*1 Damage Service System (the “Service”), a new accident response service that uses driving data acquired from… Continue reading @Toyota: Aioi Nissay Dowa Insurance and Toyota Develop Telematics Damage Service System, an Accident Response Service that Uses Connected Car Data

‘Toyota Inside’ strategy kicks off in China with fuel cells

BEIJING — Toyota Motor has begun supplying key components for fuel cell vehicles to other companies in China, seeking to emulate the way Intel came to dominate the microprocessor business as Taiwanese players built personal computers using its chips. Components being provided by the Japanese automaker include fuel cell stacks, which generate electricity through the… Continue reading ‘Toyota Inside’ strategy kicks off in China with fuel cells

Mazda shifts Thai SUV production to Japan as baht soars

TOKYO — Mazda Motor will review its production footprint in Thailand, Southeast Asia’s top automotive hub, and move the assembly of some models to Japan, as the automaker combats the continued appreciation of the baht against key currencies. Mazda will relocate the production of CX-3 sport utility vehicles meant for the Australia market to a factory in the western… Continue reading Mazda shifts Thai SUV production to Japan as baht soars

@Toyota: Toyota to Launch Pickup Logistics in Tokai Region

Toyota City, Japan, December 20, 2019―Toyota Motor Corporation (Toyota) will begin the transition from conventional “delivery logistics,” where parts are delivered by suppliers, to “pickup logistics” implemented through arrangements made by Toyota, in order to build a new efficient transport system. Pursuing overall optimization through integration of parts suppliers and distribution companies, the new system… Continue reading @Toyota: Toyota to Launch Pickup Logistics in Tokai Region

@Toyota: Media Advisory: Toyota to Reveal More of Its New Mobility Ecosystem Strategy at 2020 CES®

Media Advisory: Toyota to Reveal More of Its New Mobility Ecosystem Strategy at 2020 CES® – Toyota UK Media Site Toyota will be providing additional information pertaining to its new mobility ecosystem strategy at the 2020 CES® show. A press conference from the event will be live-streamed on Vimeo on 6th January 2020 at 1… Continue reading @Toyota: Media Advisory: Toyota to Reveal More of Its New Mobility Ecosystem Strategy at 2020 CES®

Uber’s plan to launch an air taxi service in 2023 just got a boost from a secretive startup

Uber’s ambitious plans to launch an urban air taxi service just got a lift from a secretive, well-financed startup. The ride-hailing company said it would join forces with Joby Aviation, a California-based aerospace company that has been working on electric aviation for over a decade. Joby is the first company to commit to Uber’s aggressive… Continue reading Uber’s plan to launch an air taxi service in 2023 just got a boost from a secretive startup

30-40% Of Tesla Owners Buy Autopilot – Forbes

Full self-driving capability is just three years away, according to one Silicon Valley expert. “We’ve probably spent $100 billion in the past four or five years developing technology for fully autonomous go-anywhere cars,” says Blair LaCorte, president of AEye. “That … can now be used in more intelligent ways, in more intelligent business models.” Quite… Continue reading 30-40% Of Tesla Owners Buy Autopilot – Forbes

@Toyota: Toyota Launches New Intellectual Property Licensing Program

PLANO, Texas (December 19, 2019) – Interested in getting the benefits from a world-renowned research and development company that invests over $1 million per hour, without actually having to spend $1 million per hour? Well, Toyota has just the program for you. Today, Toyota revealed a new program to license its Intellectual Property to interested… Continue reading @Toyota: Toyota Launches New Intellectual Property Licensing Program